High Street Insurance Partners Acquires Gingrich
Sica | | Fletcher advises Warren A. Gingrich Agency, Inc. and White Jenkins Johnson LLC
("Gingrich") in its sale to High Street Insurance Partners ("High Street").

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Overview of Transaction

  • Founded in 1954, Gingrich is an multi-line retail agency headquartered in Altoona,
    Pennsylvania. Gingrich is a P&C-focused generalist with 43% of commissions and
    fees attributable to commercial insurance with 53% comprised of personal lines.

  • Gingrich 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 Gingrich offers High Street a multi-generation family business with
    extremely strong ties to its local community. The transaction also expands High
    Streets geographic footprint in Michigan.

 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to
    Gingrich and explored multiple options for the firm before partnering with High
    Street.

  • This transaction further highlights Sica | Fletcher’s strong relationships with private
    equity firms and the brokerages they support.

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