Acrisure Acquires Laris Insurance Agency
Sica | Fletcher advises Laris Insurance Agency, LLC (“Laris”) in its sale to
Acrisure, LLC (“Acrisure”).

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Overview of Transaction

  • Laris is a full-service retail insurance agency headquartered in Lockport, Louisiana, with roots dating back to 1939.

  • The Company specializes in oil, gas, marine, construction, and other commercial lines coverages.  Laris also offers surety bonds, employee benefits, and personal lines products.

  • By partnering with Acrisure, Laris has expanded its access to resources and product offerings with a market-leading partner.

  • Acrisure is the industry’s fastest-growing insurance broker, delivering high-quality insurance and risk management services and solutions through its growing global network of Agency Partners.

Significance of Transaction

  • The acquisition of Laris allows Acrisure to expand its geographic footprint with a platform agency in the Gulf region.

  • The transaction provides the Laris team with substantial corporate resources and numerous cross-selling opportunities within the Acrisure network of Agency Partners.

Sica | Fletcher's Role 

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

  • This transaction highlights Sica | Fletcher’s strong relationships with private equity firms and the brokerages they support. 

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