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.