Welcome to this special edition of the STG Independent Agent and Broker Sales Alerts, featuring Texas insurance agencies for sale. Periodically we will send out a notice on opportunities off cycle. This year we have had particular interest in the Texas market place. A number of agencies have already sold or are in contract in Texas this year. Our partners have asked that we advise you of the following three shops which recently came back on the market. These shops are highlighted because the owners would like to see a deal happen prior to year end, which would generally mean a cash deal at this time of the year.
Additionally, we have access to three larger deals in South Texas,mid-sized deals in San Antonio and El Paso and are working on two smaller books buys in the Houston Metropolitan area. This brings the total number of Texas independent shops to ten.
TEXAS – Austin INSURANCE AGENCY – P&C – Texas
This independent insurance agency has provided insurance solutions for companies throughout the United States since 1989 and offers A.M. Best “A” rated insurance companies. The agency has built and markets a number of specialty programs. Sale Price: $750K. Please contact Springtree Group for annual revenue figures and additional details.
TEXAS – Louisville INSURANCE AGENCY – P&C – Texas
This is a mixed practice 40 year year old independent insurance agency available for sale due to retirement. Top 5 Carriers are Encompass, Progressive, Travelers, BCBS and Kemper. Sale Price: $420K. Please contact Springtree Group for annual revenue figures and additional details.
TEXAS – Irving and Wichita Falls INSURANCE AGENCY – P&C – Texas
A non-standard independent insurance agency with a high level of auto, mixed with small commercial and homeowners insurance.· Two books of business in two separate offices. Will be sold as a package. Sale Price: $750K. Please contact Springtree Group for annual revenue figures and additional details.
Being associated with STG provides you access to the strongest array of M&A, lending tools and financial services available to support your acquisition, perpetuation and operational needs in any part of North America. Please call us at 972-395-8811 for additional information on services and opportunities.