with August Felker · Murphy Insurance Group
LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.
Buyer sought to acquire an insurance brokerage in a target geography using knowledge of the industry and mentorship from successful search fund operators.
Business grew modestly over five to six years with some challenges in sales hiring and seller transition management; multiple expansion from market conditions more than organic growth drove eventual profitability and exit value.
SBA loan filings we matched to this deal