Acrisure Acquires Founders Professional, LLC

Sica | Fletcher advises Founders Professional in its sale to Acrisure.

Overview of Transaction

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  • Founded in 2008, Founders Professional, LLC (Founders) is a national specialty wholesale insurance brokerage licensed in 50 states and headquartered in St. Petersburg, Florida.

  • Founders is an expert in placing all classes of professional liability and management liability insurance, including lawyers, architects & engineers, medical & cyber liability.

  • Founders Professional was positioned as an ideal investment platform for investors looking for a turn-key, professional liability wholesaling solution.

  • Founders decided to partner with Acrisure, a top 10 National Insurance Broker.

Significance of Transaction

  • The Founders partnership will help accelerate Acrisure's growth through its nationwide reach of professional liability solutions.

  • Acrisure’s broad retail base will provide Founders with significant growth opportunities from day one.

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Founders Professional and explored multiple options for the firm.

  • This transaction demonstrates Sica | Fletcher’s continued leadership position as the “advisor of choice” to the leading financial services companies and their investors.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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