All posts by Suzanne Lachapelle

How do you structure the payout when you buy an agency?

We know that owners of independent insurance agencies sell for a variety of reasons. BD Capital can structure the purchase of your agency so that it is mutually beneficial to both you and BD Capital, and is sensitive to your tax situation—whether it’s over 10 years,  two years, or an outright buyout.

The first step is a conversation. Contact BD Capital today to find out if our approach is a good fit for your agency >

What about me and my current team?

BD Capital knows that owners often want to stay involved after selling the business. We work closely with owners to figure out what kind of involvement best suits them.

We often work with your current team, but add to it as growth and production grows. We like the principal to stay with us for a minimum of two years, to help transition the agency. But we have principals who stay longer than two years.

Everything BD Capital does is customized to the specific agency. Read more about our team and our approach to find out if your agency is a good fit for us.

 

Would this be a merger?

No, it’s not a merger. BD Capital works to design a customized acquisition strategy.

We have found that mergers rarely work out for owners, because ultimately, one party ends up winning and one party ends up losing. We do acquisitions, because acquiring lets us create a situation where both parties win.

The first step is a conversation. Contact BD Capital today to find out if our approach is a good fit for your agency >