High Street Acquires Fieldstone Insurance Group
Sica | Fletcher advises Fieldstone Insurance Group, LLC (“FIG”) in its sale to
High Street Insurance Partners (“High Street”).
Overview of Transaction
Founded in 2010, FIG is one of the fastest-growing specialty retail brokers in the United States. FIG serves the unique needs of the capital markets industry, providing comprehensive insurance coverages, holistic risk management solutions and proactive high-touch customer service.
FIG 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 FIG provides High Street a world-class team of high-energy insurance experts who are fully committed to expansion. The FIG team has unparalleled expertise in the capital markets sector and will serve as the national practice leaders for High Street’s expanding capital management vertical.
High Street’s resources and expertise will allow FIG to move significantly up-market and provide opportunities for immediate expansion.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Fieldstone.
This transaction highlights Sica | Fletcher’s track record of success with large, complex transactions and further illustrates the strength of its relationships with top-tier investors.