Insurance Agencies for Sale – SAMPLE LIST – May 2021

The May edition of Springtree Group’s Sales Alerts publication is live! We are excited by the activity across the US as it continues to increase when compared to insurance M&A averages from the past five years. Even more exciting is the evidence that any negative impacts caused by the pandemic have begun to ease.

Recently, strategic buyers have wisely been using this time to search aggressively for independent insurance agencies to add to their portfolio. Because the acquisition market is so ultra-competitive right now, successful buyers are those who demonstrate the right combination of effective strategy and the ability to act quickly.

When working with Springtree Group, this process is a multi-level, joint endeavor that immediately becomes more successful. The local market intelligence of our buyers combined with STG’s principled national approach and tools (including seller broker administration, internal and external research functions, and other proprietary tools) mean that we are able to reach a huge percentage of the market  that is hidden from the public for confidentiality reasons.

The listings below are JUST A SAMPLE of today’s open inventory of independents discovered through our research programs during the last 30 days.

SHOP A: Mississippi: A full-service independent two location Property and Casualty agency is now available for sale. This agency currently has 8 employees (7 are 1099s). 40% commercial lines. The agency holds direct appointments with Safeco, Travelers, Progressive, Foremost, CAN, Safeco, MetLife and more! Also, the shop has a relationship with Iroquois and Burns & Wilcox for E&S covers.
Reported Revenue $500K / Asking Price 2.25X / Tracking Code: DMSWM

SHOP D: Texas: A 50-year-old Independent P&C Agency located outside of Austin is now for sale. This agency has a focus on personal lines, home, and auto business with two long-term licensed and bilingual employees that want to stay. Primary carriers include Progressive, Hochheim Prairie, Allstate (Independent), Germania, Safeco, Travelers and more!
Reported Revenue: $201K / Asking Price: 2.25X / Tracking Code STXGG

SHOP F: Florida: A full-service independent Property and Casualty agency located in south Florida is now for sale. The agency currently has 3 full time employees plus two owners, and holds direct appointments with Federated, Foremost (Bristol West), Granada, Infinity (Kemper), Mercury, National General and many more.
Reported Revenue: $488K / Asking Price: $1.4MM / Tracking Code: SFLAM

For buyers in need of financing, we highly recommend utilizing Springtree Group’s lenders. We will integrate your M&A project in with your financing in order for a smooth transaction. Botched financing is the number one reason deals fail, which is precisely why we took the time to develop a robust financing network for our buyers.

By working with STG you will have access to the strongest array of M&A and financial tools and services available in today’s market. As your insurance M&A intermediary, we can fully support your acquisition, perpetuation, and operational needs in any part of North America. Additionally, we work with insurance agency buyers and sellers in South America, Europe, Africa, and the Bahamas. Please email for more information on the agencies listed in today’s alert, or for access to our complete list of agencies for sale.