Overview of Transaction

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• FIRM, Inc. is a general independent insurance agency with a broad range of Commercial, Personal and Life & Health products.

• Established in 1907, FIRM has grown to be one of the premier insurance agencies in Bergen County and Northern New Jersey.

• Through their exclusive Marina Insurance Program, FIRM offers comprehensive insurance protection for marinas and boatyards.

• FIRM agreed to be acquired by Alera Group, the 14th largest independent insurance agency in the country.

 

Significance of Transaction

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• The FIRM, inc. acquisition strengthens Alera Group’s presence in the Northeast, expanding their locations to their 16th state.

• Alera’s national resources and extensive knowledge will provide FIRM with significant growth opportunities.

• FIRM’s leadership team will remain with Alera Group as they continue to provide important expertise for clients in the Northeast.

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Sica | Fletcher's Role

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• Sica | Fletcher served as exclusive strategic and financial advisor to FIRM, Inc.

• FIRM engaged Sica | Fletcher to explore multiple strategic options for the firm.

• Transaction demonstrates Sica | Fletcher’s continued track record of success advising across the Commercial, Personal and L&H space.