High Street Insurance Partners Acquires Elliott Hartman Agency

Sica | Fletcher advises Elliott Hartman in its sale to High Street Insurance Partners.

Elliot Hartman.png

Overview of Transaction

​​

  • Founded in 1959 and with roots dating back to 1910, EHA is a transportation insurance specialist located in Waterloo, Iowa.

  • In addition to transportation, EHA has expertise with contractors, construction and bonds.

  • Most of EHA’s customer base are local business owners and transportation and freight companies in the Midwest, with the majority of the Company’s clients in Iowa, Minnesota and Missouri.

  • EHA agreed to partner with High Street Insurance Partners (HSIP), a top 100 National Insurance Broker headquartered in Traverse City, Michigan.

 

Significance of Transaction

  • The acquisition of EHA provides High Street with an exceptional team of transportation specialists with significant relationships within the transportation industry and adds an additional vertical that compliments High Street’s growing business insurance and risk management practice.

 

Sica | Fletcher's Role

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

  • The EHA transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.

Logo-Final-White.png