The M&A market for insurance agencies continues to push upward with the strengthening of multiples and strong activity. The seller’s market for independent agencies is still prevalent and we have also noted a firming trend in the market for Captive shops in the last six months. Private Equity continues to be a strong driver of the strength, with nearly 80% of the larger reported transactions coming from PE-backed firms.
The listings below are some of the independents discovered through our research or provided to us during the last 30 days. Upon request we will provide our clients access to previous month’s and off cycle listings.