What to Expect During the Acquisition Process
Navigate the acquisition process confidently with this step-by-step guide, from discovery calls to closing the deal.
Navigating the acquisition process can feel daunting, but knowing what to expect makes it much easier. Here’s a step-by-step guide to help you understand what’s involved and how August Insurance Group works to ensure a smooth and efficient transition.
Step 1: Initial Discovery Call
The process begins with a Discovery Call to discuss your goals, agency performance, and vision for the future.
This call helps determine if your agency aligns with AIG’s mission and values.
Step 2: Agency Valuation
Using tools like our Valuation Tool, we assess your agency’s value based on factors like revenue, client base, and growth potential.
This provides a preliminary range and sets expectations for the next steps.
Step 3: Due Diligence
Once terms are agreed upon, the due diligence phase begins.
During this phase, we review your agency’s financials, operations, and client retention metrics to ensure transparency and accuracy.
Step 4: Structuring the Deal
We work together to structure the deal based on your goals—whether it’s a retirement transition or a partnership through the Powered by August model.
Tax implications, compensation packages, and operational changes are addressed during this phase.
Step 5: Transition Planning
A detailed transition plan is created to ensure a seamless handover of ownership.
We prioritize employee retention, client communication, and operational continuity.
Step 6: Closing the Deal
Once all terms are finalized, we move to closing. Funds are distributed, contracts are signed, and the partnership or transition officially begins.