Springtree Group is pleased to present this excerpt from the November edition of our Insurance Agent Sales Alerts publication, offered exclusively to STG Registered Buyers. Our sources for potential opportunities for you come through our in-house and external research groups, custom built out-bound telemarketing programs, and direct contact by and to sellers. This pipeline is supplemented by our large network of sell-side business brokers, industry consultants, attorneys, and lending underwriters, as well as broken financing deals. STG provides you with the broadest insight available into new insurance agency buying opportunities.

The M&A market conditions remain very active within the insurance distribution sector. Insurance Journal’s recently released Q1 2016 M&A activity statistics revealed that the first quarter of 2016 was the second most active quarter for M&A transactions in the past 10 years. All indications are that these tendencies should continue for the foreseeable future, as aggressive Private Equity backed buyers continue to drive the market. It is also no secret that these trends are in turn also driving up overall agency valuations.

The listings below are a sample of some of the new independents discovered through our research during the last 30 days. Upon request, we will provide Registered Buyers access to previous month’s and off cycle listings.

SHOP A: Arizona – A very solid established independent commercial property and casualty insurance brokerage operation is now for sale. This shop has a focus in worker’s compensation niche. Currently the agency is doing business in 26 states. The agency’s is approaching $10MM WAP and $450K of EBITDA. Asking Price $1.9MM / Reported Revenue $931K.

SHOP F: Lufkin, Texas – An established independent mixed standard and non-standard P&C general lines agency is now for sale. This shop holds appointments in Louisiana and Texas. Seller will consider some paper. Asking Price TBD / Reported Revenue $265K.

SHOP G: San Antonio, Texas – A well-established independent non-standard independent P&C agency is for sale. Superior contracts with major markets including ACCC Insurance and Aggressive among others. Asking Price 2X of commission and 1X of fees / Total Revenue $1MM. Make an offer.

Being associated with STG provides you access to the strongest array of insurance related M&A services, agency lending tools and financial services available to support your acquisition, perpetuation and operational needs in any part of North America. Please call (972) 395-8811 or contact us online for additional information on services and opportunities.