Dear Friends and Clients of Springtree Group, We recognize the strain and disruption many of you are facing due to COVID-19 and the stock market conditions that have resulted from the virus, and we know you hope along with us…
Springtree Group’s leadership has 50 years of experience in private insurance M&A, ensuring that our clients experience the best professional guidance possible as they navigate selling their private insurance agency. Today, we’re sharing our Top Five Tips for a successful…
In 2019, the insurance mergers & acquisitions industry maintained the healthy trajectory it has been on for the past several years. After scrutinizing contributing market factors, STG’s analysts (along with experts across the industry) have concluded that the positive insurance…
As we enter 2020 and a whole new decade, we are reflecting on the factors that have affected insurance agency sellers in 2019. In our role as an M&A firm specializing in the independent insurance agency space, Springtree Group recommends…
There’s no denying that the insurance market is hot; insurance agency acquisition events are breaking records and 2020 looks like it will continue this upward trend. If you’re looking toward retirement, or otherwise considering exiting the insurance space, the current…
Buyer’s remorse is something we all want to avoid. When you’re investing hundreds of thousands or millions into a high-level opportunity like an independent insurance agency, the stakes are even higher. Today we’re sharing tried-and-true tips on how to avoid…
When it comes to insurance agency sales, owners naturally want to secure a top bid. Therefore, focusing on agency profitability is key. Two comparable agencies with similar contracts/carriers can sell for wildly different prices based on their profitability. Increasing sales…
When selling any business, timing is key. To maximize your potential profit, selling your agency in a strong market is always ideal. Predicting recessions is tricky, but here are some facts: The US has seen 12 recessions from 1945 to…
The private insurance market has a blind spot. Owners and agents are aging, but fewer than half have a perpetuation plan in place. The following 5 Keys to Successful Perpetuation Planning will help you create a plan that will facilitate…
Most small business owners consider selling their ventures at least twice in their first decade of operation, and challenging fields like insurance are no exception to the rule. If you’re trying to determine whether this is the right time to…