Welcome to the July edition of the STG Insurance Agent and Broker Sales Alerts. National insurance M&A activity so far this year has been robust. A number of the national insurance brokerage houses reported the closing of significant deals in the last 30 days.

Access to sellers can be difficult, because open exposure of the desire to sell can be a concern for sellers due to the impact that information could have on insurance carriers (markets), employees, clients and the competition. Most consulting firms report that only 10% of all deals are publicly known. Our biggest source for potential opportunities for you come through our ever growing group of more than 5,000 sell-side intermediaries, broken financing deals, telemarketing and our Web research activities. This pipeline is supplemented by our network of consultants, attorneys, CPAs, bankers, DOIs, VC and PEGs. STG provides you with the broadest insight available into new buying opportunities in the insurance space.

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

SHOP B: South Florida — An established 16-year-old diversified multi-line independent 100% commercial lines general P&C insurance agency for sale. Products supported include commercial property, GL, professional liability, workers compensation, excess liability, garage liability, and business auto. This shop is relocatable. The direct appointments include more than 15 “A” rated carriers. Asking Price $525K / Reported Revenue $224K / Reported Net $94K.

SHOP E: San Antonio, Texas — A well-established four-year-old, 11 location, non-standard independent P&C insurance agency for sale. This is primarily an auto insurance shop. Don’t miss this opportunity to own an established agency in the heart of San Antonio! Markets include: ACCC Gen Agency, American Access, United Auto, Aggressive, Hallmark, Texas All Risk, Newport and American SW. Asking Price $1.6MM / Reported Revenue $881K.

SHOP H: New Jersey — A very well established independent property and casualty insurance agency is now for sale. The top insurance markets include PSI, AAA, Progressive, Travelers and others. Asking Price $725K / Reported Revenue $500K.

SHOP I: Southern California — A seven-year-old independent commercial property and casualty agency is now for sale. The insurance markets include direct appointments with “A” listed carriers including Travelers, Builders & Tradesmen’s and MGA’s. Asking Price $475K / Reported Revenue $300K.

Additional opportunities exist this month in Arkansas, Virginia, Houston, Texas, and throughout Florida, New Jersey and California. STG is the U.S. leader in providing insurance entrepreneurs the strongest array of M&A services and agency lending tools. Our full service platform of financial services are available to support acquisition, perpetuation and operational needs across North America. Please call (972) 395-8811 or contact us online for additional information on services and opportunities.