by PatAdmin | Mar 21, 2023 | Uncategorized
It has finally happened. The interest rates have caused a slowdown for many buyers in the insurance agency market. Most of the buyers are using leverage to purchase these agencies. I am sure most buyers saw this coming and secured their borrowing for future...
by PatAdmin | Feb 20, 2023 | Uncategorized
As we move into 2023, Sukay & Associates understands the ebbs and flows of the insurance agency world. Typically, the insurance business usually takes a positive turn for agency owners at this time, with big renewals done and vacations scheduled out on the...
by PatAdmin | Oct 27, 2022 | 3 Questions
We’re back with our “Three Questions” series. Today’s quest is Richard G. Satin, Managing Partner of Satin and Lee. Richard has extensive experience representing targets and acquirers in mergers and acquisitions; corporate issuers and investors...
by PatAdmin | Oct 18, 2022 | Uncategorized
Question: Interest rates have increased, so what does that mean for insurance agencies looking to sell their business? Many buyers in the market to purchase insurance agencies borrow money to pay for the agencies they buy. A loan will cause the cost of the purchase to...
by PatAdmin | Sep 26, 2022 | Uncategorized
Question: “I have decided that I need to sell my insurance agency, so is it a financial or emotional decision?” Show me the money! If you think I am going to say it is not about money, you would be wrong. The decision to sell usually starts as a financial...
