We hope 2024 is off to a great start for you and your business.
Merger & Acquisition Services, Inc. completed another successful year in 2023 and we could not be prouder of the recognition that our Firm received.
M&A Services received the M&A DEAL OF THE YEAR AWARD ($75MM-$100MM) by The M&A Advisor for the Acquisition of American Reliable Insurance Company and its Farm, Ranch and Equine book of renewal business by Everett Cash Mutual Insurance Company from Global Indemnity Group, LLC (NYSE: GBLI), where M&A Services served as financial advisor to Global Indemnity Group, LLC. The same deal placed our Firm as a finalist for FINANCIAL DEAL OF THE YEAR and CORPORATE STRATEGIC DEAL OF THE YEAR ($50MM-100MM). Our Firm was also named Finalist for "Boutique Investment Banking Firm of The Year" by The M&A Advisor.
Additionally, M&A Services earned the "Highly Commended - Financial Advisory Firm of the Year" Award by Inside P&C Honors.
As always, we would like to express our greatest appreciation for our clients who have continually placed their trust in our services and expertise for over a quarter of a century. As always, we invite both our current and prospective clients to reach out to us and connect with one of our advisors during any upcoming industry events this year, where we will be on hand for face-to-face meetings, or at any other time that may be convenient. Please reach out to Vanessa Silva at vsilva@maservices.com to coordinate a meeting. All inquiries are kept strictly confidential.
Furthermore, M&A Services cordially invites you to join us and Oak Street Funding for a webinar on February 9th, 2024 at 12:00pm EST - “Successful Insurance M&A”. Chris Hughes, our Managing Director, and Kim Grathwohl, Vice President at Oak Street Funding, will discuss insurance valuation methodology, current valuation, deal structures, and the impact of debt and taxes on M&A transactions. Please click HERE to register.
And as we enter our 26th year in business, we are celebrating with a full redesign of our website, and we invite you to visit the site to explore our Services, learn more about our History, our team of Experts, and review our Achievements over the years. You may also engage with us on our Linked In page.
Our staff of professionals with more than 100 years of combined experience in insurance, reinsurance, and investment banking, looks forward to providing you with unparalleled concierge-level services and helping you achieve your corporate development goals in 2024 and beyond.
With all best wishes for the New Year,
Sincerely,
CEO
See all closed transactions here.
Throughout the year M&A Services travels to numerous locations, whether hosting a hospitality suite, serving as a panel speaker or just being on hand to meet face to face with clients and prospective clients to discuss the insurance marketplace.
Our advisors believe this interaction is critical to keeping pace with changing market conditions.
The list below represents select locations where our advisors will be available to meet with new and existing clients.
If you would be interested in meeting with us please contact Vanessa Silva at vsilva@maservices.com to schedule an appointment.
Additionally, our team is available for virtual meetings and conference calls to address any questions you may have regarding new strategies that are available to carry on with your corporate development goals.
All inquiries are kept strictly confidential.
M&A Services is considered to be the trusted source for insurance companies and agencies that seek to start up an insurance carrier operation, expand their geographic footprint or enter the US insurance market. Successfully completing over 100 Insurance Shell Company transactions in the past 10 years, M&A Services continues to be the leading advisor throughout the United States.
M&A Services brings a team of senior financial advisors who can assist in all matters of a transaction and are available to discuss the process of buying and/or selling an Insurance Shell Company.
Current P&C Opportunities:
Current L&H Opportunities:
Current P&C Agency/MGA Opportunities:
Please contact Paul Procops at pprocops@maservices.com to learn more about the process and the opportunities above.
Learn more about our Shell Transactions
M&A has been retained by a well-capitalized insurance group looking to acquire, through a loss portfolio transfer or reinsurance agreement, blocks of annuity (fixed or variable), life and/or Long Term Care Business. Our client is well versed in the management of these books of business and looking for carrier partners who seek a long term solution for blocks of business which are no longer core to their operations.
For more information on this project please contact Jason Murgio or Paul Procops.
2023 was solid year of U.S. insurance distribution transactions, with 640 announced transactions (according to S&P Global Market Intelligence), much more in line with the number of announced transactions in the pre-covid years of 2017 – 2019.
In 2023, commercial interest rates stayed at elevated levels in 7 -10% range, which likely played a role in fewer market transactions as some private equity players tightened their appetite. 2023 valuation and deal structures remained robust and at all time highs.
We expect that 2024 to be a robust year for insurance distribution firms in both volume of transactions as well as continued high valuations as the interest rate environment is expected to soften throughout the year.
For more information on Distribution and on how we can help you achieving your corporate strategic goals please contact Chris Hughes directly at chughes@maservices.com
Learn more about Distribution services
Through our registered broker-dealer, Merger & Acquisition Capital Services, LLC, we develop custom financing solutions for agencies of all sizes.
M&A Services' team of experienced dealmakers advises our clients through all aspects of capital financing and M&A transactions including sourcing lenders, producing offering memorandums, and assisting in preparing presentations for potential lenders and equity partners.
M&A Services' expertise and industry knowledge allow us to approach a diverse cross section of capital providers simultaneously which often reduces the total time to fund transactions. Because M&A Services manages the entire process, agency owners are free to focus on running their business rather than managing the capital raising effort.
If you are currently looking to raise capital for your agency, or MGA, to fund an acquisition, a partner buy-out/buy-in, or to refinance existing agency debt, contact us today to learn how Merger & Acquisition Capital Services, LLC can develop a customized solution for you.
Please contact Trevor Murgio directly at tmurgio@maservices.com . All inquiries will be held strictly confidential.
Learn more about Agency Financing
M&A Services’ Book Roll offers a unique opportunity for Program Managers and MGAs to maximize the fee income stream of their existing books of business without selling their agency. This strategy is ideal for principals that recognize the value of the business they produce but not interested in divesting ownership. It allows agency owners to extract the embedded value of stable, low loss ratio business by partnering with highly rated paper who can assist and foster growth of existing books of profitable business. The program provides the following benefits for agency principals:
M&A Services has over two decades of experience in the insurance sector, working with carriers, program managers and agencies, allowing us to help parties maximize their revenue stream. If you would be interested in learning more about how this Book Roll program works and if your agency might qualify, please contact Daniel Baransky directly at dbaransky@maservices.com. All inquiries are kept confidential and you incur no obligation to M&A Services.
We continue to see private equity strong at work in the marketplace. Whether it is the continued development of acquisitions on the distribution side or the development of program capacity through the creation of new carriers, private equity is hard at work. The creation of these carriers should theoretically add more capacity for both new programs or the movement of programs to a more ‘user friendly’ environment. Often these new carriers will combine both the new capacity and the ability to acquire the distribution as part of the process.
Now that face to face meetings at conferences are happening mostly in the way they used to before the pandemic, we look forward to getting back to the good old handshake meetings and sitting across the table and discussing program opportunities.
For more information on Programs or to schedule an appointment with our advisors please contact us at info@maservices.com.
Learn more about Program Business services
Merger & Acquisition Services is a boutique investment bank, specialist advisory and financial services firm devoted specifically to participants within the insurance industry.
Our mission is to provide concierge-level services and expertise within the insurance industry by assisting firms with their corporate development and acquisition/divestiture objectives. M&A Services has closed nearly 200 transactions over the past 25 years and has earned continuous placement within the “Top 5 Financial Advisors in Insurance Underwriting” according to S&P Global Market Intelligence/SNL Financial.
Our Services include:
CALL US TODAY at 212-750-0630 for a confidential consultation with one of our senior advisors.
Any information provided herein is indicative only, subject to change without notice, and does not constitute an offer to purchase or sell. Principals retain the exclusive right to negotiate and evaluate any transactions, and advisors of Merger & Acquisition Services, Inc. and Merger & Acquisition Capital Services, LLC. have no authority to do so. Merger & Acquisition Services, Inc. does not underwrite securities, nor advise on, nor effect transactions in securities for the account of others.
* Investment banking services and securities transactions are provided through and completed by Merger & Acquisition Capital Services, LLC., a broker-dealer registered with the U.S. Securities and Exchange Commission and member of FINRA and SIPC.
Copyright 2024 Merger & Acquisition Services, Inc. & Merger & Acquisition Capital Services, LLC. All Rights Reserved
We hope 2024 is off to a great start for you and your business.
Merger & Acquisition Services, Inc. completed another successful year in 2023 and we could not be prouder of the recognition that our Firm received.
M&A Services received the M&A DEAL OF THE YEAR AWARD ($75MM-$100MM) by The M&A Advisor for the Acquisition of American Reliable Insurance Company and its Farm, Ranch and Equine book of renewal business by Everett Cash Mutual Insurance Company from Global Indemnity Group, LLC (NYSE: GBLI), where M&A Services served as financial advisor to Global Indemnity Group, LLC. The same deal placed our Firm as a finalist for FINANCIAL DEAL OF THE YEAR and CORPORATE STRATEGIC DEAL OF THE YEAR ($50MM-100MM). Our Firm was also named Finalist for "Boutique Investment Banking Firm of The Year" by The M&A Advisor.
Additionally, M&A Services earned the "Highly Commended - Financial Advisory Firm of the Year" Award by Inside P&C Honors.
As always, we would like to express our greatest appreciation for our clients who have continually placed their trust in our services and expertise for over a quarter of a century. As always, we invite both our current and prospective clients to reach out to us and connect with one of our advisors during any upcoming industry events this year, where we will be on hand for face-to-face meetings, or at any other time that may be convenient. Please reach out to Vanessa Silva at vsilva@maservices.com to coordinate a meeting. All inquiries are kept strictly confidential.
Furthermore, M&A Services cordially invites you to join us and Oak Street Funding for a webinar on February 9th, 2024 at 12:00pm EST - “Successful Insurance M&A”. Chris Hughes, our Managing Director, and Kim Grathwohl, Vice President at Oak Street Funding, will discuss insurance valuation methodology, current valuation, deal structures, and the impact of debt and taxes on M&A transactions. Please click HERE to register.
And as we enter our 26th year in business, we are celebrating with a full redesign of our website, and we invite you to visit the site to explore our Services, learn more about our History, our team of Experts, and review our Achievements over the years. You may also engage with us on our Linked In page.
Our staff of professionals with more than 100 years of combined experience in insurance, reinsurance, and investment banking, looks forward to providing you with unparalleled concierge-level services and helping you achieve your corporate development goals in 2024 and beyond.
With all best wishes for the New Year,
Sincerely,
CEO
See all closed transactions here.
Throughout the year M&A Services travels to numerous locations, whether hosting a hospitality suite, serving as a panel speaker or just being on hand to meet face to face with clients and prospective clients to discuss the insurance marketplace.
Our advisors believe this interaction is critical to keeping pace with changing market conditions.
The list below represents select locations where our advisors will be available to meet with new and existing clients.
If you would be interested in meeting with us please contact Vanessa Silva at vsilva@maservices.com to schedule an appointment.
Additionally, our team is available for virtual meetings and conference calls to address any questions you may have regarding new strategies that are available to carry on with your corporate development goals.
All inquiries are kept strictly confidential.
M&A Services is considered to be the trusted source for insurance companies and agencies that seek to start up an insurance carrier operation, expand their geographic footprint or enter the US insurance market. Successfully completing over 100 Insurance Shell Company transactions in the past 10 years, M&A Services continues to be the leading advisor throughout the United States.
M&A Services brings a team of senior financial advisors who can assist in all matters of a transaction and are available to discuss the process of buying and/or selling an Insurance Shell Company.
Current P&C Opportunities:
Current L&H Opportunities:
Current P&C Agency/MGA Opportunities:
Please contact Paul Procops at pprocops@maservices.com to learn more about the process and the opportunities above.
Learn more about our Shell Transactions
M&A has been retained by a well-capitalized insurance group looking to acquire, through a loss portfolio transfer or reinsurance agreement, blocks of annuity (fixed or variable), life and/or Long Term Care Business. Our client is well versed in the management of these books of business and looking for carrier partners who seek a long term solution for blocks of business which are no longer core to their operations.
For more information on this project please contact Jason Murgio or Paul Procops.
2023 was solid year of U.S. insurance distribution transactions, with 640 announced transactions (according to S&P Global Market Intelligence), much more in line with the number of announced transactions in the pre-covid years of 2017 – 2019.
In 2023, commercial interest rates stayed at elevated levels in 7 -10% range, which likely played a role in fewer market transactions as some private equity players tightened their appetite. 2023 valuation and deal structures remained robust and at all time highs.
We expect that 2024 to be a robust year for insurance distribution firms in both volume of transactions as well as continued high valuations as the interest rate environment is expected to soften throughout the year.
For more information on Distribution and on how we can help you achieving your corporate strategic goals please contact Chris Hughes directly at chughes@maservices.com
Learn more about Distribution services
Through our registered broker-dealer, Merger & Acquisition Capital Services, LLC, we develop custom financing solutions for agencies of all sizes.
M&A Services' team of experienced dealmakers advises our clients through all aspects of capital financing and M&A transactions including sourcing lenders, producing offering memorandums, and assisting in preparing presentations for potential lenders and equity partners.
M&A Services' expertise and industry knowledge allow us to approach a diverse cross section of capital providers simultaneously which often reduces the total time to fund transactions. Because M&A Services manages the entire process, agency owners are free to focus on running their business rather than managing the capital raising effort.
If you are currently looking to raise capital for your agency, or MGA, to fund an acquisition, a partner buy-out/buy-in, or to refinance existing agency debt, contact us today to learn how Merger & Acquisition Capital Services, LLC can develop a customized solution for you.
Please contact Trevor Murgio directly at tmurgio@maservices.com . All inquiries will be held strictly confidential.
Learn more about Agency Financing
M&A Services’ Book Roll offers a unique opportunity for Program Managers and MGAs to maximize the fee income stream of their existing books of business without selling their agency. This strategy is ideal for principals that recognize the value of the business they produce but not interested in divesting ownership. It allows agency owners to extract the embedded value of stable, low loss ratio business by partnering with highly rated paper who can assist and foster growth of existing books of profitable business. The program provides the following benefits for agency principals:
M&A Services has over two decades of experience in the insurance sector, working with carriers, program managers and agencies, allowing us to help parties maximize their revenue stream. If you would be interested in learning more about how this Book Roll program works and if your agency might qualify, please contact Daniel Baransky directly at dbaransky@maservices.com. All inquiries are kept confidential and you incur no obligation to M&A Services.
We continue to see private equity strong at work in the marketplace. Whether it is the continued development of acquisitions on the distribution side or the development of program capacity through the creation of new carriers, private equity is hard at work. The creation of these carriers should theoretically add more capacity for both new programs or the movement of programs to a more ‘user friendly’ environment. Often these new carriers will combine both the new capacity and the ability to acquire the distribution as part of the process.
Now that face to face meetings at conferences are happening mostly in the way they used to before the pandemic, we look forward to getting back to the good old handshake meetings and sitting across the table and discussing program opportunities.
For more information on Programs or to schedule an appointment with our advisors please contact us at info@maservices.com.
Learn more about Program Business services
Merger & Acquisition Services is a boutique investment bank, specialist advisory and financial services firm devoted specifically to participants within the insurance industry.
Our mission is to provide concierge-level services and expertise within the insurance industry by assisting firms with their corporate development and acquisition/divestiture objectives. M&A Services has closed nearly 200 transactions over the past 25 years and has earned continuous placement within the “Top 5 Financial Advisors in Insurance Underwriting” according to S&P Global Market Intelligence/SNL Financial.
Our Services include:
CALL US TODAY at 212-750-0630 for a confidential consultation with one of our senior advisors.
Any information provided herein is indicative only, subject to change without notice, and does not constitute an offer to purchase or sell. Principals retain the exclusive right to negotiate and evaluate any transactions, and advisors of Merger & Acquisition Services, Inc. and Merger & Acquisition Capital Services, LLC. have no authority to do so. Merger & Acquisition Services, Inc. does not underwrite securities, nor advise on, nor effect transactions in securities for the account of others.
* Investment banking services and securities transactions are provided through and completed by Merger & Acquisition Capital Services, LLC., a broker-dealer registered with the U.S. Securities and Exchange Commission and member of FINRA and SIPC.
Copyright 2024 Merger & Acquisition Services, Inc. & Merger & Acquisition Capital Services, LLC. All Rights Reserved