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Selling your agency for maximum value doesn't mean going at it alone. Working with a partner like Legacy Advisors is a value-add that allows you to leverage an expansive network of buyers, a team of experts who have done this before, and a proven process.
Don't just take our word for it, hear what our clients have to say.
Hear from our
clients.
Understand why agency
owners decide to sell their businesses.
Selling your business doesn't have to mean it's the end of the road. There can be many motivators to sell based on your personal goals. In these videos, agency owners share why they decided to sell their businesses.
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Selling your agency for maximum value doesn't mean going at it alone.
Hear from
Agency Owners
Working with a partner like Legacy Advisors is a value-add that allows you to leverage an expansive network of buyers, a team of experts who have done this before, and a proven process.
Don't just take our word for it, hear what our clients have to say.
Selling your agency for maximum value doesn't mean going at it alone. Working with a partner like Legacy Advisors is a value-add that allows you to leverage an expansive network of buyers, a team of experts who have done this before, and a proven process.
Don't just take our word for it, hear what our clients have to say.
Hear from
Agency Owners
Hear from our
clients.
Selling your agency for maximum value doesn't mean going at it alone.
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Get your questions answered.
Selling your agency is a big deal. Our team is happy to answer any additional questions you may have.
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I have considered going to market on my own. Why should I work with Legacy?To remove doubt and increase their level of confidence, many of our clients choose to work with us after receiving offers directly from buyers. In these cases, on average, we obtain offers that are 30%+ higher.
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I am ready to take the first step. What does the beginning of your process look like?We start the process by getting to know you, your business, and your goals. During this conversation, we equip you with insights about the current market and educate you on our process. If you wish to get a sense of what a buyer might pay for your business we’ll then obtain financials under NDA and provide a valuation.
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How do you determine the value of my business?In most cases, we value an insurance agency off of a Pro Forma EBITDA multiple. Depending on your profile and your ideal buyer profile, we may consider other strategies.
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How do you maintain confidentiality throughout the sale process?Prior to obtaining financials for a business valuation, we sign mutual NDAs with all our clients. We also have all prospective buyers sign mutual NDAs before providing them with any client information.
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What will be my level of involvement, what should I expect Legacy to do, and how frequently can I expect updates?Running a business is a full-time job. Selling a business (confidently) is also a full-time job. It’s hard to do both well at the same time. Throughout the process, we spend time setting expectations, educating, and prepping our clients so they know what to expect. We take on the heavy lift throughout the journey and provide updates on a daily or bi-weekly basis.
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Do you provide guidance on the transition period after the sale, including how this impacts my employees and clients?We have been in your shoes and understand the nuances that come with selling your business. As your partner, we can provide guidance and advice that goes beyond the transaction.
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What does it cost to work with Legacy Advisors?We believe in alignment. The only time our clients pay us is upon their successful close. On average, we generate 30%+ more value for our clients, inclusive of our fees, compared to offers they received previously.
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Do you help sell businesses in other industries?No. Insurance is the only industry we represent sellers in.
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A lot of brokers represent buyers and sellers. Does Legacy?No. We believe there is an unavoidable conflict of interest in doing both. We only represent sellers.
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What makes your team different?Our team is led by previous agency owners as well as private equity professionals. This affords us a unique perspective and collective experience to offer to our clients. We bring financial expertise, a deep understanding of how buyers think, and a complete knowledge of how to operate, scale, and successfully exit an insurance agency.
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Can you provide references from past clients who have used your services to sell their businesses?We’re happy to make an introduction. Email us at team@legacy-advisors.com with the request and we’ll connect you. In the meantime, feel free to watch our clients share their stories above.
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Why do most agency owners decide to work with Legacy?Selling your business is complex. Our clients work with us because they want to feel confident in their decisions along the way. Our goal is to make sure you choose the ideal buyer, achieve the maximum sales price, and negotiate the best deal structure based on your personal goals.
-
What is your strategy for finding qualified buyers for my business?We have over 60 agencies in our network of prospective buyers ranging from local niche-based agencies to the largest PE-backed businesses in the country. Depending on your goals we engage with those agencies that will offer you the right financial offer and a strong day-2 culture.
-
How long does it typically take for you to sell an agency?The typical process from our first conversation to the successful close is 6 months. A lot of factors can affect this timeframe but most deals fall within the 4-8 month range. You can read more about our 5-step process below.
-
What services do you provide to prepare my business for a sale?We begin with a full valuation. If the expected range meets our client’s goals, we support them through every step of the process. For a better understanding of what that journey looks like our one-page process document can be viewed or downloaded below.
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Working with a partner like Legacy Advisors is a value-add that allows you to leverage an expansive network of buyers, a team of experts who have done this before, and a proven process.
Don't just take our word for it, hear what our clients have to say.
Gain insights
from our newsletter.
Gain insights
from our newsletter.
Gather the data.
Legacy Advisors offered strategic recommendations to this agency owner that resulted in a $2.7MM higher sale price.
Timing the sale for maximum value
We specialize in sell-side insurance deals only which means our sole focus is to help insurance agency owners successfully sell their businesses.
Our Process
In 2023, clients who received previous offers on their own or with another advisor sold their business for 30%+ more with Legacy Advisors.
30%+ more value
for our clients
Selling your agency is a big deal. Our team is happy to answer any additional questions you may have.
Get your questions answered.
-
I have considered going to market on my own. Why should I work with Legacy?To remove doubt and increase their level of confidence, many of our clients choose to work with us after receiving offers directly from buyers. In these cases, on average, we obtain offers that are 30%+ higher.
-
I am ready to take the first step. What does the beginning of your process look like?We start the process by getting to know you, your business, and your goals. During this conversation, we equip you with insights about the current market and educate you on our process. If you wish to get a sense of what a buyer might pay for your business we’ll then obtain financials under NDA and provide a valuation.
-
How do you determine the value of my business?In most cases, we value an insurance agency off of a Pro Forma EBITDA multiple. Depending on your profile and your ideal buyer profile, we may consider other strategies.
-
How do you maintain confidentiality throughout the sale process?Prior to obtaining financials for a business valuation, we sign mutual NDAs with all our clients. We also have all prospective buyers sign mutual NDAs before providing them with any client information.
-
What will be my level of involvement, what should I expect Legacy to do, and how frequently can I expect updates?Running a business is a full-time job. Selling a business (confidently) is also a full-time job. It’s hard to do both well at the same time. Throughout the process, we spend time setting expectations, educating, and prepping our clients so they know what to expect. We take on the heavy lift throughout the journey and provide updates on a daily or bi-weekly basis.
-
Do you provide guidance on the transition period after the sale, including how this impacts my employees and clients?We have been in your shoes and understand the nuances that come with selling your business. As your partner, we can provide guidance and advice that goes beyond the transaction.
-
What does it cost to work with Legacy Advisors?We believe in alignment. The only time our clients pay us is upon their successful close. On average, we generate 30%+ more value for our clients, inclusive of our fees, compared to offers they received previously.
-
Do you help sell businesses in other industries?No. Insurance is the only industry we represent sellers in.
-
A lot of brokers represent buyers and sellers. Does Legacy?No. We believe there is an unavoidable conflict of interest in doing both. We only represent sellers.
-
What makes your team different?Our team is led by previous agency owners as well as private equity professionals. This affords us a unique perspective and collective experience to offer to our clients. We bring financial expertise, a deep understanding of how buyers think, and a complete knowledge of how to operate, scale, and successfully exit an insurance agency.
-
Can you provide references from past clients who have used your services to sell their businesses?We’re happy to make an introduction. Email us at team@legacy-advisors.com with the request and we’ll connect you. In the meantime, feel free to watch our clients share their stories above.
-
Why do most agency owners decide to work with Legacy?Selling your business is complex. Our clients work with us because they want to feel confident in their decisions along the way. Our goal is to make sure you choose the ideal buyer, achieve the maximum sales price, and negotiate the best deal structure based on your personal goals.
-
What is your strategy for finding qualified buyers for my business?We have over 60 agencies in our network of prospective buyers ranging from local niche-based agencies to the largest PE-backed businesses in the country. Depending on your goals we engage with those agencies that will offer you the right financial offer and a strong day-2 culture.
-
How long does it typically take for you to sell an agency?The typical process from our first conversation to the successful close is 6 months. A lot of factors can affect this timeframe but most deals fall within the 4-8 month range. You can read more about our 5-step process below.
-
What services do you provide to prepare my business for a sale?We begin with a full valuation. If the expected range meets our client’s goals, we support them through every step of the process. For a better understanding of what that journey looks like our one-page process document can be viewed or downloaded below.