Risk Strategies Acquires Lovell Sagebrush Insurance Group
Sica | Fletcher advises Lovell Sagebrush Insurance Group, Inc. (“LSIG”) in its sale to
Risk Strategies (“RSC”).
Overview of Transaction
LSIG is a retail insurance agency located in Lee’s Summit, Missouri (in the Kansas City Metropolitan Area). The Company has a mix of business in all segments, mainly commercial lines and employee benefits.
LSIG agreed to partner with RSC, a top 20 National Insurance Broker headquartered in Boston, MA. RSC was recently included on Inc. Magazine’s 5000 Fastest-Growing Private Companies in America.
Significance of Transaction
The acquisition of LSIG enables RSC to expand its retail operations in the Midwest with significant growth opportunities on day one for LSIG.
The transaction will provide LSIG with substantially improved corporate resources and opportunities to team up with other RSC partners and expand nationally.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to LSIG.
This transaction builds on Sica | Fletcher's track record of success partnering its clients with the most prolific acquirers in the space.