Overview of Transaction

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• Founded in 1997, J.W. Edens & Company, Inc. (Edens) is a retail insurance agency with three locations in Southeast Central Florida.

• The Company is a well-rounded generalist with a mix of business in all segments. Employee benefits, homeowners, and general liability are among the Company’s top lines.

• Led by J. Wayne Edens, Timothy Fields, and Scott Steele, Edens has grown via organic growth and acquisition and now has three locations in Florida - Titusville, Indialantic, and New Smyrna Beach.

• Edens agreed to partner with World Insurance Associates (World), a top 100 Independent Property/Casualty Agency.

 

Significance of Transaction

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• The acquisition of Edens bolsters World’s offerings in a high-value geography and expands its presence on the East Coast.  

 

Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Edens and explored multiple options for the firm before partnering with World.

• This transaction further bolsters Sica | Fletcher's strong reputation with top-tier investors in the insurance sector.