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 Bank Banking Investors 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

JUNE 20, 2024

The insurance M&A market in 2024 is significantly more complex now than it was 20 years ago. However, this report seeks to make sense of these qualities as a whole to provide an overview of the 2024 insurance M&A market. The table of contents below offers quick links for readers seeking specific information in later sections.

M&A 52

M&A Insurance Valuation Equities 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

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

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

OfficeHours

AUGUST 25, 2023

In particular, new guidelines from the FDIC and Federal Reserve (among other governmental agencies) made it more difficult for banks to underwrite financings that resulted in debt-to-EBITDA ratios in excess of 6.0x. This capital is released once investors buy the debt off the banks’ balance sheets.

Private Equity 130

Private Equity Equities Debt Finance 130

Sica Fletcher

MAY 8, 2020

For owners and executives of private insurance brokers, Brown & Brown's first quarter earnings call provides a treasure trove of information. insurance brokers. Powell Brown, President and CEO of Brown and Brown Insurance commented: “The first quarter was an interesting one until early March. billion of debt given the 6.0x

Insurance 52

Insurance Retail Debt Broker 52

RKJ Partners

AUGUST 6, 2017

From a financial planning point of view, venture loans can be an attractive insurance policy. If there's risk that critical milestones may slip, having the ability to borrow and extend runway so those milestones can be safely achieved insures a trip to the equity fundraising market with a better valuation.

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. They have enormous amounts of dry powder that they must deploy and continue to have access to very inexpensive debt.

M&A 52

M&A Insurance S&P Broker 52

Razorpay

DECEMBER 12, 2024

A grace period is the time after the due date of an obligation, typically a loan or insurance contract, during which payment can still be made without penalty. A grace period gives a borrower or insurance customer time to make a delayed payment even beyond the due date without late fees, penalties or cancellation of the contract or loan.

IT 98

IT Insurance Accountant Bank 98

Sica Fletcher

APRIL 16, 2020

Many clients have asked us our views about how the COVID-19 pandemic will affect the insurance brokerage industry broadly and the M&A and strategic market for brokers in particular. The Insurance Business is a GDP Business – That is the Big Risk What do we mean when we say that the insurance business is a GDP business?

Insurance 52

Insurance Business IT Economics 52

Global Banking & Finance

SEPTEMBER 13, 2023

stake in Singapore Life Holdings and two debt instruments to Sumitomo Life for a combined 800 million pounds ($997 million), the British insurer said on Wednesday. Aviva to sell Singlife joint venture stake for $1 billion By Elizabeth Howcroft LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9%

Debt 52

Debt Insurance IT 52

How2Exit

MARCH 12, 2023

Concept 3: Document and insure Ownership One of the most important elements of planning for sale is to document and insure ownership. In addition to documenting ownership, it is also important to insure ownership. This means that it is important to have a clear understanding of the business and the contracts that are in place.

M&A 130

M&A Business Insurance Mergers and Acquisitions 130

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. However, insurance brokerages remain relatively unscathed from the fallout.

Private Equity 52

Private Equity Insurance Debt Equities 52

Growth Business

MAY 15, 2024

You will need employers’ liability insurance, provide payslips, and manage payroll, though the last two here can be outsourced if you wish. More on sole traders Sole trade budgeting tips to avoid debt How to scale your business quickly The post Can a sole trader employ staff? appeared first on Growth Business.

Business 96

Business Insurance Trading Debt 96

Sun Acquisitions

NOVEMBER 1, 2024

Acquiring companies need to understand the target’s digital capabilities, potential technology debts, and how well their systems integrate with their own. Consider cyber insurance as an added layer of protection. Data Analytics Integrating advanced data analytics tools has transformed how companies approach M&A.

Mergers 59

Mergers Mergers and Acquisitions Business Acquisitions 59

Razorpay

FEBRUARY 6, 2024

1,00,000 1% 2% 194D Payment of insurance commission to domestic companies Rs. 15,000 NA 10% 194D Payment of insurance commission to companies other than domestic ones Rs. 15,000 5% NA 194DA Maturity of Life Insurance Policy Rs. 1,00,000 1% 2% 194D Payment of insurance commission to domestic companies Rs.

Insurance 98

Insurance Government Business Bank 98

The TRADE

SEPTEMBER 13, 2024

This acquisition further expands our growing distribution network by over 500 clients, including banks, insurance companies, private debt funds, mutual funds and private wealth managers,” said Anthony Di Ciollo, global head of fixed income at StoneX. Fixed income broker Octo Finances is in Paris.

Broker 52

Broker Finance Finance Debt Capital Markets 52

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

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

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. If these add up to more than the company’s Distributable Cash Flow, it issues additional Debt to cover the difference: This setup seems simple, but it’s probably the #1 most common mistake in the DDM.

Valuation 64

Valuation DCF Debt Financial Modeling 64

Growth Business

JULY 25, 2024

“We are seeing an increasing number of providers of this type of loan facility in the market,” said Todd Davison, MD of Purbeck Personal Guarantee Insurance. – What is venture debt? Merchant cash advances have been around since 1998, but they’ve made their mark on the alternative finance industry since.

Finance 98

Finance Finance Business Sale 98

Focus Investment Banking

MARCH 10, 2025

Optimize Working Capital (One Year Ahead) What It Is: Net Working Capital (NWC) is Current assets minus current liabilities (A/R + Inventory A/P + Accrued Expenses), excluding cash, which you keep (in a typical cash-free, debt-free transaction). Why It Matters: Healthy working capital keeps the business running smoothly day-to-day.

Investment 52

Investment Book-building Sale Business 52

M&A Leadership Council

MAY 9, 2024

Excessive Debt: High levels of debt relative to the industry or the inability to service debt comfortably can severely constrain the company’s financial flexibility. Weak Supply Chain: Reliance on unstable or single-source suppliers can disrupt operations and increase risk.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Debt Accountant 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. Debt Financing: Explore options for debt financing, such as loans from local or international banks, multilateral development banks, or export credit agencies.

Finance 52

Finance Finance Debt Government 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 They help companies to raise capital in the form of debt or equity. It allows easy accounting software integration.

Bank 52

Bank Banking Business Underwriting 52

Growth Business

JUNE 7, 2023

It’s also the second Black-founded unicorn in the UK, and co-founders and brothers Oliver and Alexander Kent-Braham, along with CTO David Goaté have set their sights on disrupting the insurance industry. Since its launch in 2015, Marshmallow has offered affordable options to those who have recently moved to the UK.

Funds 98

Funds Bank Banking Investment 98

Razorpay

JULY 25, 2023

Offerings like the RazorpayX payroll facility enables businesses to automate payments in advance, offer insurance plans to employees and streamline business operation. Further, instances of bad debts and defaulters are managed by a corporate accountant.

Accountant 98

Accountant Corporation Financial Statement Business 98

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

Peak Frameworks

MAY 2, 2024

Credit Risk Mitigation: Strategies such as credit insurance, stringent customer vetting, and proactive receivables management can help mitigate the risks associated with credit sales. 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

Lake Country Advisors

JULY 25, 2024

Examine debt and credit history. Investigate these aspects to grasp the company’s borrowing history and current debt obligations and gauge financial risks. Review insurance coverage. Examine tax returns for several years to identify any discrepancies or issues. Verify accounts receivables and payables.

Business 104

Business Mergers and Acquisitions Negotiation Risk Assessment 104

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

Razorpay

AUGUST 20, 2023

Some of the common fixed costs are employee salaries, interest, rent, insurance, lease, insurance, utility payments, phone service, advertising costs, amortization, and more. Tip 2: Conduct research and choose insurance plans that come with lower premiums. Tip 3: Opt for refinancing of debt to minimize interest rate.

Business 52

Business Profitability Sale Utilities 52

IBG

SEPTEMBER 11, 2024

Strengthen your ratios: working capital, debt-to-equity, “quick,” price-to-earnings, return on equity, etc. As examples: Make sure your inventory and asset records align with what is physically there.

Sale 52

Sale Business Financial Statement Profitability 52

Street of Walls

SEPTEMBER 10, 2012

Debt underwriting had its best week since May 2011 and equity underwriting also improved significantly while M&A activity was quite light Equity underwriting volumes of $17.2 Corporate debt underwriting volumes of $98 billion nearly tripled from the prior week. billion of net outflows in 3Q11. Announced M&A volumes of $16.6

Mergers and Acquisitions 40

Mergers and Acquisitions Underwriting Mergers Acquisitions 40