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Sica | Fletcher advises Mahorsky Group, Inc. and Brick Procurement, Inc. in its sale to Risk Strategies.

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Overview of Transaction


  • Founded in 2011, Mahorsky provides construction bonds to contractors supporting large-scale federal and commercial projects throughout the United States. 

  • Headquartered in Blue Bell, PA with six other offices throughout the country, Mahorsky is supported by a highly experienced team with over 250 years of combined experience working with all types of specialty contractors, helping them better access and utilize the surety industry.

  • Today, Mahorsky operates through two primary entities: MGI and Brick Procurement. MGI is focused on providing surety bonds to contractors, while Brick supports ancillary client needs such as contractor procurement and project management. Through these two groups, the Company manages risk from the beginning of the process through project completion, starting with contractor analysis and ending with project monitoring systems. 

  • Mahorsky agreed to partner with Risk Strategies (RSC), a top 20 National Insurance Broker headquartered in Boston, MA. RSC was recently included in Inc. Magazine’s 5000 Fastest-Growing Private Companies in America.

Significance of Transaction

  • The transaction helps to secure RSC’s position as an industry leader in the surety bond space. Mahorsky’s deep bench of surety experts brings a host of knowledge to the RSC team. 

  • The acquisition will substantially improve Mahorsky’s existing operations. RSC has a massive national network, offering ample cross-selling opportunities, as well as resources and expertise that will allow Mahorsky to focus on growth. 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Mahorsky and explored multiple options for the firm.

  • This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.

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