Sica Fletcher

AUGUST 5, 2024

YTD June 2024 Agency and Broker Buyer Index Shows a Steady Rise for M&As NEW YORK, NY – August 5, 2024 - Sica | Fletcher releases the Q2 2024 Agency & Broker Buyer Index. The firm was founded in 2014 by Michael Fletcher and Al Sica, two of the industry's leading dealmakers who have advised on over $17.5

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Sica Fletcher

FEBRUARY 18, 2020

In 2019, we closed the largest number of transactions ever for our firm, reflecting the increasingly robust M&A market for insurance brokers driven mainly by private equity sponsored brokerages. Sica | Fletcher is excited to keep with momentum going into 2020.

Insurance 52

Insurance M&A Private Equity Advisory 52

The TRADE

MAY 23, 2024

LBX Post-Trade Hub will operate as a single, standalone middle office allocation system, interfacing with a range of front office OMS platforms and clearing brokers. The move builds on top of a longstanding relationship between JonesTrading and LiquidityBook, dating back to 2014.

Trading 59

Trading Broker Architecture Collaboration 59

Sica Fletcher

AUGUST 30, 2023

Q2 Broker Buyer Index Shows a 16% Increase in Deal Volume Over Q1 2023 NEW YORK, NY - August 30, 2023 - Sica | Fletcher releases the Q2 2023 Agency & Broker Buyer Index. The Sica | Fletcher Agency & Broker Buyer Index is the most comprehensive report on insurance brokerage M&A activity in existence.

M&A 52

M&A Insurance Broker Private Equity 52

The TRADE

FEBRUARY 6, 2024

Founded by Jaglan in 2014 focused on OTC solutions, Adroit has since expanded into EMS and achieved profitability in 2016. Adroit’s system integrates with dozens of broker-dealers, data sources, trading venues, and order management systems (OMSs), broker-dealers and data sources. It services the likes of Invesco.

Trading 59

Trading Capital Broker Portfolio Management 59

Sica Fletcher

JUNE 10, 2020

More and more, we see private equity (PE) backed brokers emerging as the dominant buyers in the space. The firm was founded in 2014 by Michael Fletcher and Al Sica, two of the industry’s leading insurance M&A advisors who have closed over $6 billion in insurance agency and brokerage transactions since 2014.

Private Equity 52

Private Equity Insurance M&A Equities 52

Sica Fletcher

DECEMBER 16, 2020

Every year, numerous insurance agency and broker principals attempt to sell their companies by being " Serial Daters". The firm was founded in 2014 by Michael Fletcher and Al Sica, two of the industry’s leading insurance M&A advisors who have closed over $6 billion in insurance agency and brokerage transactions since 2014.

Insurance 52

Insurance Private Equity Advisory Equities 52

The TRADE

JULY 17, 2024

Miller originally joined Citi after serving for two internships in the bank’s markets division in 2013 and 2014. Alongside her appointment, Citi also named a new chief executive of its broker dealer entity Citigroup Global Markets Inc (CGMI), Dina Faenson.

Electronics 52

Electronics Sale Equities Trading 52

The TRADE

JANUARY 17, 2024

After leaving university, she undertook several sell-side internships at RBC, Nomura and Fisher Investments, returning to RBC in 2014 to work on its cash management team for its foreign exchange traders. A portion of my day is always spent working with brokers to continue developing our relationships and the offerings we consume from them.

Trading 111

Trading Portfolio Management Management Broker 111

Sun Acquisitions

MARCH 1, 2024

Established in 1984 and under current ownership since 2014, they have been a cornerstone in the commercial furniture market. With over three decades of industry expertise, they have established themselves as a trusted source for a comprehensive range of furniture offerings tailored to the needs of businesses across various sectors.

Food 59

Food Mergers and Acquisitions Acquisitions Middle Market 59

Sica Fletcher

APRIL 2, 2024

As the points above suggest, the other factor at play here is size: while smaller agencies and brokers saw steady deal volume despite lower valuations caused by rising interest rates, larger insurance companies did see a significant drop in deal volume over the last 18 months. Agency vs. Company: Which Is The Better Insurance M&A Deal?

M&A 52

M&A Insurance S&P Broker 52

Sica Fletcher

SEPTEMBER 25, 2019

Acquiring agencies under the rubric of one broker leads to added growth and operating efficiencies for all the agencies involved. In 2018, we lead the country with 79 transactions completed for insurance agents and brokers, and in 2017, we led the country with 62 closed transactions.

Private Equity 52

Private Equity Equities Insurance Capital 52

Sica Fletcher

MARCH 8, 2024

EBITDA Multiples for Insurance Agencies, 2018-2024 (Projected) M&A Deal Volume for Insurance Agencies, 2018-2024 (Projected) *S&P Global Data taken from ,,, “Insurance Brokers and Servicers Sector View 2024” The most important news this data offers is that insurance M&A is not actually in the tailspin that many “experts” claim it to be.

Insurance 52

Insurance M&A S&P Valuation 52

Sun Acquisitions

NOVEMBER 11, 2024

Facebook’s Acquisition of WhatsApp: In 2014, Facebook acquired WhatsApp, a popular mobile messaging app. The post M&A: A Strategic Tool for Supercharged Growth appeared first on Sun Acquisitions | Chicago Business Broker and M&A Firm.

M&A 59

M&A Mergers and Acquisitions Acquisitions Mergers 59

The TRADE

NOVEMBER 28, 2023

Almost a decade ago, back in 2014, Eurex clearing was a leading innovator when it came to real-time risk management. Clearing brokers are getting ready to support the product and liquidity providers are already engaging in the topic. Today, the attention for the next two years is on harmonising onto one risk management infrastructure.

Risk Management 59

Risk Management Management Funds Trading 59

Sica Fletcher

NOVEMBER 19, 2019

In 2018, we lead the country with 79 transactions completed for insurance agents and brokers, and in 2017, we led the country with 62 closed transactions.

Private Equity 52

Private Equity Equities Insurance Business 52

Sica Fletcher

DECEMBER 12, 2019

In 2018, we led the country with 79 transactions completed for the insurance agents and brokers, and in 2017, we led the country with 62 closed transactions.

Private Equity 52

Private Equity Insurance Equities Management 52

Sica Fletcher

MARCH 10, 2020

The issue with this is that the valuation of insurance brokers is invariably calculated as Pro Forma EBITDA multiplied by the EBITDA multiple. As of today, there are at least 30 private equity sponsored brokers who are actively searching for acquisitions, plus other strategic players.

Private Equity 52

Private Equity Insurance Business Equities 52

Sica Fletcher

AUGUST 6, 2024

Founded in 2014, they have consistently ranked at the top of the S&P Global Data's rankings for investment banks, totaling an average of 100 deals per year. The Top Insurance Agency Investment Banks of 2024 Sica | Fletcher Sica | Fletcher is a boutique investment bank specializing in M&A advisory services.

Investment Banking 52

Investment Banking Insurance Bank Banking 52

The TRADE

OCTOBER 24, 2024

In years gone by, buy-side firms have placed orders via a sell-side broker to be traded on exchange. However, DMA is the process of directly connecting electronically to an exchange in order to trade on exchange securities without using a broker or intermediary.

Trading 120

Trading Investors IT S&P 120

Sica Fletcher

MARCH 28, 2024

AI has been a touchy subject in insurance M&A for years, with some predicting that it will replace brokers entirely. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014. Learn more at , SicaFletcher.com.

M&A 52

M&A Insurance Mergers and Acquisitions Equities 52

Growth Business

AUGUST 22, 2023

The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. Employees make up its largest shareholder group and in March 2022, the group acquired Italy’s largest insurance broker, Assiteca. #8 9 – Lendable Value: £3.5bn reported Founded: 2014 What do they do?

Insurance 52

Insurance Bank Banking Funds 52

The TRADE

AUGUST 14, 2023

As a junior trader, the sell-side also really took me under their wing and passed on huge amounts of invaluable knowledge and expertise and the relationships I formed then are still going strong today. I made the move to London in 2014 to join Nikko Asset Management (Nikko AM), fulfilling a role as senior trader for global markets.

Trading 52

Trading Asset Management Equities Management 52

Sica Fletcher

JULY 1, 2024

scope of operation, broker/brokerage licensing, license transfer) that can also lead to more complicated deal structures when it’s time to sell. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Insurance 52

Insurance M&A Advisory Funds 52

The TRADE

MAY 1, 2024

Papanichola began his career at interdealer broker, GFI, however quickly realised the environment wasn’t the one for him. Set up by industry stalwarts Giuseppe Bivona, and Marco Taricco, Bluebell Capital Partners is a spin out from Bluebell Partners, an investment advisory business set up by the same pair in 2014.

Trading 59

Trading Capital Funds Investment 59

Sica Fletcher

MARCH 26, 2024

The best approach is to work with a professional company that offers these services, which can take any form, from small business brokers to large investment banks, depending on the agency size. Once an agency owner completes their initial preparations, the next step is to complete a full valuation of the agency.

M&A 52

M&A Insurance Valuation Advisory 52

Sica Fletcher

APRIL 16, 2020

Many clients have asked us our views about how the COVID-19 pandemic will affect the insurance brokerage industry broadly and the M&A and strategic market for brokers in particular. that’s exactly what we did from 2009-2014. However, we believe at least part of that answer revolves around “Helicopter Money.”

Insurance 52

Insurance Business IT Economics 52

The TRADE

AUGUST 1, 2023

The bank made a push into the quant space in 2014 and now services a variety of firms ranging from standalone systematic hedge funds, funds that sit within platforms or funds that exist as proprietary broker dealers.

Equities 52

Equities Trading Electronics Sale 52

Sica Fletcher

JUNE 20, 2024

2024 Insurance Broker M&A Market Overview For the first time, M&A acquirers are purchasing insurance brokerages at a loss in favor of possible long-term gains. While there are likely many reasons acquirers would do this, our team has uncovered three of the most likely causes: Inflation Premiums. Learn more at SicaFletcher.com.

M&A 52

M&A Insurance Valuation Equities 52