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.
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We field anywhere from 15-30 calls every week from prospective buyers looking to purchase an insurance agency. We receive 1-2 calls per week from agency owners looking to sell their insurance agency. The difference between buyers and sellers in todays market is easily 30 to 1. In most cases we don’t have to market an agency, we already have a client that’s ready, willing and qualified to purchase it. Sellers have the ability to pick and choose their suitor and the terms at which they’re willing to sell. Of course the terms must be reasonable otherwise you’ll turn off good qualified buyers. The number one reason agencies don’t sell in this market is unreasonable pricing. Read more