Sica | Fletcher advises Newman Lore Associates, LLC d/b/a United Enroll in its sale to Highstreet Insurance Partners, Inc.

Overview of Transaction

• Newman Lore Associates, LLC d/b/a United Enroll (United Enroll) is a fast-growing voluntary benefits enrollment firm and core employee benefits broker located in Medford, New Jersey.

• One of the region's premier benefits enrollment firms, United Enroll partners with employers and benefit consultants to deliver a consultative, high-touch enrollment experience that maximizes employee participation, with a niche in the nursing home industry.

• United Enroll decided to partner with Highstreet, one of the fastest-growing insurance agencies in the U.S., with more than 350 offices nationwide.

 

Significance of Transaction

• Through this acquisition, Highstreet adds a highly specialized voluntary benefits platform with deep carrier relationships and an efficient enrollment model, strengthening its employee benefits capabilities in the Northeast.

• United Enroll will leverage Highstreet's national resources and network to accelerate the growth of its core employee benefits book while continuing to deliver the hands-on service that supports its long-standing client relationships.

 

Sica | Fletcher's Role

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

• This transaction reflects Sica | Fletcher's expertise in the employee benefits space and its trusted relationships with the industry's leading acquirers.