Sica | Fletcher advises Integrated Brokerage Services, Inc. in its sale to ALKEME Intermediary Holdings, LLC.

Overview of Transaction

​

• Integrated Brokerage Services, Inc. (IBS) is a full-service insurance and risk management firm located in Plainview, New York, near the North Shore of Long Island.

• Founded in 1984, the Company writes predominantly commercial lines insurance and has expertise in comprehensive risk management programs, including the design of workers’ compensation programs for large national employers in a range of industries.

• With a consultative approach, IBS leverages its 40 years of experience and knowledge of insurance, finance, reinsurance, underwriting, and claims handling to design and implement risk management solutions to solve the unique challenges facing its clients and their businesses.

• IBS decided to join ALKEME as a growth partner. Founded in 2020, ALKEME is ranked by Insurance Journal as one of the top 25 largest agencies in the United States and by Business Insurance as the #3 fastest growing broker in their Top 100.

 

Significance of Transaction

​​

• Through this acquisition, ALKEME gains a rapidly growing full-service insurance and risk management firm with an exceptionally talented, efficient, warm, and dedicated team.

• IBS will benefit from ALKEME’s robust resources, expanding their personal and commercial insurance offerings while maintaining the high standards of care and satisfaction clients have come to expect.

Sica | Fletcher's Role

​

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

• The transaction elucidates Sica | Fletcher's track record of success and strong relationships with key decision-makers of the most prolific acquirers in the space.