Acrisure Acquires New Jersey-Based Eastern Insurors

Overview of Transaction

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  • Eastern Insurors is an independent insurance agency based in Northern New Jersey.

  • In business since 1947, Eastern Insurors specializes in home insurance, auto insurance, business insurance, boat insurance, motorcycle insurance and business auto insurance.

  • Eastern Insurors agreed to be acquired by Acrisure, a top 10 National Insurance Broker.

Significance of Transaction

  • The Eastern Insurors acquisitions expands and strengthens Acrisure’s presence in the Northeast and the NY Tri-State area.

  • Acrisure's broad retail base will provide Eastern Insurors with significant growth opportunities immediately.  

Sica | Fletchers' Role

  • Sica | Fletcher served as exclusive strategic and financial advisor to Eastern Insurors. 

  • Eastern Insurors engaged Sica | Fletcher to explore multiple strategic options for the firm.

  • The Eastern Insurors transaction further highlights our strong relationships with top-tier investors, having previously worked with Acrisure on numerous deals.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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