The number of private equity-backed competitors has “quadrupled”
Private equity has transformed the mergers & acquisitions (M&A) environment among insurance agencies and brokerages, with one agency owner saying the number of private equity-backed competitors buying up firms has “quadrupled” over the past decade.
“I think the buyer might be a little different now,” said PointeNorth Insurance Group CEO, principal, and president Bill Skeeles (pictured).
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