OPTIS Partners was founded in 2002 by Tim Cunningham after a successful career in a privately owned insurance agency and other industry consulting firms. We have been involved with M&A transactions representing both buyers and sellers, and provided Fair Market Valuations and Ownership Perpetuation strategies for countless agencies throughout the country.
Insurance agency Merger & Acquisition (“M&A”) transactions continued the highly active pace during the 3rd quarter with a total of 132 reported sales and was the third highest quarterly total, behind only Q1- and Q2-2017.
Insurance agency Merger & Acquisition ("M&A") activity exploded during the 1st Quarter ("Q1") of 2017 with 185 reported transactions in the US and Canada and continued the stampede during the 2nd quarter with 135 transactions. The Q1-2017 activity was impacted, in part, from the formation of Alera Group, a new private-equity ("PE") backed firm that closed 24 separate deals on January 1, 2017, but it was still a record-setting pace without the Alera transactions.