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Sica | Fletcher advises The Nowell Agency, Inc. (Nowell) in its sale to The Hilb Group (Hilb)

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Overview of Transaction


  • Founded in 1984 by Mike Nowell, The Nowell Agency, Inc. (Nowell) is a full-service retail insurance agency. Nowell provides a wide range of business insurance, personal insurance, and risk management products to individuals and companies across the United States.

  • With eight locations in Mississippi, Nowell is uniquely positioned, both geographically and through expertise, to serve a broad base of clients.

  • Nowell has joined forces with The Hilb Group, one of the fastest-growing top 100 Independent Property/Casualty Agencies.

Significance of Transaction

  • With eight office locations throughout Mississippi, the acquisition of Nowell will allow Hilb to substantially increase its geographic footprint in the South.

  • The acquisition will allow the Nowell team to reach new heights. Hilb’s best-in-class experts and national partner network will provide robust support and offer countless cross-selling opportunities for the Nowell team.

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Nowell and explored multiple options for the firm before partnering with Hilb.

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

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