Retail Insurance Broker

The Company is an Insurance Broker which sells a vast array of insurance policies and manages policy renewals on behalf of Insurance Carriers. The Company handles all lines of retail insurance sales, including Home, Auto, Life, Commercial, and specialty lines of insurance. Additionally, the Company pilots new programs for Insurance Companies.

Key Aspects:
• The Company maintained an impressive average adjusted EBITDA margin of 52.5% and experienced continuous year-over-year growth from 2021 through 2024.
• The customer base is highly diversified, with no one customer making up even a single percent of sales from 2022 to 2024.
• The Company receives annually recurring revenue when policies renew, and 90% of 2024 revenue was attributable to policy renewals.
• The Company receives repeat revenue annually upon the renewal of insurance policies, and 90% of 2024 revenue was attributable to policy renewals.
• Having operated for more than 17 years, the Company is well established in a market with high barriers to entry.

Opportunities:
• Expand geographic service area to nearby states to increase the customer base and market share.
• Enhance risk assessment capabilities to address potential risks from extreme weather, economic uncertainty, and technological advancements.
• Capitalize on readily available business in the current service area, according to management.
• Identify and secure new customers by building connections with businesses that take insurance coverage payments for various services.

Headquartered:
Texas, U.S.

Current Markets
• The Company primarily serves individual members of the general public who hold existing insurance policies with the Company or are interested in utilizing the Company as the Carrier of a new insurance policy. Some businesses purchase policies from the Company as well. The Company’s individual and business customers are spread throughout Texas and parts of Louisiana.

Shareholder Objectives
• The Company is owned by a single shareholder who is seeking a full sale and is willing to remain with the Company for a negotiable transition period. Ownership is open to a variety of deal structures in order to facilitate a transaction.