Overview of Transaction

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• TCE Insurance Services Inc. is an independent insurance agency based in Staten Island, NY and Hauppauge, NY.

• TCE specializes in commercial insurance, construction insurance, environmental insurance, private sanitation and recycling insurance liability, local and long haul truckers liability and claim review.

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

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Significance of Transaction

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• The TCE Insurance Services acquisition expands Acrisure's presence in the Northeast as well as their presence in the Construction and Environmental insurance spaces.

• Acrisure's broad retail base will provide TCE with significant growth opportunities immediately.  

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Sica | Fletcher's Role

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

• TCE engaged Sica | Fletcher to explore multiple strategic options for the firm.

• This transaction further highlights our strong relationships with top-tier investors, having previously worked with Acrisure on numerous deals.