I’m sure many of you have heard that Mercury Insurance Company acquired The Auto Insurance Specialists. This came as quite a shock to many people in the insurance industry. You can read the full article here.

One of the best reasons to hire a Business Broker to sell your business is they keep the transaction moving along. We can’t tell you how many times we’ve heard people say “We were in a deal, but the buyer stopped calling and it fell apart”. Most people hear the term Broker and the first thing that comes to mind is “How much will it cost me”?

The answer is quite simple; you pay a percentage of the sale price to a Broker to sell the business for you. You shouldn’t have to pay an upfront fee because there are plenty of Brokers out there that don’t charge one. When you sell a home, the Real Estate Agent never charges a retainer to list your home - if it’s sold - they get paid.

A Few benefits of hiring an Intermediary are listed below: Continue reading "Business Brokers keep the Transaction Moving to a Close"

Las Vegas NV. - Advance Insurance Services acquired the assets of J.D Ellington Insurance Services, Inc. the transaction was completed April 30th. Terms of the transaction were not disclosed. 

Ganis Consulting www.ganisco.com assisted in facilitating this transaction and brought the parties together to complete the sale. Ganis Consulting is a Los Angeles Based Insurance Consulting firm that specializes in insurance agency acquisitions.

Click here to read the entire article.

The California Department of Insurance website is a great tool to use when acquisition hunting, recruiting, renewing your insurance license or checking the latest news in the industry. You should pay particular attention to Continue reading "California Department of Insurance Website License Status"