Sica Fletcher

SEPTEMBER 12, 2024

When the time comes to pass the torch along to the next generation or put the company up for sale to an outside buyer, the process of selling a family insurance agency includes several unique aspects that merit their own analysis. Inter-family loans, unpaid salaries, or shared equity structures may complicate future sales.

Insurance 52

Insurance Valuation M&A S&P 52

Sica Fletcher

JUNE 11, 2024

As long as buyers face higher interest rates, sellers should expect a prolonged deal process contending with complex capital structures and equity-based negotiations. If you are an insurance brokerage considering a future sale , the best thing you can do for yourself is speak with an advisor who knows insurance broker M&A.

Broker 52

Broker Insurance Valuation S&P 52

Sica Fletcher

SEPTEMBER 3, 2024

from a revenue-based sale and $9.8M from an EBITDA-based sale. Risks When Selling an Insurance Agency Book of Business Once it’s been valued, marketed, and reviewed, the final steps in selling an insurance agency book of business are the final negotiations and closing. Much rarer in BoB sales. Why Sell Just the Book?

Insurance 52

Insurance Business Valuation M&A 52

Sica Fletcher

OCTOBER 16, 2024

For example, an HNW firm with a dedicated sales team following an established account-based marketing (ABM) campaign is more likely to have a high RIA valuation multiple, despite the inherent client concentration issue in that model. Learn more at SicaFletcher.com.

Valuation 52

Valuation Mergers and Acquisitions M&A Insurance 52

Sica Fletcher

JUNE 14, 2024

if they have an especially high growth potential or future marketing plan that would entice buyers into a more lucrative sale. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Insurance 52

Insurance Valuation M&A S&P 52

Sica Fletcher

MAY 15, 2024

Generally, most insurance agencies sell for between 5-7x EBITDA, as represented in the table below: EBITDA Multiples for Insurance Agencies Agency owners who wish to keep up with the latest developments on EBITDA multiples for insurance agencies would do best to follow M&A advisors specializing in the sale of insurance agencies.

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

MARCH 12, 2024

When you start your insurance agency valuation, be sure to have answers to these questions in mind: Do you want to remain involved in the company after the sale? This has been especially relevant over the last 18 months, with macroeconomic pressures making deals more difficult to negotiate. Do you want the largest possible payout?

Valuation 52

Valuation Insurance M&A Profitability 52

M&A Leadership Council

OCTOBER 22, 2023

Functions that may be outsourced include employee records and pay (HRIS and payroll systems), sales and service (CX software), customer billing (ERP and finance systems), and procurement (supply chain and asset management systems). 2459 (2014). The acquirer will need to decide whether to retain any or all of these vendors.

Mergers 52

Mergers Mergers and Acquisitions M&A Economics 52

Cooley M&A

MAY 5, 2020

2014) (“MFW”) and its progeny applies in a non- MFW scenario (i.e., Between October 5 th and 11 th , the special committee supervised a price negotiation with iSubscribed, which resulted in an increased offer of $3.68 from the outset). M&F Worldwide Corp., 3d 635 (Del. in a transaction without a conflicted controlling shareholder).

Negotiation 40

Negotiation Mergers and Acquisitions Utilities IT 40

Cooley M&A

APRIL 7, 2017

In September 2014, the European Commission approved CAL-101 as a first-line treatment in combination with another drug for patients with chronic lymphocytic leukemia (CLL) who have a genetic abnormality with respect to chemo-immunotherapy (a sub-population of patients with CLL). for a Hematologic Cancer Indication.”

Mergers and Acquisitions 40

Mergers and Acquisitions Negotiation Pharmaceutical IT 40

Cooley M&A

SEPTEMBER 16, 2022

The sale of a publicly traded company in the US will generally require the approval of the holders of a majority of the voting power of the company’s outstanding shares as a precondition to the sale’s completion. [5] Voting agreements in public M&A transactions. The dual-class company’s overall leverage in the transaction.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59