Sica | Fletcher advises Yarbrough Insurance Group, LLC in its sale to Highstreet Insurance Partners.

Overview of Transaction

• Yarbrough Insurance Group, LLC (Yarbrough) is a generalist retail agency located in Almont, Michigan.

• Founded in 2014 Yarbrough is growth-focused and profitable, with a a well-diversified book of business, including high-net-worth clients within the local business community.

• Yarbrough decided to partner with High Street Insurance Partners (HSIP), one of the fastest growing insurance agencies in North America and a Top 100 National Insurance Broker headquartered in Traverse City, Michigan.

 

Significance of Transaction

• Through this partnership, HSIP gains a well-known and respected agency partner, with substantial brand equity in its market, and young, energetic agency principals with a long runway for growth.

• Yarbrough repositions itself with cross-sell opportunities with other HSIP partners and a plethora of support and marketing resources from Highstreet itself.

 

Sica | Fletcher's Role

• Sica | Fletcher served as the exclusive strategic and financial advisor to Yarbrough for this transaction.

• The transaction highlights Sica | Fletcher's unparalleled relationships with the most prolific acquirers in the space.