Sica Fletcher

MAY 8, 2024

Quite a few articles already detail the process of “how” to sell an insurance agency (you can read our article on that subject here ), but very few get to the bare bones of “why.” If you’re asking, “ should I sell my insurance agency,” the three big questions you must answer first are: Why Do I Want To Sell?

Insurance 52

Insurance M&A Valuation Advisory 52

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work? CDOs provide investors with a diversified portfolio of debt instruments across different risk levels. read more , etc.

Debt 52

Debt Banking Bank Investors 52

Sica Fletcher

MARCH 8, 2024

Having advised on a record number of insurance agency M&A transactions, we have used our unusually large dataset in tandem with access to third-party M&A databases to provide up-to-date averages of EBITDA multiples for insurance brokerages in 2024. What Is Affecting Insurance Agency EBITDA Multiples?

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

SEPTEMBER 25, 2019

In recent posts, we outlined the background of and reasons for the dramatic upsurge of private equity investment in the insurance brokerage industry , how the combination of private equity and low interest rates have dramatically raised valuations , and how private equity sponsored agencies increasingly dominate the insurance agency business.

Private Equity 52

Private Equity Equities Insurance Capital 52

Sica Fletcher

MAY 15, 2024

This article breaks down the question, “how much is my insurance agency worth” in further detail, but the table below provides a surface-level overview based on varying degrees of revenue and operating expense: How Much Is My Insurance Agency Worth: A Breakdown Answering the question, “how much is my insurance agency worth?”

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

JULY 23, 2024

In it, we provide readers with a quick and simple overview of the current insurance brokerage M&A market , after which we discuss several macroeconomic and industry-specific factors that could drastically affect transactions in the next six months. The market is already highly competitive, but it’s also limited to what buyers can afford.

M&A 52

M&A Insurance S&P Valuation 52

Sica Fletcher

APRIL 11, 2024

This article examines the most common types of insurance agency sellers, which we break down into two distinct categories: the owners - agency CEOs and founders - and the partners - professionals in charge of overseeing a sale to ensure the best outcome. Financial Need. Urgent financial requirements (e.g.,

Insurance 52

Insurance Advisory M&A Investment Banking 52

RKJ Partners

AUGUST 6, 2017

Making equity dollars last is particularly important since they come at a high price. Although the price is high, these precious equity dollars are often a critical factor in an emerging company's success. From a financial planning point of view, venture loans can be an attractive insurance policy.

Debt 40

Debt Capital Raising Capital Equities 40

Sica Fletcher

MARCH 26, 2020

Many of our clients have asked us about the impact on insurance brokerage M&A of the pandemic and the resultant containment efforts. The Largest Strategic Players Tell Us Full Steam Ahead – The major strategic acquirors have informed us that they plan to continue to aggressively pursue acquisitions of insurance brokers.

Insurance 52

Insurance M&A Broker Economics 52

Sica Fletcher

AUGUST 18, 2020

What the Data Is Telling Us In our last few posts, we reported on what we perceived to be the trends in insurance agency and brokerage M&A in light of the pandemic and analyzed the reasons for these trends. Private equity firms continue to drive transaction pace and value.

M&A 52

M&A Insurance S&P Broker 52

Sica Fletcher

JULY 1, 2020

Update on Private Equity and Insurance Brokerages In our ,, previous article , we reported that the COVID-19 pandemic had not diminished the pace of mergers and acquisitions transactions we are seeing in the insurance agency and brokerage sector. The number of transactions we are working on has not abated.

Private Equity 52

Private Equity Insurance Debt Equities 52

Mergers and Inquisitions

MAY 3, 2023

To be fair, in some industries – like commercial banks and insurance within FIG – the DDM is a core valuation methodology. And it values the company today based on the present value of its dividends and that potential future value (either the stock price or the Equity Value via the Terminal Value calculation).

Valuation 64

Valuation DCF Debt Financial Modeling 64

Sica Fletcher

JUNE 2, 2020

Insurance Agency & Brokerage M&A Update Many of our clients have been asking us “now that the first phase of the coronavirus pandemic seems to be ending, where do things stand with insurance brokerage M&A?” As a result, they had and continue to have large pools of equity and debt capital to deploy in acquisitions.

Insurance 52

Insurance Broker Private Equity M&A 52

Razorpay

AUGUST 9, 2023

Example of Merchant Banking In 2021, merchant bank Avendus Capital helped the Indian company Piramal Enterprises acquire the debt-ridden assets of Dewan Housing Finance Corporation (DHFL) for ₹34,250 crore ($4.4 It is an accounting and banking platform that fills the gap between advanced banking solutions and finance professionals.

Bank 52

Bank Banking Business Underwriting 52

Wizenius

JUNE 21, 2023

Develop a risk mitigation strategy for each identified risk, such as structuring contracts to minimize exposure to regulatory changes or securing political risk insurance. Equity Investment: Seek equity investment from reputable investors with experience in the renewable energy sector and who are comfortable with regulatory uncertainties.

Finance 52

Finance Finance Debt Government 52

Mergers and Inquisitions

MARCH 13, 2023

Banks’ lending activities are constrained by: Regulatory Capital – All banks must maintain a certain amount of common shareholders’ equity to absorb unexpected losses on loans and other assets. Remember that, normally, a bank issues loans and then finds the liabilities (deposits, debt, etc.) Deposits up to $250K are insured in the U.S.,

Banking 123

Banking Bank Funds Government 123

How2Exit

MARCH 24, 2023

To do this, he obtained his insurance and securities licenses and started helping developers raise money. Concept 3: Equity in Exchange For Value Equity in exchange for value is a concept that has become increasingly popular in recent years. He wanted to be able to invest in larger projects and help developers raise money.

M&A 130

M&A Business Mergers and Acquisitions Investors 130

The TRADE

JULY 7, 2023

The acquisition of Conning, which has extensive long-standing insurance and institutional client base in the US and Asia, will also expand Generali’s remit in those regions and its capabilities across fixed income, structured and corporate credit, emerging market debt and private real estate.

Asset Management 52

Asset Management Management Acquisitions Insurance 52

Razorpay

JULY 25, 2023

Separate accounts are created to manage income, assets, liabilities, equity, etc. Offerings like the RazorpayX payroll facility enables businesses to automate payments in advance, offer insurance plans to employees and streamline business operation.

Accountant 98

Accountant Corporation Financial Statement Business 98

IBG

SEPTEMBER 11, 2024

That is especially true when the buyer is a private equity group or other type of “financial” buyer, which is the case in seven out of 10 deals that we have closed over the last several years. Strengthen your ratios: working capital, debt-to-equity, “quick,” price-to-earnings, return on equity, etc.

Sale 52

Sale Business Financial Statement Profitability 52

Street of Walls

OCTOBER 1, 2012

Sandler O’Neill’s Weekly M&A Trends: Equity markets declined for the second week in a row The S&P 500 declined by 1.3% equity trading volumes declined by 5.2% Equity mutual funds experienced net outflows of $5.2 Equity mutual funds experienced $40.8 Equity mutual funds experienced $40.8 in the week.

Investment Banking 40

Investment Banking Investment Underwriting Banking 40

Street of Walls

SEPTEMBER 10, 2012

equity trading volumes rose by 34% from the prior week. Equity mutual funds experienced net outflows of $4.4 Equity mutual funds experienced net outflows of $4.4 Net outflows from equity mutual funds totaled $22.9 Corporate debt underwriting volumes of $98 billion nearly tripled from the prior week.

Mergers and Acquisitions 40

Mergers and Acquisitions Underwriting Mergers Acquisitions 40

Street of Walls

SEPTEMBER 24, 2012

Sandler O’Neill’s Weekly M&A Trends: Equity markets pulled back modestly on lighter trading volume The S&P 500 declined by 0.4% equity trading volumes declined by 5.1% Equity mutual funds experienced net outflows of $3.3 Equity mutual funds have experienced $35.5 Corporate debt underwriting volumes of $90.2

Mergers 40

Mergers Underwriting Acquisitions M&A 40

Growth Business

NOVEMBER 23, 2023

They are thematic investors in fintech (financial services, real estate, insurance) and deep tech (AI enabled transformation, security, IoT), across B2C, B2B and B2B2C businesses. mortgages, insurance) software (e.g. FPE Capital is a growth equity investor in the UK lower middle-market.

Investment 111

Investment Funds Capital Business 111

Street of Walls

SEPTEMBER 4, 2012

equity trading volumes declined by 10.3% Equity mutual funds experienced net outflows of $5.9 Equity mutual funds experienced net outflows of $5.9 Net outflows from equity mutual funds totaled $18.4 Equity mutual funds have experienced $24.6 Corporate debt underwriting volumes of $30.8 Average daily U.S.

M&A 40

M&A Underwriting S&P Debt 40

Peak Frameworks

MAY 2, 2024

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. Bad Debt Management: Estimating the likelihood of non-payment and accounting for bad debts is crucial for providing a realistic view of financial health.

Sale 52

Sale Accountant Financial Statement Business 52

Devensoft

JUNE 1, 2023

Debt and liabilities: assess the company’s debt levels and liabilities to determine whether it can manage its obligations during economic uncertainty. What is the target company’s current debt position, and what is their plan for managing any potential financial risks that may arise due to the economic uncertainty?

Economics 98

Economics M&A Management Financial Statement 98

Street of Walls

AUGUST 27, 2012

equity trading volumes improved by 1.2% Equity mutual funds experienced net outflows of $3.2 Equity mutual funds experienced net outflows of $3.2 In total, equity mutual funds have experienced $19.5 Investment banking volumes were mediocre on the week amidst the summer doldrums Equity underwriting volumes of $10.7

M&A 40

M&A Investment Banking Investment Banking 40

Wall Street Mojo

JANUARY 17, 2024

In contrast, the financing activities involve all transactions that affect the equity and liabilities of a company. read more and balance sheet Balance Sheet A balance sheet is one of the financial statements of a company that presents the shareholders' equity, liabilities, and assets of the company at a specific point in time.

Accountant 98

Accountant Finance Finance Profitability 98

Focus Investment Banking

JANUARY 10, 2025

I worked with the family business under the family’s ownership for three years and then with the private equity group who acquired and partnered with the family business as a platform for another three years. There’s also continued insurance challenges and a whole lot more. This is a tough business.

Private Equity 52

Private Equity Mergers and Acquisitions M&A Equities 52

Wall Street Mojo

JANUARY 17, 2024

The lender, in this case, who buys the instrument has to pay the premium like that of an insurance policy, in exchange of which the seller of the instrument will compensate for the loss in case of default faced by the buyer of the instrument from their borrower. The payment continues till the maturity of the agreement.

Financial Modeling 52

Financial Modeling Financial Models Insurance Valuation 52

Cooley M&A

SEPTEMBER 16, 2024

Post-closing adjustments for changes in cash, debt and working capital are challenging to implement and are not used as frequently in merger of equal combinations as compared to traditional private company acquisitions. Like in an equity financing transaction, the combined company will often establish a new go-forward equity pool.

Mergers 52

Mergers Mergers and Acquisitions Valuation Stock 52

Focus Investment Banking

SEPTEMBER 4, 2024

While there are a few public investment opportunities in the heavy-duty parts and service sector, such as Dorman Products (NASDAQ: DORM) and Ryder Systems (NYSE: R), many investors have turned to Private Equity (PE) for investments in the industry. These firms then acquire, grow, and eventually sell companies at a profit to generate returns.

Business 52

Business M&A Private Equity Investors 52

Mergers and Inquisitions

JULY 17, 2024

People have argued for years that equity deals “dominate” IB activity in India, but this is a bit of a stretch if you look at the fees by product type: Deals themselves are diversified across different sectors. Among the bulge brackets, the U.S.-based based firms (GS, MS, Citi, JPM, and BofA) tend to perform best.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Razorpay

MAY 11, 2023

This means that the personal assets of the partners are protected from any business debts or legal liabilities incurred by the LLP. Basically, an unsettled debt. Only the LLP assets are liable for paying off its debts if the LLP decides on winding up. Hence most LLPs would have to rely on funding from promoters and debt funding.

Accountant 52

Accountant Business Banking Bank 52

Chesapeake Corporate Advisors

MAY 2, 2023

A $50 million transaction might include $42 million cash at close (guaranteed), a $5 million seller’s note (where the seller agrees to accept a portion of the purchase price as a series of debt payments), and $3 million in earnouts (which are only paid if the company achieves certain financial metrics over time).

Business 52

Business Investment Banking Corporation Advisory 52

Razorpay

DECEMBER 15, 2024

Exclusive Investment Opportunities Private banking clients gain access to investment products and opportunities not available to the general public, such as: Private equity and hedge funds. They may also offer services such as loans, lines of credit, and access to private equity and venture capital investments.

Bank 52

Bank Banking IT Management 52