One of our Associate Directors will visit you and will conduct a Business Sale Consultation. It is in this meeting where the fundamental details of the sale project will be agreed. During this appraisal, the Associate Director will conduct a market appraisal for your business, and a guide price will be set. This appraisal will be based on both the details of the business, and the current market climate for an Insurance Brokerages.
When we market your business to clients interested in the insurance sector, we can do so confidentially, without revealing critical information.
We utilise multiple channels of communication to target specific groups depending on the unique nature of your insurance business. Our main channels for marketing communications includes the use of email marketing tools to create bespoke campaigns; dedicated research aimed at identifying appropriate buyers; the collation of an Information Memorandum (IM) for distribution through our Corporate Sales Process; in addition to matching your business specifications against our extensive database of registered buyers to identify and liaise with potentially interested parties.
An Information Memorandum is a formal sales brochure that is distributed to interested parties. The brochure provides them with a summary of your business, highlighting key selling factors along with a relevant information regarding your business. Ultimately, an IM provides an interested party with an enhanced overview and an informed insight into your unique opportunity.
You may wish to stipulate an ‘earn out’ period for the purchasers as the business transitions under new ownership, the length of this period will be down to your discretion.
Our market analyse has indicated that buyers in the insurance market require a minimum turnover threshold of £250,000 per annum and at least 2 partners or directors within the company.