Alera Group Acquires IHS Insurance Group
Sica | Fletcher advises IHS Insurance Group, LLC (“IHS”) in its sale to
Alera Group, Inc. (“Alera”).
Overview of Transaction
IHS is a full-service retail insurance agency headquartered in Tomball, Texas.
The Company specializes in Medicare Supplement, Medicare Advantage, and individual health and life insurance, and has a growing P&C presence.
IHS has chosen to partner with Alera, an independent national insurance and financial services firm created through the merger of like-minded, high-performing, entrepreneurial firms across the United States.
Significance of Transaction
The acquisition of IHS provides Alera with an exceptional team of Medicare experts and an opportunity to expand within a new geographic region.
The transaction provides the IHS team with substantial corporate resources and numerous cross-selling opportunities within the Alera partner network.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to IHS and explored multiple options for the firm before partnering with Alera.
This transaction highlights Sica | Fletcher’s strong relationships with private equity firms and the brokerages they support.