Sica | Fletcher advises Velocity Public Adjusting, LLC in its sale to Gavnat Public Insurance Adjusters.

Overview of Transaction

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• Velocity Public Adjusting LLC (VPA) is a national public adjusting firm with specialized, contractor‑oriented capabilities, and physical offices in Kentucky and Arizona.

• Established in 2018, VPA oversees claims throughout the United States. Founder and seasoned industry professional Jack Hanks will continue with VPA in a senior leadership capacity to support ongoing growth and strategic expansion.

• VPA chose to partner with Gavnat as its growth platform. With GCP Capital’s backing in 2024, Gavnat is well‑positioned to enhance its capabilities, expand geographically, and deploy capital to support continued strategic acquisitions.

 

Significance of Transaction

• With this addition, Gavnat continues to strengthen its national presence, expanding its ability to deliver industry‑leading advocacy, deeper technical resources, and proven claim‑handling methodologies to policyholders across the country.

• VPA will leverage Gavnat’s national scale and expanded bench of engineers, specialists, and support resources while continuing to provide the contractor‑built, experience‑driven service that has defined its reputation in the public adjusting space.

 

Sica | Fletcher's Role

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

• The transaction affirms Sica | Fletcher’s established reputation and its access to key strategic and financial buyers driving consolidation in the industry.