There were 359 announced insurance agency mergers and acquisitions in the first half of 2023, down 24% from 475 in the same period in 2022, according to OPTIS Partners’ M&A database.
Tag: agency M&A
Q1 Broker M&A Activity at Six-Year Low, But Poised for Growth: Optis Partners
According to an OPTIS Partners report, the first-quarter merger and acquisition (M&A) volume for insurance agencies and brokerages was the lowest since 2016. “It’s common to see first quarter M&A transactions fall significantly from the [fourth] quarter of the prior year as inventory shrinks and deal teams take a pause,” said OPTIS Partners in the… Continue reading Q1 Broker M&A Activity at Six-Year Low, But Poised for Growth: Optis Partners