Acrisure Acquires TCE Insurance Services, Inc.

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.

Significance of Transaction

  • 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.  

Sica | Fletcher's Role

  • 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.

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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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