BoyarMiller has decades of experience helping agents and owners of insurance agencies build and maintain the value of their businesses, especially in times of transition or sale.
Our senior deal team members have a long history in representing and selling agencies. We work alongside members of the merger and acquisition practice to build additional proficiency specific to the sale of insurance agencies. Recently, BoyarMiller’s insurance agency M&A team has handled transactions as small as a single owner as the primary producer to agencies with multiple offices, ten or more shareholders and numerous producers.
Our team assists agencies negotiating the sale documents and addressing the distinctive considerations of selling an agency such as:
- Unique and significant earnouts and related post-closing payment opportunities
- Equity of the acquirer as a portion of the purchase price
- Non-piracy and non-competition elements, including insurance agent non-compete agreements
- M&A referral bonuses
|Category||Acquisition Legal Services|