Sica Fletcher

JULY 11, 2024

While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs. Equity used to consist of senior debt (i.e., the amount all common shareholders invest in the brokerage).

Insurance 52

Insurance M&A Debt Equities 52

Sica Fletcher

APRIL 11, 2024

personal debt, business/legal liabilities, time-sensitive investment opportunities) may prompt owners to sell quickly. Generally, these fall into two distinct categories of advisory firms or investment banks. M&A Advisory Firms For the vast majority of insurance agency sellers, you will likely work with an M&A advisory firm.

Insurance 52

Insurance Advisory M&A Investment Banking 52

Sica Fletcher

JULY 31, 2024

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Look at industry publications and data centers to identify which advisory firms have the best reputations.

M&A 52

M&A Insurance Debt Equities 52

Focus Investment Banking

JUNE 8, 2023

Argyle is a leading advisory and creative services provider for US public company shareholder communications. Founded in 2014, Argyle is experiencing robust growth in the U.S. The transaction is entirely financed by debt with a banking group arranged by BNP-Paribas and Société Générale* for a total amount of 23 million.

Investment Banking 52

Investment Banking Bank Banking Acquisitions 52

Sica Fletcher

SEPTEMBER 25, 2019

The predictability of the cash flows enables the acquiring entity to use debt in the capital structure, which dramatically increases the returns. About Us Among the brokerage community, Sica | Fletcher is well known as the leading strategic advisory firm in the U.S.

Private Equity 52

Private Equity Equities Insurance Capital 52

Sica Fletcher

MAY 8, 2024

Other times, they are hoping to use their share of the sale to alleviate personal debt. And it certainly does not stop less-than-reputable advisory firms from agreeing to represent you and taking their regular retainer fees, despite knowing full well your agency can’t be sold. Manageable Debt. Are looking for a career change.

Insurance 52

Insurance M&A Valuation Advisory 52

Sica Fletcher

MARCH 8, 2024

Deal Processes Will Be Longer and More Complicated Than Usual In deals on which we’ve consulted and those we’ve monitored, our teams have noted a remarkably larger number of deals in which buyers take on a greater amount of equity in their payout to compensate for the higher cost of debt and equity capital for potential buyers.

Insurance 52

Insurance M&A S&P Valuation 52