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Jun 5, 2019 — Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: www.pronovapartners.com/engagement/high-net-portable-construction-heavy-commercial-agency/ Large, portable, construction-heavy book of commercial business is the result of six strategic acquisitions over eight years now offered as a collective opportunity for an established agency to cross-sell its way to long term profitability or fast-track a new agency’s launch. Since 2012, the company has specialized in construction-trade coverage and successfully grown into a robust and certifiable big book of business. Clients come from a broad geographical area and an immense range of trades seeking Worker’s Comp, general business liability and basic E&O coverage. The complexities of commercial mean that strong relationships are needed to for retention and to ward off internet shoppers. All files are loaded into AMS 360 for easy post-closing transition. A purchase will also include six active domains, some of which are generating inbound leads daily, plus all toll-free phone numbers that ring with new and recurring business. NDA is required for release of 25 page comprehensive Confidential Information Memorandum crafted by broker.
Facilities: Relocation encouraged. Space is currently integrated with Seller’s other business.
Competition: A competitive space but relationships keep retention high. Organic growth is expensive; acquisitions have been the fast track to sustainable progress.
Growth & Expansion: A tactical Buyer will capitalize on cross-selling opportunities then foray into growing emerging EPLI and protection against cyber-crimes and IT failures.
Financing: Seller will carry long-term for highly-qualified Buyers with a substantial down payment.
Support & Training: 4 weeks @ 20 hours per week.
Reason for Selling: Taking over another family business.
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