Overview of Transaction

​​

• Founded in 2008, Strategic Benefit Solutions is a retail employee benefits insurance agency located in Burlington, Massachusetts, about 17 miles northwest of Boston.

• Strategic Benefit Solutions provides health care plan design and advice to employers on all facets of employee benefits. The Company’s sole focus is on employee benefit plans and managing healthcare risk through a consultative and proactive approach.

• Strategic Benefit Solutions agreed to partner with Risk Strategies (RSC), a top 20 National Insurance Broker headquartered in Boston, MA.

​

Significance of Transaction​

​

• The transaction provides RSC with an agency partner with strong expertise and robust client relationships in the Northeast. The acquisition will further expand RSC’s reach within the region and will bolster the Company’s growing benefits practice. 

• The acquisition will provide the Strategic Benefits Solutions team with comprehensive support and resources that will enhance the Company’s existing operations and fuel growth. 

​

Sica | Fletcher's Role

​

• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Strategic Benefit Solutions and explored multiple options for the firm.

• This transaction highlights Sica | Fletcher's extensive relationships with best-in-class investors in the insurance sector.