Acrisure Acquires Durkin Agency
Sica | Fletcher advises Durkin Agency in its sale to Acrisure

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Overview of Transaction

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  • With roots dating back to 1945, Durkin is a retail insurance broker headquartered in Englewood, New Jersey.

  • One of the premier agencies in Bergen County, Durkin is a generalist, with specialties including contractors, manufacturers, and retail customers.

  • Durkin’s decision to partner with Acrisure enables the firm to reposition the business with a market-leading partner and accelerate expansion.

  • Acrisure is the industry’s fastest-growing insurance broker, delivering high-quality insurance and risk management services and solutions through its growing global network of Agency Partners.

 

Significance of Transaction

  • The transaction will allow Acrisure to cross-sell to additional P&C clients and expand its geographic footprint on the east coast.

  • Acrisure’s broad retail base and substantial resources will provide Durkin with significant growth opportunities from day one.

 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as strategic and financial advisor to Durkin. After exploring a variety of options, Durkin chose to partner with Acrisure.

  • This transaction underscores Sica | Fletcher’s successful track record generating highly favorable outcomes for leading, end-to-end insurance and risk management companies.

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