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

Sica Fletcher

OCTOBER 16, 2024

The following article examines valuation multiples for registered investment advisor (RIA) firms as of 2024, based on data gathered from our SF Index and available third-party sources. How these client demographics affect RIA valuations really depends on what the buyer is looking for, as indicated by the table below.

Valuation 52

Valuation Mergers and Acquisitions M&A Insurance 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. Urgent financial requirements (e.g., Market/Business Environment.

Insurance 52

Insurance Advisory M&A Investment Banking 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

Focus Investment Banking

MARCH 10, 2025

Know the timeline After a sale, buyers often expect you to stay on for one to two years as an employee or consultant. Missing this detail could complicate or kill the deal, delay your plans, or reduce the sale price. Corporate structure Whether youre a C-Corp or S-Corp can affect taxes at sale. This derisks the org.

Investment 52

Investment Book-building Sale Business 52

Lake Country Advisors

OCTOBER 27, 2023

At the core of the debate of business appraisal vs business valuation, both approaches aim to determine a company’s worth. So, what’s the difference between a business appraisal and a business valuation? Approaches to Business Valuation To achieve a comprehensive business valuation, professionals employ a range of methods.

Valuation 52

Valuation Business Mergers and Acquisitions Insurance 52

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

How2Exit

MARCH 12, 2023

All parties should be aware of any legal obligations that they may have in the event of a sale or merger. Additionally, all parties should be aware of any legal obligations that they may have in the event of a sale or merger. In addition to documenting ownership, it is also important to insure ownership.

M&A 130

M&A Business Insurance Mergers and Acquisitions 130

Sica Fletcher

MARCH 26, 2024

This article outlines how to sell an insurance agency by chronological steps, with a quick overview of the process in the table immediately following. We also include some key insights we’ve gathered over several decades of selling insurance agencies. Valuation is a process in and of itself.

M&A 52

M&A Insurance Valuation Advisory 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

Wall Street Mojo

FEBRUARY 8, 2024

Such expenses are often associated with medical insurance, which does not come under reimbursable once. Table of contents Out Of Pocket Expense Meaning Out Of Pocket Expense Explained What Are Health Insurance Out-Of-Pocket Expenses? What Are Health Insurance Out-Of-Pocket Expenses?

Insurance 98

Insurance Medical Financial Modeling Financial Models 98

Sica Fletcher

JULY 1, 2024

Selling an insurance brokerage is not altogether that much different than selling an insurance agency or even an insurance company. specialized regulatory and licensing requirements that are different from those of insurance agencies. That being said, brokerage owners need to consider a.)

Insurance 52

Insurance M&A Advisory Funds 52

IBG

MAY 23, 2024

Preparing your co-owned business for sale should include provisions for responding to unexpected events in an owner’s life. The $55 million sale of I.W. To this list we would add “preservation of a business sale.” Savage Crushing LLC was three days from closing. Then, suddenly, three days before the closing, Doug died.

Sale 52

Sale Business Valuation Insurance 52

Sun Acquisitions

FEBRUARY 3, 2023

Negotiating the sale of a manufacturing business can be highly stressful, but it is possible to get through it with minimal stress when armed with the right tips and strategies. To help ensure a better outcome for all parties involved, here are some top tips for negotiating the sale of a manufacturing business.

Negotiation 52

Negotiation Manufacturing Sale Business 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 Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations. But outside of those, its status is murkier.

Valuation 64

Valuation DCF Debt Financial Modeling 64

How2Exit

OCTOBER 14, 2024

The importance of clean data rooms, strategic earn-out agreements, and the role of rep and warranty insurance in private transactions forms the crux of their discussion. Role of Advisors : Engaging experienced advisors, investment bankers, and accountants can significantly smoothen the M&A process and enhance deal valuation.

Profitability 130

Profitability Mergers and Acquisitions M&A Negotiation 130

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

Francine Way

JULY 8, 2017

Many of these causes have their equivalences to the reasons behind the sale of a company (also known as a divestiture): Liquidity: As the equity holding period matured, investors (private equity funds behind companies) will look to sell. Once a sale has been decided, the process to look for a new owner is pretty well established.

M&A 130

M&A Acquisitions Sale Investment 130

Cooley M&A

DECEMBER 3, 2019

Over the last decade the use of R&W insurance in merger and acquisition transactions has grown exponentially. From 2008 to 2018, the total R&W policies bound per year in North America rose from 40 deals, providing $541 million of coverage to 1500+ R&W insurance transactions, providing aggregate coverage of $38.6 Advantages.

Insurance 40

Insurance Underwriting Mergers and Acquisitions M&A 40

Wall Street Mojo

JANUARY 17, 2024

Tax Benefit Explained Forms Examples Eligibility For Family Tax Benefit Health Insurance Tax Benefit Married Vs Single Recommended Articles Tax Benefit Explained A tax benefit refers to the advantages or savings a company gains from utilizing various tax provisions and deductions provided by tax regulations. read more to $650,000.

Financial Modeling 98

Financial Modeling Financial Models Insurance Business 98

How2Exit

MAY 29, 2023

He says that companies should focus on creating value, which starts with sales. This organization is dedicated to helping companies create value, not just individual sales. Business owners need to consider how their employees will be taken care of after the sale. Promotion is a key factor in maximizing business value.

Business 130

Business Sale IT Book-building 130

Lake Country Advisors

AUGUST 9, 2024

The goal is not just to find a buyer but to maximize the value of your hard work and investment, leading to a prosperous sale. Preparing Your Manufacturing Business for Sale Conducting a comprehensive business valuation is essential in preparing your business for sale.

Manufacturing 59

Manufacturing Business Sale Negotiation 59

How2Exit

MARCH 30, 2023

It is important to focus on more than just the monetary value of the sale. This is something that Jonathan Braybrand, an author, entrepreneur, and expert in the field of advising business owners on the sale of their companies, understands well. If the market is robust, then it is a good time to consider selling the business.

Business 130

Business Sale M&A Mergers and Acquisitions 130

Sun Acquisitions

FEBRUARY 3, 2023

1. Preparation for Sale If your exit strategy is a sale, it’s important that you take sufficient time to get the business ready to be put on the market. 2. Business Valuation With your business ready for review, you can go ahead with a business valuation. A first step may be cleaning up your financial records.

Business 52

Business IT Broker Sale 52

Sica Fletcher

FEBRUARY 8, 2024

The S&P Global Market Intelligence League Table reveals that Sica | Fletcher closed 101 M&A deals in 2023, with a significant focus on insurance-related transactions. Sica | Fletcher’s robust performance in 2023 and its positive outlook for 2024 reaffirm its position as the forefront leader in the insurance M&A market.

M&A 40

M&A S&P Insurance Advisory 40

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. Over 70 PE firms involved themselves in our sales processes. Dry powder reached $1.4

Private Equity 52

Private Equity Insurance Debt Equities 52

Focus Investment Banking

OCTOBER 7, 2024

The evaluation process used by M&A professionals to transact a business sale is often quite different from the processes used by owners and executives to manage those businesses.

Mergers 52

Mergers Acquisitions Mergers and Acquisitions M&A 52

Sun Acquisitions

NOVEMBER 29, 2022

Whatever your motivation for selling, we’re sure you want a seamless transition in which you walk away with a decent profit from the sale. billion valuation by 2030. The first step in positioning your HVAC business for a favorable acquisition is increasing its current valuation. From business valuation to buyer selection.

Business 52

Business Valuation Broker Book-building 52

Sun Acquisitions

DECEMBER 16, 2022

2. Prepare the Business for Sale. Buyers may have a handful of potential businesses being presented to them for sale. 3. Get a Business Valuation. The business valuation you get will give you an idea of an appropriate asking price. 5. Assess Offers and Negotiate a Sale. 6. Closing the Sale.

Manufacturing 52

Manufacturing Business Broker Negotiation 52

Software Equity Group

MARCH 26, 2024

Main Capital has made 215 total investments since its founding, with current assets under management (AUM) of $2.37B and an active portfolio of 47 firms, with a median valuation of $10.25M. Thoma Bravo maintains an active portfolio of 76 firms, with $134B in AUM and a $435M median valuation. The firm currently employs 31 professionals.

Private Equity 52

Private Equity Equities Investment Portfolio 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. Let’s break down how this is paid: Valuation The valuation is invariably calculated as Pro Forma EBITDA multiplied by the EBITDA multiple.

Private Equity 52

Private Equity Insurance Equities Management 52

Wall Street Mojo

JANUARY 17, 2024

The investing activities comprise the long-term asset purchase or sale. Add to it all the incoming cash from various sources like cash sale of goods or services, proceeds from the sale of assets or investments, the funds acquired by the issue of shares or through bank loans, etc.

Accountant 98

Accountant Finance Finance Profitability 98

Focus Investment Banking

DECEMBER 26, 2023

The State of the M&A Market kicked off the 9 am start, and since the expert panel included insurance industry representatives, the discussion began with a deep dive into the exciting world of rep & warranty insurance. Valuation multiples therefore remain high, and as a consequence, structuring is now a de facto part of deals.

Private Equity 52

Private Equity M&A Equities Insurance 52

Sica Fletcher

MAY 12, 2022

The Numbers Are In, and They Are Staggering In our April 2022 blog , we announced that Sica | Fletcher had completed the most comprehensive study in the history of our industry on multiples paid in insurance agency and brokerage acquisitions. The answer we found was a resounding yes. The numbers are in, and they are truly eye-opening.

Insurance 52

Insurance M&A Valuation Sale 52

Sica Fletcher

MARCH 10, 2020

Here are some of the issues you should consider: 1) Getting to the Right Value (10 Times 0 Is Still 0) Preparing a company for sale to achieve the best result requires a fair amount of advanced preparation. that specializes in the insurance brokerage space and related industries that compliment it.

Private Equity 52

Private Equity Insurance Business Equities 52

Mergers and Inquisitions

MARCH 13, 2023

But since they were classified as “Held to Maturity” (HTM) on the Balance Sheet, they were not marked to market value – so this loss in market value did not affect the company’s regulatory capital: Not all the bank’s investments were in the HTM category; some were in the “Available for Sale” (AFS) category.

Banking 123

Banking Bank Funds Government 123

Focus Investment Banking

JANUARY 10, 2025

There’s also continued insurance challenges and a whole lot more. They’re doing $3,000,000 in sales at a 10% EBITDA profitability margin. By the time of this recording for 2023, sales for Gerber were $2.9 That valuation depending on how you look at it, boils down to 193% of sales or about 15 times EBITDA.

Private Equity 52

Private Equity Mergers and Acquisitions M&A Equities 52