Welcome to a special edition of your Insurance Agent and Broker Sales Alerts. Periodically, we provide notice of opportunities off cycle. This agency may be listed in the July Sales Alerts publication sent to Registered Buyers.
The information on this deal is highly confidential.
The seller owns a significant mixed practice independent shop with 70% P&C and 30% health/employee benefits. The shop is located in the central U.S. The annualized commission is $6.5MM. The EBITDA is reported to be $2MM, not including the owner’s compensation. The requested sales price is in the $15MM range.
We are advised that the seller is interested in a quick sale. If you are interested, let us know, and we will provide additional details and set up an introductory call with the seller and his broker.
Being associated with STG provides you access to the strongest array of M&A and financial tools and services available to support your insurance agency acquisition, perpetuation and operational needs in any part of North America. Please call (972) 395-8811 for additional information on services and opportunities.