Each month, we provide highly confidential listings of insurance agency and broker buying opportunities to our subscription clients. We communicate regularly with our network of more than 3,100 business intermediaries as well our network of consultants, attorneys, CPAs, bankers, DOIs and private equity firms, to provide valuable insight into selected new opportunities.
We currently have details on seven smaller shops in Texas and 17 in Florida, including newer agencies that would be considered “bolt on” acquisitions. The following is a sample “pocket listing” in this month’s client brief:
Shop A: Florida — Asking $825K / Revenue $492K. 50% personal lines / 50% commercial. Markets include: 21st Century, Bristol West, GMAC, Infinity, Progressive, Safeco, Unitrin, Am. Strategic (ASI), Bankers, Capital Preferred, Citizens, Fidelity National, Foremost, Gulfstream, Southern Fidelity, Ascendant, Bankers, Cypress, Employers, First Comp., Mid Continent, Montgomery , Summit, Travelers, Zurich. Code FKC53002
Open exposure of the desire to sell is a concern for most sellers because of the negative impact that information could have on markets, employees and clients. Being associated with STG provides you access to these opportunities, as well as the strongest array of financial tools and services available to support you with acquisition, perpetuation and operational needs in any part of the U.S.
Call us at 972-395-8811 and let us help you make 2012 a breakout year for you and your organization!
