Sica | Fletcher advises Meyer & Rosenbaum, Inc. in its sale to Hub International Midwest Limited.

Overview of Transaction
-
Meyer & Rosenbaum, Inc. (M&R), located in Meridian, Mississippi, is a commercial lines-focused generalist agency with a history dating back to 1932.
-
M&R is a generalist, with some specialty in government, municipalities, contractors and related trades, wholesalers and medical practices. E. Bruce Martin, the agency Principal, began his career with the company right out of college, became a partner in 1985, and has been the sole owner since 2005.
-
M&R is the largest independent agency in East Mississippi and West Alabama and has a reputation for providing personalized service and expert guidance. The company offers all lines of insurance and has a customer base of approximately 1,300 businesses and individuals, including some clients who have been with M&R for 30 years or more.
-
M&R decided to partner with HUB, a long-standing global leader in insurance and financial services headquartered in Chicago, Illinois.
Significance of Transaction
-
The acquisition of M&R provides HUB with an exceptional partner known throughout the state and the region, with robust expertise, a sticky book of business, and significant ties to the local community.
-
The resources provided by HUB will accelerate M&R’s growth trajectory and allow the Company to target larger opportunities.
Sica | Fletcher's Role
-
Sica | Fletcher was hired to serve as strategic and financial advisor to M&R.
-
The transaction underscores Sica | Fletcher's track record of success in deal execution, as well as its relationships with key acquirers in the space.