Sica | Fletcher advises Merritt Hall Enterprises, Inc. in its sale to ALKEME Intermediary Holdings, LLC.

Overview of Transaction

• Merritt Hall Enterprises, Inc. (Merritt Hall) is a retail, commercial-lines focused insurance and risk management specialist located in Indianapolis, Indiana.

• The Company is an originator of hybrid corn seed crop insurance and has an excellent reputation as a leader in farm insurance and crop & hail, along with serving other specialty industries such as franchise fast foods and wastewater.

• Merritt Hall decided to join ALKEME as a growth partner. Founded in 2020, ALKEME is ranked as one of the top insurance brokers in the United States, with over 80 locations and over 1,200 employees.

 

Significance of Transaction

• Through this acquisition, ALKEME continues to enhance its footprint on the East Coast while providing access to broader insurance and risk management resources for clients across the country.

• Merritt Hall will benefit from ALKEME’s robust resources, expanding their insurance offerings while continuing to provide the personalized service and trusted relationships that have been the foundation of their business.

 

Sica | Fletcher's Role

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

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