Insurance Distribution Company Due Diligence & Contracts presented by Chris Hughes | Merger & Acquisition Services The materials presented during the webinar are for informational purposes only. They are not offered as and do not constitute an offer for a loan, professional or legal advice or legal opinion and should not be used as a substitute for obtaining professional or legal advice. Oak Street does not endorse any comments made by the speaker. All statements and viewpoints expressed in the comments are strictly those of the speaker alone, and do not constitute an official position of Oak Street.
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Insurance Distribution Company Due Diligence & Contractspresented by Chris Hughes | Merger & Acquisition Services
The materials presented during the webinar are for informational purposes only. They are not offered as and do not constitute an offer for a loan, professional or legal advice or legal opinion and should not be used as a substitute for obtaining professional or legal advice. Oak Street does not endorse any comments made by the speaker. All statements and viewpoints expressed in the comments are strictly those of the speaker alone, and do not constitute an official position of Oak Street.
Chris Hughes| Merger & Acquisition Services
• Managing Director of Insurance Distribution for Merger & Acquisition Services, specializing on insurance agencies, MGAs, MGUs, E&S
• Over10 years of insurance and legal experience
• Served as an advisor for a boutique firm in CT where his exclusive focus was on insurance distribution companies
• Spent 7 years as a senior product manager for Hartford Financial Services Group (“HIG”) with full P&L accountability for specialty products, and as director of HIG’s internal retained asset and structured settlement departments
• Practiced commercial litigation in Boca Raton, Florida
• Mr. Hughes was honorably discharged from active duty in the United States Marine Corps (USMC) in 1992
• Earned a J.D. degree from Northern Illinois University, a M.B.A. from the University of Connecticut, and a B.A. from the University of West Florida.
Buyer’s Attorney will deliver to Sellers attorney with 15 days of signed LOI.
Agreements vary in length and complexity Seller and Attorney will “Red-line” and “Negotiate” 2nd Draft of Agreement
within 10 to 15 days. Seller and Attorney will create “Schedules and Exhibits” Final Negotiations and Draft of Purchase Agreement generally takes 30 to 60
days from signed LOI. Closing and Flow of Funds date and process executed.
Due Diligence Completed Signatures Escrowed by Attorneys Physical Closing (Less Common) Transfer of Funds Memo Wires & Exchange of Signatures Congratulations!
Merger & Acquisition ServicesMerger & Acquisition Services, Inc., is an investment bank dedicated to providing the highest
quality strategic advice to companies within the insurance Sector.
As a trusted and dedicated adviser to our clients, we provide insight into industry trends and the capital markets, with the ultimate goal of providing comprehensive services to foster strategic growth and liquidity.
Highly qualified and experienced team of professionals Significant transaction experiences Broad and deep relationships and market knowledge Global reach; serving both domestic and international companies
We will distinguish ourselves through the following: Senior professionals prepared to make our client’s assignments our priority Unbiased advice based on thorough diligence, not transaction orientated Leveraging our advisors collective structuring, financing and corporate development expertise One of the few insurance investment banking boutiques with an affiliate registered broker-dealer
For over 10 years, Merger & Acquisition Services has assisted our clients in achieving their strategic goals.