Acrisure Acquires Shewchuck Insurance Agency

Sica | Fletcher guides Midwest-based Shewchuck Insurance Agency in its sale to Acrisure.

Overview of Transaction

  • Shewchuck Insurance Agency (“Shewchuck”) is an all lines retail agency located in Glenview, Illinois.

  • The Company offers a full suite of business, personal and employee benefits insurance serving over 1,000 customers.

  • Shewchuck agreed to be acquired by Acrisure, a top 10 National Insurance Broker.

 

Significance of Transaction

  • The Shewchuck acquisition strengthens Acrisure's presence in their home Midwest market.

  • Acrisure’s broad retail base will provide Shewchuck with significant growth opportunities immediately.

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Shewchuck Insurance Agency and explored multiple options for the firm.

  • This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with Acrisure on numerous deals.

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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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