Insurance Agency M&A Declining Compared to 2012
Looming tax increases drove more deals last year, according to Optis report; now sellers are deferring as inventory declines in an effort to recoup some of the tax increases.
INN Breaking News, August 19, 2013
The number of insurance agency mergers and acquisitions declined to 46 in the second quarter from the 76 transactions reported in Q1, according to “Agent-Broker Mergers & Acquisitions June 2013,” from Optis Partners, an agent-broker M&A advisory firm. In the first half of this year, there were 122 reported acquisitions in the United States and Canada, compared to 133 deals last year.
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