Mergers and Acquisitions Mergers and acquisitions among managing general agencies (MGAs) appears to have leveled off.
“We had a lot of program clients and you can count on one hand the number of acquisitions that have gone through.” David Bresnahan, Lexington Insurance Company
M&A activity has slowed from the brisk pace witnessed a few years ago. There are still plenty of MGAs considering deals, but the valuations by potential buyers and sellers are often far apart.
Copyright © 2012 by A.M. Best Company, Inc. All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise.
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