High Street Acquires Southeastern Agency Group
Sica | Fletcher advises Southeastern Agency Group, Inc. (“SAG”) in its sale to
High Street Insurance Partners (“High Street”).

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Overview of Transaction

  • Initially founded as the Merrimon Insurance Agency in 1902, SAG is a full-service retail insurance agency headquartered in Greensboro, NC.

  • SAG has expertise providing coverages for over one hundred specific industries. The Company has established a number of specialty programs which offer coverages for a wide variety of risk classes.

  • SAG 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 SAG provides High Street with an exceptionally robust full-service platform that has an extensive history, exceptional reputation, and substantial local brand equity.

  • The acquisition will allow SAG team to hit the ground running and further expand its local platform. High Street’s resources and expertise will also allow for immediate, rapid expansion.

Sica | Fletcher's Role 

  • Sica | Fletcher served as exclusive strategic and financial advisor to SAG.

  • This transaction highlights the strength of Sica | Fletcher’s relationships with its clients and with top-tier investors.

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