High Street Insurance Partners Acquires Perry & Carroll, Inc.

Sica | Fletcher advises Perry & Carroll, Inc. in its sale to High Street Insurance.

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Overview of Transaction

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  • Founded by Charles Perry in 1860 as the Perry Agency, P&C is one of the largest
    independent insurance agencies serving New York State’s Southern Tier and
    Pennsylvania’s Northern Tier.

  • An all-lines generalist, P&C also offers expertise in specific industries such as
    contractors, municipalities, financial institutions, education, manufacturing, and non-
    profit organizations.

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

 

Significance of Transaction

  • The acquisition of P&C provides HSIP with a strong, well-diversified book of business,
    a deep bench of well-versed experts, and expands HSIP’s geographic footprint within
    the Northeast.

 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as an exclusive strategic and financial advisor to P&C
    and explored multiple options for the firm before partnering with High Street.

  • This transaction underscores Sica | Fletcher’s unparalleled relationships with private
    equity firms and the brokerages they support.

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