The Mergers & Acquisitions activity within the insurance sector is hopping! In fact, there is so much activity for our buyers to be able to take advantage of that we have been putting out two Listing Alerts per month of late. With so many M&A transactions, as your insurance industry intermediary, Springtree Group is offering a special reduction in our fees for this listing.
The details: Save 30% on our regular M&A fees and pay a mere 5% M&A fee FOR THE FOLLOWING LISTING ONLY:
California: This 25-year-old virtual and movable book of business is now available for sale. Made up of 90% personal lines and 10% commercial lines, in total they have 1700 clients. All of the personal lines are direct bill. The commercial book specializes in contractors with all commercial clients paying their premium up front. The personal lines revenue is all commission, with no fees being charged. Markets include: National General Premier, First American HO Policies, Kemper and more.
2020 Reported Revenue: $175K / Requested Sale Price: $400K / Tracking Code MCAGP
Because we didn’t want you to miss out on this opportunity, we decided it was prudent to publish an Off-Cycle Listing Alert. Please move quickly if you are interested because this deal won’t be around for long, and we feel confident that this agency will sell fast.
In our experience, buyers report great difficulty and frustration when it comes to finding healthy, successful agencies that are available for purchase. Those buyers who team up with Springtree Group have unequaled access to up-to-date listings that are otherwise not advertised as for sale for a variety of reasons. We always have the most up-to-date information about agencies that are:
- Privately listed due to confidentiality issues
- About to be listed
- Have literally JUST hit the market
Being associated with STG also provides you with access to the strongest array of M&A and financial tools and services available to support your acquisition, perpetuation and operational needs in any part of North America, South America, Europe and the Bahamas. Please email us at email@example.com or visit our website for additional information on services and opportunities.