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Sica | Fletcher advises Watts Dawson & Associates, Inc. in its sale to King Risk Partners.

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Overview of Transaction

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  • Originally founded in 1974, Watts Dawson & Associates, Inc. (WDA) is an all-lines, Property & Casualty (P&C)-focused retail agency in the Tampa, Florida area.

  • With a segment mix of approximately 60% personal lines and 40% commercial lines, WDA has provided insurance coverage for individuals and businesses throughout central Florida for over 50 years. Their highly experienced staff have particular expertise in the habitational segment and garages, food manufacturing, and importing.

  • WDA agreed to partner with King Risk Partners, a Top 60 Insurance Brokerage.

 

Significance of Transaction

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  • This acquisition strengthens King’s presence in Florida and allows them to tap into the deep industry expertise and strong client relationships enjoyed by WDA.

  • The acquisition enables WDA to continue providing clients with a complete evaluation of their needs and total insurance solutions with the backing of a partner who is also highly respected in the industry.

 

Sica | Fletcher's Role

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

  • The transaction builds on Sica | Fletcher's track record of success as the #1 advisor in the insurance brokerage space.

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