Exit Preparation Counsel for Insurance Brokerage Acquisitions
Independent sponsor counsel for insurance brokerage, focused on Exit Preparation and the deal mechanics that protect sponsor economics and LP alignment.
The economics on a insurance brokerage platform deal usually hinge on a handful of structural decisions. Exit Preparation is one of them.
The typical insurance brokerage platform sits at $10M to $150M EV with EBITDA in the $3M to $25M range. The thesis runs on regional retail agency roll-ups. Producer non-competes are unenforceable in too many states to ignore. Plan retention, not litigation.
How Exit Preparation actually gets structured.
Clean the cap table 18 months before the planned exit window.
Refresh the IP, employment, and customer contract files for diligence readiness.
Build a quality-of-earnings ready financial package well before bankers come in.
Coordinate sponsor exit economics with the LP waterfall and any rolled-equity holders.
In insurance brokerage, layer in E&O tail insurance priced and bound as part of the Exit Preparation workstream.
Starting exit prep when the banker calls. By then, every fix costs price.
"Exit prep is what separates a 6x outcome from an 8x outcome. The work starts before the banker."Jason Powell · Exit Preparation
The deal is one thing. The capital that opens up after close is another.
The capital that opens up post-close, from refinancing to growth equity to strategic exit, runs through a small set of Wall Street relationships. That network is built in.
Related deal pages.
Transaction Fee Structuring for Insurance Brokerage
The fee paid at closing to the independent sponsor for sourcing, structuring, and closing the platform deal a…
Working Capital Adjustments for Insurance Brokerage
The closing-date true-up that protects the buyer from receiving a business stripped of normal-course working …
Representation & Warranty Insurance for Insurance Brokerage
A buyer-side insurance product covering breach of seller representations, reducing seller escrow and indemnit…
Indemnification for Insurance Brokerage
The seller's contractual promise to compensate the buyer for breaches of representations, covenants, and spec…
Exit Preparation for Healthcare Services
roll-up of physician practices and ancillary service lines
Exit Preparation for Home Services
regional roll-ups of HVAC, plumbing, and electrical operators
Bring the insurance brokerage deal. Get Exit Preparation done right.
Direct counsel from a securities and M&A attorney with billions in structured transactions, the independent-sponsor-native playbook, and the capital markets network that opens up post-close.