The Hilb Group Acquires Rampart Brokerage Corp. & Subsidiaries

Sica | Fletcher advises Rampart Brokerage Corp. & Subsidiaries in its sale to The Hilb Group.

Overview of Transaction

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  • Headquartered in Lake Success, NY, with nearly 200 employees and a 55-year history of serving clients in the New York Tri-State area and across the United States, Rampart Brokerage Corp. & Subsidiaries (Rampart) is a leading broker for upper middle-market commercial lines, high net worth personal lines, individual life, and group benefits.

  • Rampart ranked 60th in Business Insurance’s Top 100 U.S. Brokers of 2019. 

  • Rampart agreed to partner with The Hilb Group (Hilb), one of the fastest-growing top 100 Independent Property/Casualty Agencies.

 

Significance of Transaction

  • The acquisition of Rampart marks Hilb’s 100th acquisition and its largest acquisition to date.

  • The transaction represents significant strategic expansion by the Hilb Group, adding nearly 200 insurance professionals to Hilb’s already substantial geographic footprint. 

  • The acquisition of Rampart will allow Hilb to increase market penetration in the New York Tri-State area and provide the opportunity for Hilb to enhance its offerings. 

 

Sica | Fletcher's Role

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

  • The Rampart transaction builds on Sica | Fletcher's track record of success with large, complex clients and further elucidates Sica | Fletcher's strong relationship with top-tier investors.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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