Overview of Transaction

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• Located in Southern Florida, Hackmeier is a leading provider of life and health insurance solutions. 

• Founded in 1978 by Jeff Hackmeier, the Company provides employee benefits, annuities, disability, life, and long-term care insurance.  Hackmeier caters to high-net-worth individuals and employers and prides itself on its high-touch service model. 

• Hackmeier decided to partner with Choice, a rapidly-growing firm in the insurance agency and broker space, having recently partnered with Northlane Capital Partners (NCP), a leading private equity platform, to enable growth.

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Significance of Transaction​

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• The acquisition of Hackmeier offers Choice a strong agency partner with robust expertise, a sticky book of business, and significant ties to the local community. Additionally, the acquisition will allow Choice to further expand its current employee benefits practice.  

• The resources provided by Choice will accelerate Hackmeier’s growth and allow the Company to target clients nationally. The acquisition will also provide the Hackmeier team with best-in-class support, as well as strong cross-selling opportunities. 

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Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as strategic and financial advisor to Hackmeier.

• The transaction underscores Sica | Fletcher's track record of success in deal execution, as well as its relationships with growing acquirers in the space.