Summit Risk Advisors, previously SEK Holding Company LLC, has completed a $100,000,000 recapitalization and senior debt facility with Colbeck Capital Management to finance the acquisition of nine retail insurance agencies, consolidate ownership and provide a delayed draw facility for future insurance agency acquisitions.
Summit is the parent company of Sawicki Insurance Agency and its affiliates with offices throughout Connecticut, Florida, Georgia, Tennessee, Louisiana and California. The company is a large independent retail insurance agency that offers personal lines, small commercial lines and life and health insurance.
Merger & Acquisition Capital Services LLC served as the sole financial advisor to Summit. Shipman & Goodwin LLP acted as legal advisor to Summit. Schulte, Roth & Zabel acted as legal counsel to Colbeck.
Source: Merger & Acquisition Capital Services LLC
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
What Analysts Are Saying About the 2026 P/C Insurance Market 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
