Overview of Transaction

• HSS is a Property & Casualty (“P&C”) focused retail insurance agency with a mix of business in all segments.

• Located in Tulare, California and with a history dating back to 1922, HSS has expertise insuring the specialized needs of farm and ranch owners. Most of the Company’s customer base is located throughout Central California. 

• HSS agreed to partner with Relation, a top 40 National Insurance Broker headquartered in Walnut Creek, CA. 

 

Significance of Transaction

• The acquisition of HSS enables Relation expand its client base on the west coast and and leverage HSS’ expertise in farming and agriculture to serve a niche market segment.

 

Sica | Fletcher's Role

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

• This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier insurance companies and investors.