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​

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• 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

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• 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.