Tag Archives: Texas

Texas Insurance Agencies for Sale – November 2013

Welcome to this special edition of the STG Independent Agent and Broker Sales Alerts, featuring Texas insurance agencies for sale. Periodically we will send out a notice on opportunities off cycle. This year we have had particular interest in the Texas market place. A number of agencies have already sold or are in contract in Texas this year. Our partners have asked that we advise you of the following three shops which recently came back on the market. These shops are highlighted because the owners would like to see a deal happen prior to year end, which would generally mean a cash deal at this time of the year.
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Springtree Group and Bank of America – Practice Solutions Announce Details of New Formal Strategic Business Partnership

Springtree Group (STG) this week announced a new formal strategic partnership with Bank of America – Practice Solutions (BoA). The new BoA / STG Strategic Partnership agreement calls for the two companies to pool resources and intellectual property to speed the delivery of custom loan products to increase the productivity and profitability of Insurance Agents and Brokers. To remain competitive, Brokers, Agents, Wholesalers, MGAs and Carriers must stay vigilant for opportunities to enhance their company’s performance and balance sheets.


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Independent Agencies Sales Alerts – February 2013 Edition

Welcome to the February 2013 edition of the Insurance Agent and Broker Sales Alerts. Typical for this early point in the annual business cycle we are seeing a rebuilding of activity. The Q4 turmoil created by the anticipated capital gains tax changes has died down and fresh seller leads are beginning to return to the market.

Please remember that access to sellers can be difficult because open exposure of the desire to sell can be a concern for sellers, due to the impact this information could have on insurance carriers (markets), employees, clients and the competition. As evidence and as reported by our strategic partners Marsh Berry, only 10% of all deals in the $1M range are publicly known.
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Springtree Group Represents Independent Insurance Group Benefits in Merger with Marsh & McLennan Agency

Springtree Group (STG), a Mergers and Acquisition consulting and financial support firm, announced its successful representation of Independent Insurance Group Benefits of Dallas in its merger with Marsh & McLennan Agency. Independent Insurance Group Benefits is an insurance brokerage firm specializing in group employee benefits. Marsh & McLennan Agency is a leading North American brokerage firm. The Independent Insurance Group Benefits operation led by Joe Wiseman will remain in Dallas and will become part of Marsh’s Dallas hub, Prescott Pailet. For full details, please call Springtree Group at (972) 395-8811 or contact us online


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US Insurance Source and STG Announces the Acquisition of two Houston insurance agencies: Alden Enterprises and Budget Insurance

There is no slowdown for this Houston based company. Springtree Group, a leading M&A and financial advisor for the Insurance community, is pleased to announce the purchase of Houston based Alden Enterprises and Budget Insurance by its client, US Insurance Source. The transactions closed in the 4th quarter of 2012 and were led by Christine Walton, Director of US Insurance Source and Springtree CEO, Sam Patterson. For full details, please call Springtree Group at (972) 395-8811 or contact us online


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The Springtree Group Announces the Merger of Ladd Gardner Aviation Insurance and Cannon Aviation Insurance.

DALLAS, TX and SCOTTSDALE, AZ — December 10, 2012 – Springtree Group (STG), a leader in providing the full spectrum of M&A and financial services to Insurance Agents and Brokers is pleased to announce the merger of Scottsdale based Cannon Aviation Insurance by its client, Ladd Gardner Aviation Insurance. The combined company is headquartered in Addison, Texas. This transaction closed on December 7th, 2012 and was led by Ladd Gardner, President of LGA, Bob Cannon, Chairman of Cannon Aviation Insurance, Kathleen Cannon, CFO of Cannon Aviation Insurance, Angie Harris, President of Cannon Aviation Insurance and STG CEO, Sam Patterson. For full details, please call Springtree Group at (972) 395-8811 or contact us online


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Springtree Group (STG) and Ash Technical Services (ATS) Announce the Details of Their New Strategic Business Partnership

Dallas, TX and Fort Wayne, IN (PRWEB) December 16, 2012

The current economic upheaval has been especially hard on the insurance and financial industries. To remain competitive insurance Agents and Brokers must become even more productive by uncovering hidden revenue opportunities, especially within their current books of business. The new STG/ATS partnership combines existing skills to form a Best-of-Breed service provider. The agreement calls for the two companies to pool resources and intellectual property to speed the development and adoption of products and services that increase the productivity and profitability of Insurance Agents and Brokers. For full details, please call Springtree Group at (972) 395-8811 or contact us online.


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August Listing of Independent Insurance Agencies and Brokerages for Sale

Springtree Group works diligently to provide our clients with confidential listings of independent brokerages and insurance agencies for sale. Below are sample listings from the most recent month’s report. Continuing this month is the slow activity in the State of Florida. Sell side brokers tell us that due to Florida’s DOI approval of a 40% to 65% property rate increase, many sellers are waiting for their revenue to increase before going on the market.

Buyers often find it difficult to find qualified opportunities, since sellers may be hesitant to promote their listing due to the potentially negative impact on markets, employees and clients. We communicate regularly with our network of more than 4,700 business intermediaries to provide seller leads. The group below is only a small sample of the complete list. For more information, please call Springtree Group at 972.395.8811.


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May Insurance Agent and Broker Buying Opportunities

Every month, Springtree Group (STG) provides confidential listings to our clients of insurance agencies and brokerages offered for sale. Having access to sellers can be difficult because open exposure of the desire to sell can be a concern for sellers, given the negative impact this information could have on markets, employees and clients. Through our network of more than 4,600 business intermediaries, as well as consultants, attorneys, CPAs, bankers, DOIs, VC and private equity firms, we are able to provide our clients with valuable insight into new buying opportunities in the insurance space.

The following are two example listings from the May edition of Insurance Agent and Broker buying opportunities.
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March Buying Opportunities

Each month, we provide highly confidential listings of insurance agency and broker buying opportunities to our subscription clients. We communicate regularly with our network of more than 3,100 business intermediaries as well our network of consultants, attorneys, CPAs, bankers, DOIs and private equity firms, to provide valuable insight into selected new opportunities.
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