JD Supra: Mergers

OCTOBER 17, 2023

Join us for a lively 30-minute discussion where our head of transactional insurance and the head of our private equity practice discuss top trends in M&A and PE.

Private Equity 130

Private Equity M&A Equities Insurance 130

JD Supra: Mergers

NOVEMBER 28, 2023

Warranty and indemnity insurance (W&I) is a long-established feature of M&A transactions in Europe, especially with private equity sellers. Stapled W&I policies and synthetic policies will likely be increasingly common features of E&I transactions, although their feasibility should be assessed case by case.

Insurance 163

Insurance Private Equity M&A Equities 163

The New York Times: Mergers, Acquisitions and Dive

JULY 10, 2023

A new study finds that private equity firms own more than half of all specialists in certain U.S. markets.

Private Equity 102

Private Equity Equities Mergers and Acquisitions Insurance 102

JD Supra: Mergers

JUNE 16, 2023

Hosts Lynda Bennett and Eric Jesse build on their recent discussion with Lowenstein M&A Chair and Transactions & Advisory Group co-Chair Marita Makinen about the current state of play in the M&A and private equity space.

Private Equity 130

Private Equity M&A Equities Insurance 130

The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 21, 2023

The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.

Private Equity 126

Private Equity Equities Mergers and Acquisitions Insurance 126

PE Hub

OCTOBER 10, 2023

A data deep dive with LSEG’s Matt Toole about the dealmaking numbers for the first three quarters; a portfolio company of Parabellum Investments acquiring a digital banking software business; BharCap Partners buys a company in the insurance sector; and Bonaccord Capital making a minority investment in a healthcare-focused private equity firm.

Private Equity 72

Private Equity M&A Equities Insurance 72

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

PE Hub

AUGUST 11, 2023

A look at six private equity-backed insurance deals; the completion of Vista’s $4.6 The post Vista closes $4.6bn sale of Apptio to IBM; Brookfield and Braemont invest in insurance appeared first on PE Hub. billion sale of Apptio to IBM; and Northleaf’s $200 million investment in Tillman FiberCo.

Insurance 81

Insurance Sale Investment Private Equity 81

Sica Fletcher

NOVEMBER 19, 2019

Our recent blog posts have covered the private equity boom in insurance brokerages , however, the reality is that the vast preponderance of insurance brokerages (probably over 95%) have revenues under $5 million annually. An insurance brokerage without its key people is like a melting ice cube – it slowly slips away.

Private Equity 52

Private Equity Equities Insurance Business 52

Focus Investment Banking

JULY 19, 2023

Armed with anywhere between $2 trillion and $4 trillion of “dry powder”—with about half of that targeted to healthcare—private equity firms have a lot of capital to put to work. ENT and allergy is relatively new to private equity investment, with approximately ten major platforms currently operating.

Private Equity 52

Private Equity Equities Healthcare Hospitality 52

Deal Lawyers

AUGUST 30, 2024

Topics covered include potential liability risks, costs required to upgrade the target’s systems, the target’s cyber insurance coverages, and the differences in cyber risk profiles between strategics and private equity buyers. […]

M&A 100

M&A Private Equity Insurance Equities 100

Focus Investment Banking

JUNE 13, 2023

Compared to other medical fields like dentistry and dermatology, private equity involvement in orthopedic practices has been relatively small. Scale can also allow practices to negotiate better contracts with insurers and get better deals on supplies and equipment.

Private Equity 52

Private Equity Equities Healthcare Medical 52

Deal Lawyers

JULY 26, 2023

The key takeaways from […]

M&A 100

M&A Private Equity Investment Banking Advisory 100

Focus Investment Banking

DECEMBER 26, 2023

The 6th annual Midwest M&A/Private Equity Forum sponsored by the Thomson Reuters Institute was held in early December in Columbus, Ohio, and for your humble correspondent, this was not only my second time as one of the participants, but my first time as a moderator of a panel! More on that later.

Private Equity 52

Private Equity M&A Equities Insurance 52

Software Equity Group

MARCH 26, 2024

For top private equity firms, there’s a lot to like about SaaS. Top Software Private Equity Firms Here is a select list of the most active PE investors in the SaaS and software industry over the past year (data taken from the SEG 2024 Annual SaaS Report ). The firm employs 93 professionals.

Private Equity 52

Private Equity Equities Investment Portfolio 52

How2Exit

MAY 30, 2023

We are seeing an increasing amount of private equity entering the veterinary space, both at the clinic level and the pet product level. Private equity is already investing heavily in the pet industry, and it is expected to continue to grow. making it highly competitive to get into.

Private Equity 130

Private Equity Business Equities Investment 130

OfficeHours

OCTOBER 11, 2023

For the past months, OfficeHours has had some amazing speakers, including private equity pros, HBS MBA grads, and successful founders. We cover topics like private equity, investment banking, switching careers, and how to grow in your job.

Investment Banking 130

Investment Banking Bank Banking Investment 130

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. that specializes in the insurance brokerage space and related industries that compliment it.

Insurance 52

Insurance M&A Private Equity Advisory 52

Focus Investment Banking

NOVEMBER 20, 2024

His list included increasing vehicle complexity, the technician shortage, and continued challenges with insurance relationships. Funding is available through private equity investment and programs provided by the Small Business Administration (SBA). There’s a lot of private equity interest out here,” Strandberg continued.

Investment Banking 52

Investment Banking Management Investment Banking 52

Sica Fletcher

JULY 2, 2024

For agency owners looking to sell their business in 2024, it’s helpful to know something about the insurance M&A buyer landscape before going in. The late 2010s, however, saw an explosion of private equity activity that has dramatically increased that pool from 5 to more than 50.

Insurance 52

Insurance M&A Private Equity Advisory 52

McCombie Group

OCTOBER 11, 2024

For nearly two decades, private equity (PE) has been a transformative force in the insurance agency sector, driving consolidation and increasing valuations. Currently, 72% of all agency transactions involve private equity buyers. This article was originally published in Forbes.

M&A 40

M&A Insurance Private Equity Valuation 40

The New York Times: Banking

OCTOBER 4, 2023

Others followed, driving the growth of the private lending market and worrying regulators. Apollo was the first to use annuities to build a major financing business.

Insurance 119

Insurance Funds Finance Finance 119

Sica Fletcher

MAY 13, 2024

Q1 2024 Agency and Broker Buyer Index Reveals a Dynamic Landscape for Insurance M&A NEW YORK, NY - May 13, 2024 - Sica | Fletcher releases the Q1 2024 Agency & Broker Buyer Index. The Sica | Fletcher Index is the leading report on mergers and acquisitions within the insurance brokerage sector. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Broker Mergers and Acquisitions 52

OfficeHours

JUNE 22, 2023

More surprisingly, a handful of private equity associates have also reached out about being laid off or being put on performance plans in a tough market. Some firms will also continue to pay for health insurance for a couple of months post separation. Do you want to be a career banker?

Investment Banking 130

Investment Banking Bank Banking Investment 130

Sica Fletcher

JULY 31, 2024

The 2024 insurance M&A market has changed substantially from just a few years ago, with potentially staggering implications for the future of insurance M&A transactions. Insurance M&A Transactions in 2024 The insurance M&A transactions we have observed thus far in 2024 indicate larger trends in the sector.

M&A 52

M&A Insurance Debt Equities 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. for insurance agencies.

M&A 52

M&A Insurance Valuation Equities 52

Sica Fletcher

MAY 29, 2024

M&A transactions for insurance companies are part of a robust but complicated market that requires ingesting a great deal of data in order to fully understand. While insurance M&A did see slight dips in deal volume and average value (Fig.2) While insurance M&A did see slight dips in deal volume and average value (Fig.2)

M&A 52

M&A Insurance Equities S&P 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

FEBRUARY 2, 2022

As the advisory firm that executes by far the largest number of mergers and acquisitions transactions for insurance agents and brokers, and with our deep experience and contacts within the private equity community, we have a better vantage point on what is going on than most others.

Insurance 52

Insurance M&A Mergers and Acquisitions Private Equity 52

InvestmentBank.com

OCTOBER 24, 2019

For the better part of the last decade, physician practices have seen a wave of consolidation by hospitals and private equity with 2018 being no exception [1]. In fact, acquisitions by hospitals and private equity in provider services broke records last year according to Bain & Co’s 2019 global healthcare report.

Hospitality 40

Hospitality Private Equity Equities Acquisitions 40

Sica Fletcher

AUGUST 6, 2024

Our research team’s latest report compares the top insurance agency investment banks of 2024. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry.

Investment Banking 52

Investment Banking Insurance Bank Banking 52

Peak Frameworks

SEPTEMBER 19, 2023

An insurance underwriter is a professional responsible for evaluating the risk of insuring a person or asset and determining policy terms. Originating from marine insurance in Europe during the 17th century, underwriting has come a long way. The Process of Underwriting Risk Assessment Let's take the example of life insurance.

Underwriting 52

Underwriting Insurance Risk Assessment Private Equity 52

Sica Fletcher

SEPTEMBER 3, 2024

The following article details the process of selling an insurance agency book of business in 2024, including deviations from the process of selling an agency, the valuation process, and common payout structures. Selling an insurance agency book of business has a few advantages over selling the agency in total. Why Sell Just the Book?

Insurance 52

Insurance Business Valuation M&A 52

Sica Fletcher

MARCH 12, 2024

As one of the most active M&A firms in the insurance sector, we are frequently asked how insurance agency valuations work. This article discusses the fundamentals of insurance agency valuations, plus a few lesser-known factors that play into these processes before we give an overview of the insurance M&A market in 2024.

Valuation 52

Valuation Insurance M&A Profitability 52

Sica Fletcher

JUNE 10, 2020

Over the past 20 years, there has been a significant shift in insurance brokerage M&A. More and more, we see private equity (PE) backed brokers emerging as the dominant buyers in the space. that specializes in the insurance brokerage space and related industries that compliment it.

Private Equity 52

Private Equity Insurance M&A Equities 52

OfficeHours

JULY 20, 2023

Think from the perspective of a private equity player (even if your deal was not a PE deal), and implement important facets such as cash flow generation, ability to add leverage, growth levers, a strong management team, and a business that operates in an attractive, large, and growth industry. Make sure you have your story down cold!

Recruitment 130

Recruitment Private Equity Equities Investment 130

Cooley M&A

MAY 23, 2024

While representation and warranty (R&W) insurance continues to be used across a broad range of M&A transactions, its use has cooled as dealmakers navigate challenging market conditions. As deal flow has dwindled, competition has increased among carriers, and minimum floors largely have fallen away. of the policy limit.

Insurance 52

Insurance M&A Underwriting Financial Statement 52