Overview of Transaction

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• Established in 1998, Millennium Alliance Group, LLC (MAG) is a retail insurance agency headquartered in Melville, New York. With a focus on commercial lines products, MAG is one of the leading construction specialists in the New York metro area, and also boasts a significant block of food manufacturing business.

• MAG agreed to partner with High Street Insurance Partners (HSIP), a top 100 National Insurance Broker headquartered in Traverse City, Michigan.

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Significance of Transaction

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• The MAG acquisition expands High Street’s presence on the East Coast and further positions both companies for growth.

 

Sica | Fletcher's Role

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• Millennium Alliance Group engaged Sica | Fletcher to serve as its exclusive strategic and financial advisor.

• Sica | Fletcher explored several strategic options for MAG, ultimately culminating in a partnership with HSIP.