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Sica | Fletcher advises Hardwick Insurance LLC in its sale to ALKEME Intermediary Holdings, LLC.

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Overview of Transaction

  • Hardwick Insurance LLC is an acquisitive property and casualty (P&C)-focused retail insurance agency with offices in Bossier City, Lafayette, and Lake Charles, Louisiana. 

  • Founded in 2018 by William Hardwick, the company primarily writes personal lines coverage with specialized expertise in P&C insurance for churches. 

  • Hardwick agreed to partner with ALKEME, one of the fastest-growing insurance brokerages in the United States, providing agencies with a proven platform to achieve financial security and revenue

Significance of Transaction

  • The acquisition will allow ALKEME to enhance its national footprint by expanding into Louisiana and leveraging the specialty expertise Hardwick provides. 

  • The acquisition offers the Hardwick team ALKEME’s strengths and network of agency partners. Its partner network will offer many cross-selling opportunities for the Hardwick team within its existing client base.

Sica | Fletcher's Role

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

  • This transaction underscores the strength of Sica | Fletcher’s network of best-in-class agencies and top-tier investors.
     

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Any information provided herein is indicative only, subject to change, and does not constitute an offer to purchase or sell any financial product. Sica | Fletcher LLC does not underwrite securities, nor advise on, nor effect transactions in securities for the account of others.

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