Sica Fletcher

JUNE 10, 2020

More and more, we see private equity (PE) backed brokers emerging as the dominant buyers in the space. We are also the leading advisor to the private equity firms that are most interested in investing in insurance brokerages and in the private equity sponsored agencies that have been created in recent years.

Private Equity 52

Private Equity Insurance M&A Equities 52

Sica Fletcher

FEBRUARY 18, 2020

In 2019, we closed the largest number of transactions ever for our firm, reflecting the increasingly robust M&A market for insurance brokers driven mainly by private equity sponsored brokerages. About Sica | Fletcher Among the brokerage community, Sica | Fletcher is well known as the leading strategic advisory firm in the U.S.

Insurance 52

Insurance M&A Private Equity Advisory 52

Sica Fletcher

DECEMBER 16, 2020

We are also the leading advisor to the private equity firms that are most interested in investing in insurance brokerages and in the private equity sponsored agencies that have been created in recent years. that specializes in the insurance brokerage space and related industries that compliment it.

Insurance 52

Insurance Private Equity Advisory Equities 52

Sica Fletcher

MAY 13, 2024

Private Equity-backed buyers retain their stronghold on M&A activity with 87% of Q1 2024 Index transactions, even as the interest rate environment and strategic acquisitions continue to slow down a handful of platforms. billion in insurance agency and brokerage transactions since 2014. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Broker Mergers and Acquisitions 52

Sica Fletcher

AUGUST 5, 2024

Private Equity-backed buyers maintain a dominant position in M&A activity, accounting for 87% of YTD June 2024 Index transactions. The firm was founded in 2014 by Michael Fletcher and Al Sica, two of the industry's leading dealmakers who have advised on over $17.5

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Sica Fletcher

AUGUST 5, 2024

Private Equity-backed buyers maintain a dominant position in M&A activity, accounting for 87% of YTD June 2024 Index transactions. The firm was founded in 2014 by Michael Fletcher and Al Sica, two of the industry's leading dealmakers who have advised on over $17.5

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Shearman & Sterling

JULY 31, 2018

2014) ("MFW"), the business judgment rule standard of review applied. The Court dismissed plaintiffs' claims, concluding that, because Earthstone structured the transaction in the manner prescribed by Kahn v. M&F Worldwide, 88 A.3d 3d 635 (Del.

Stock 52

Stock Private Equity M&A Business 52

Shearman & Sterling

APRIL 16, 2019

. ("EnCap"), a private equity firm with majority stakes in both Bold and Oak Valley, at the expense of Earthstone and its minority stockholders. 2014) ("MFW"), and the business judgment rule applied. M&F Worldwide, 88 A.2d 2d 635 (Del.

Negotiation 52

Negotiation Economics Private Equity M&A 52

Sica Fletcher

FEBRUARY 6, 2024

Private Equity-backed firms have dominated the space consistently for several years in terms of the number of transactions and represent over 89% of SF Index transactions during 2023. . ### About Sica | Fletcher: Sica | Fletcher is a strategic and financial advisory firm focused exclusively on the insurance industry.

Broker 52

Broker Insurance Mergers and Acquisitions S&P 52

Sica Fletcher

AUGUST 30, 2023

The quarterly report emphasizes the ever-growing presence of private equity-backed firms in insurance brokerage M&A. About 91% of SF Index transactions were executed by private equity-backed firms through YTD June 2023, continuing the trend observed year over year. Learn more at , SicaFletcher.com.

M&A 52

M&A Insurance Broker Private Equity 52

Sica Fletcher

DECEMBER 12, 2019

(Otherwise Known as “How Acquisitions Are Structured”) Our November blog post asked how a smaller agency can take advantage of the tsunami of private equity investment in insurance brokerages. This is generally the same stock which is owned by senior management and the private equity investor.

Private Equity 52

Private Equity Insurance Equities Management 52

The Deal

AUGUST 10, 2023

Fahrney, the global co-leader of the M&A and private equity group at Sidley Austin LLP, is very involved in the firm’s lateral hiring. “We In 2014, he advised General Electric Co. (GE) “Firms that do it well both in identifying talent to bring aboard and the onboarding process have a competitive advantage.” GE) on a $3.3

Private Equity 52

Private Equity M&A Equities IT 52

Shearman & Sterling

JULY 31, 2018

2014) ("MFW"), the business judgment rule standard of review applied. The Court dismissed plaintiffs' claims, concluding that, because Earthstone structured the transaction in the manner prescribed by Kahn v. M&F Worldwide, 88 A.3d 3d 635 (Del.

Stock 40

Stock Private Equity M&A Business 40

Mergers and Inquisitions

MAY 8, 2024

It’s Not 2004, 2014, or 2021 Anymore: Banks Need to Change So, now to the punch line. Also, it was easier to use IB roles to win private equity and hedge fund jobs , as recruiting started later, and there was less competition. So, junior bankers can force changes if enough of them band together and protest.

Investment 111

Investment Investment Banking Bank Banking 111

Shearman & Sterling

APRIL 16, 2019

. ("EnCap"), a private equity firm with majority stakes in both Bold and Oak Valley, at the expense of Earthstone and its minority stockholders. 2014) ("MFW"), and the business judgment rule applied. M&F Worldwide, 88 A.2d 2d 635 (Del.

Negotiation 40

Negotiation Economics Private Equity M&A 40

Sica Fletcher

JULY 2, 2024

The late 2010s, however, saw an explosion of private equity activity that has dramatically increased that pool from 5 to more than 50. Private equity firms make up approximately 92% of the current buyer pool, making them the most common type of buyer that sellers will likely run into. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Private Equity Advisory 52

Shearman & Sterling

MARCH 3, 2020

challenging the take-private buyout of the company by its controlling stockholders and a private equity firm. 2014) ("MFW")—the buyout group conditioned its offer on approval by an independent special committee and a fully informed majority of the company's minority stockholders. Stockholder Litigation, C.A.

Mergers 40

Mergers Private Equity Financial Services M&A 40

Sica Fletcher

MARCH 10, 2020

As of today, there are at least 30 private equity sponsored brokers who are actively searching for acquisitions, plus other strategic players. Sica | Fletcher has the best network of strategic buyers and private equity clients in the country and has closed well over 250 transactions over the last three years.

Private Equity 52

Private Equity Insurance Business Equities 52

OfficeHours

JULY 18, 2023

I started my career in 2014 as an investment banking analyst in an oil & gas coverage group. In June of 2014, when I finished training and first hit the desk, the price of oil was $105 per barrel (West Texas Intermediate, or WTI). investment banking, private equity , VC, etc.) and how our process works.

Investment Banking Analyst 130

Investment Banking Analyst Funds Recruitment Investment Banking 130

Peak Frameworks

SEPTEMBER 12, 2023

For instance, the Bali Package in 2014 aimed at streamlining trade, allowing developing countries more options for food security, and providing better trade opportunities for the least developed countries. Decisions are ideally made through consensus, emphasizing the cooperative nature of the organization.

Trading 52

Trading Corporate Finance Private Equity Finance 52

InvestmentBank.com

MAY 26, 2021

EQUITY Prior to the advent of COVID-19, equity markets were poised to extend a decade-long surge that saw a 270% increase in the number of private equity deals between the low point of 2009 through 2019 [2]. Retrieved March 13, 2021, from [link] [2] Middle Market Private Equity Update Q3 2020 (2020).

Capital Raising 52

Capital Raising Capital Debt Private Equity 52

Mergers and Inquisitions

JUNE 26, 2023

But the online complainers were still unsatisfied, and I made a bad decision in response to these complaints in 2014. The version from 2014 was also long, but at least the content was clear: Module 1 covered Company A, Module 2 covered Company B, Module 3 covered Deal C, etc. Cheese, etc.). In theory, this was a reasonable idea.

Financial Modeling 59

Financial Modeling Financial Models Private Equity M&A 59

Cooley M&A

SEPTEMBER 1, 2021

Cooley’s world-class transactional team has worked on 1,500+ M&A deals for an aggregate value of $520+ billion since 2017, and has guided leading companies and private equity sponsors in some of the market’s largest and most complex transactions. Neal Aizenstein.

M&A 52

M&A Mergers and Acquisitions Private Equity Corporation 52

Growth Business

FEBRUARY 28, 2024

The most active investor of Bristol’s startups is Seedrs , while angel investors Bristol Private Equity Club , Parkwalk , WebStart Bristol and Molten Ventures have also backed multiple startups in the city. Founded in 2014, their custom-made arms use sensors to detect muscular contractions in the forearm to dictate hand movements.

Food 98

Food Engineering Manufacturing Equities 98

Sica Fletcher

NOVEMBER 9, 2023

Private Equity-backed firms have dominated the space consistently for several years in terms of the number of transactions and represent over 89% of SF Index transactions during YTD September 2023. . ### About Sica | Fletcher: Sica | Fletcher is a strategic and financial advisory firm focused exclusively on the insurance industry.

Broker 40

Broker M&A Insurance Mergers and Acquisitions 40

Focus Investment Banking

JUNE 21, 2024

In 2014, it was rebranded Crash Champions. That year, he took on a private equity partner, and Crash Champions took off. Later, after Crash Champions took on its private equity investor, it acquired its first two shops in new markets on March 1, 2020 — just before the COVID-19 pandemic shutdowns.

Investment 52

Investment Private Equity IT Business 52

Sica Fletcher

JULY 31, 2024

Equity Over Time in Insurance M&A Transactions Modern capital structures, however, have also changed significantly in the last several years, including various types and classes for categorizing equity, all of which determine who gets paid in what order. Changes in the buyer pool. Learn more at SicaFletcher.com.

M&A 52

M&A Insurance Debt Equities 52

Sica Fletcher

AUGUST 6, 2024

Founded in 2014, they have consistently ranked at the top of the S&P Global Data's rankings for investment banks, totaling an average of 100 deals per year. Its team prioritizes the long-term value of your agency, making it a particularly good partner in private equity acquisitions. Learn more at SicaFletcher.com.

Investment Banking 52

Investment Banking Insurance Bank Banking 52

Sica Fletcher

MARCH 8, 2024

The last few years, however, have revealed an innate resiliency in smaller insurance agencies that makes them a more evergreen option for both private equity and strategic acquirers. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on.

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

MARCH 26, 2024

private equity firms, investment banks, individual investors). For example, a private equity firm LOI might state that it plans to roll up your agency with others and resell them all several years later. Valuation For a more in-depth examination of the valuation process, consult our previous article on the subject here.

M&A 52

M&A Insurance Valuation Advisory 52

Focus Investment Banking

FEBRUARY 12, 2024

I can easily see how at least 25 strategic buyers and maybe 25 private equity groups — half in Texas — might have signed non-disclosure agreements (NDAs) to look at each business and we might have generated maybe seven solid offers for each, had we been hired. Nevertheless, they were in Texas, one of the big five states.

Negotiation 52

Negotiation Mergers and Acquisitions Business Private Equity 52

Growth Business

NOVEMBER 23, 2023

Female Founders Fund Since 2014, the VC has been backing female founders across B2B, consumer, healthcare and fintech. The fund will not invest in hardware, medical devices or consumer social networks. Entrée Capital provides multi-stage funding for innovative seed, early and growth companies all over the world.

Investment 111

Investment Funds Capital Business 111

Sica Fletcher

JUNE 20, 2024

The History of Private Equity in Insurance One of the primary forces differentiating the insurance M&A market in 2024 from those of decades past is the presence and dominance of private equity (PE) firms in the buyer space. Learn more at SicaFletcher.com.

M&A 52

M&A Insurance Valuation Equities 52

Sica Fletcher

MAY 29, 2024

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. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on.

M&A 52

M&A Insurance Equities S&P 52

Sica Fletcher

SEPTEMBER 3, 2024

Common Insurance Agency Book of Business Payment Structures Insurance agency M&A transactions are typically going to happen through a financial buyer, which is almost always a private equity company. Learn more at SicaFletcher.com.

Insurance 52

Insurance Business Valuation M&A 52

Sica Fletcher

MARCH 12, 2024

For the most part, the market consists of many small to midsize agencies that make prime candidates for roll-up deals, especially as private equity firms have played an increasingly larger role in the market over the last decade. There are surprisingly few large insurance brokerages. Learn more at , ,, SicaFletcher.com.

Valuation 52

Valuation Insurance M&A Profitability 52

Wall Street Mojo

JANUARY 17, 2024

from 2014 to 2017. Before its IPO, Private Equity Investors financed Box Inc. Thus, we can say that by the end of the accounting year 2020-2021, ABC Inc. is left with $1,774,000 as cash and cash equivalents. Now, moving on to a real-world example, let us discuss the cash flows of Box Inc. In 2015, Box came up with its IPO.

Accountant 98

Accountant Finance Finance Profitability 98