Risk Strategies Acquires Gehring Group
Sica | Fletcher advises Gehring Group, LLC (“Gehring”) in its sale to Risk Strategies (“RSC”).
Overview of Transaction
Headquartered in Palm Beach Gardens, Florida, Gehring is a highly technical consultant group specializing in employee benefits and risk management brokerage and consulting services. The Company is the premier provider of employee benefits and risk management solutions to the public sector in the state of Florida and the United States Virgin Islands.
Gehring agreed to partner with RSC, a top 20 National Insurance Broker headquartered in Boston, MA. RSC was recently included on Inc. Magazine’s 5000 Fastest-Growing Private Companies in America.
Significance of Transaction
The acquisition of Gehring provides RSC with an extremely robust best-in-class benefits platform focused on the public sector.
The RSC partnership presents a great strategic and cultural fit for Gehring, and provides opportunities to team up with other RSC partners to expand its focus nationally.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Gehring.
The transaction demonstrates Sica | Fletcher’s robust track record of success with the most prolific acquirers in the space.