Risk Strategies Company Acquires Edward E. Hall & Company
Sica | Fletcher advises Edward E. Hall & Company in its sale to Risk Strategies Company.
Overview of Transaction
Established in 1866, Edward E. Hall & Company (EEH) is a wholesale property & casualty insurance brokerage headquartered in Centerport, NY.
EEH focuses on P&C insurance products for automotive and truck dealers and repair facilities via an Auto Dealer Program. EEH also manages a small retail insurance division.
The company agreed to partner with Risk Strategies Company (RSC), a top 20 National Insurance Broker headquartered in Boston, MA.
Significance of Transaction
The acquisition of EEH provides RSC with an opportunity to enhance its wholesale offerings, expand the breadth of its network, and capitalize on cross-selling opportunities within its existing client base.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to EEH and explored multiple options for the firm.
The EEH transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.