EPIC Insurance Brokers & Consultants Acquire Pegasus Group, Inc.
Sica | Fletcher advises Pegasus Group, Inc. in its sale to EPIC Insurance Brokers & Consultants.
Overview of Transaction
Pegasus provides comprehensive captive insurance company services and risk management services with its main office located in Riverton, Utah.
The company specializes in structuring, forming, and managing captive insurance companies for middle market companies.
EPIC is a retail risk management and employee benefits insurance brokerage and consulting firm founded in San Francisco, California in 2007 with offices and leadership across the country.
Significance of Transaction
The acquisition of Pegasus provides the opportunity for EPIC to penetrate the niche captive insurance management market.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Pegasus and explored multiple options for the firm before partnering with Epic.
The Pegasus transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.