Sica | Fletcher advises Gorges & Company, Inc. in its sale to ALKEME Intermediary Holdings, LLC.

Overview of Transaction

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• Gorges & Company, Inc. is a full-service retail insurance agency located in Timonium, Maryland.

• Founded in 1937, Gorges has been a staple in its community for nearly 100 years, providing a diversified mix of Property & Casualty and Employee Benefits/Life & Health coverages to clients throughout Maryland and across the United States. 

• Gorges decided to partner with ALKEME. Founded in 2020, ALKEME is ranked as one of the top insurance brokers in the United States, with over 80 locations and over 1,200 employees.

 

Significance of Transaction

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• Through this acquisition, ALKEME obtains a partner with deep expertise serving unique markets across benefits, P&C, and nonprofit solutions.

• Gorges will leverage ALKEME’s robust platform to access expanded resources and gain greater autonomy for growth, while preserving the strong community focus that has defined the agency for decades.

 

Sica | Fletcher's Role

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• Sica | Fletcher served as exclusive strategic and financial advisor to Gorges.

• The transaction highlights Sica | Fletcher’s proven track record and strong relationships with key decision-makers at leading acquirers in the industry.