Overview of Transaction

​

• Founded in 1912, Wharton/Lyon & Lyon T/A The Wharton Group (Wharton) is a third-generation retail insurance agency headquartered in Livingston, New Jersey.

• Wharton provides a full suite of property & casualty (P&C) and life and health (L&H) products, custom risk management solutions, and banking and mortgage insurance consulting.

• With a strong middle-market focus, Wharton has particular technical expertise and experience in the manufacturing, life sciences, technology and pharmaceutical industries.

• Wharton agreed to partner with ALKEME, ranked by Insurance Journal as one of the top 40 largest agencies in the United States.

​

Significance of Transaction

​

• The acquisition will allow ALKEME to expand its service offerings, bolstering ALKEME’s insurance and consulting capabilities with a well-respected partner with over 100 years serving customers and an exceptional team of long-tenured employees.

• The acquisition provides Wharton with employee benefits cross sell opportunities to ALKEME’s network of agency partners as well as the resources and expertise that will allow Wharton to focus on growth.

​

Sica | Fletcher's Role

​

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

• This transaction highlights the strength of Sica | Fletcher’s relationships with leading agencies and top-tier investors.