Overview of Transaction

​​

• Founded in 1996, Logic is a managing general agency (“MGA”) and surplus lines agent headquartered in Dallas, Texas.

• Logic specializes in developing, marketing and underwriting specialty insurance programs tailored for residential property in underserved market segments. 

• PCF is a leading retail insurance brokerage with a diverse offering of commercial lines, personal lines, and employee benefits products serving more than 220,000 clients. Now a top 20 broker, PCF anticipates closing out the year with nearly $400 million in revenue and over 1,700 employees.

 

Significance of Transaction​

​

• The acquisition of Logic provides PCF with an opportunity to significantly diversify its capabilities and overall product offerings.  

• Logic will be presented the opportunity to vastly increase volume through PCF’s national network of retail agencies. 

 

Sica | Fletcher's Role

​

• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Logic and explored multiple options for the firm before Logic elected to partner with PCF.

• The transaction builds on Sica | Fletcher's track record of success and relationships with the most prolific acquirers in the space.