June 12, 2024

Stonybrook Capital Advises ICC Holdings, Inc. on its Sale to Mutual Capital Group for $23.50 Per Share in a $73.8 Million Transaction

For Immediate Release
June 12, 2024

WYALUSING, Pa. & ROCK ISLAND, Ill.–Mutual Capital Group, Inc. (“MCG”), parent company of Mutual Capital Holdings, Inc. (“MCH”) and ICC Holdings, Inc. (NASDAQ: ICCH) (“ICCH”), parent company of Illinois Casualty Company, jointly announced that they have entered into a definitive merger agreement under which MCG will acquire all outstanding ICCH shares for $23.50 in cash. 

Read More Here: Mutual Capital Group to Acquire ICC Holdings, Inc. for $23.50 Per Share in $73.8 Million Transaction (yahoo.com)

About Stonybrook Capital & Risk Management

Stonybrook Capital is a global investment banking and reinsurance broking firm, headquartered in New York City, that focuses exclusively on the insurance and reinsurance industry. Founded in 2012 and was ranked #2 behind Goldman Sachs in the S&P advisory league tables for 2022.  

Corporate contact:

Kendel Bell
[email protected]
Securities transactions are executed through Weild & Co., member FINRA | SIPC