Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS
OPTIS reports a 20% surge in insurance agency M&A deals during the pandemic year, driven by strategic consolidations and private equity interest.
Acrisure continued to lead all buyers with 108 transactions in 2020, which is consistent with their four-year average of about 100 deals per year.
Other top buyers were Hub International with 64 acquisitions (up from 52 in 2019) and Broadstreet Partners with 58 deals (up from 34 in 2019), and newcomer to the top of the list, World Insurance Associates with 42 (up from 18 in 2019). Other buyers considered “most active” include PCF Insurance with 36 (up from 6) and OneDigital with 29 (up from 17 in 2019).
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