Mergers & Acquisitions
A key component of Carmouche Insurance’s business plan includes merging with and acquiring other insurance agencies. As you can see in Carmouche’s merger history, we have obtained 3 agencies over the years, and that acquisition strategy will continue. As a result of our expansion through acquisitions, we now have 4 offices as shown on our office locations page.
Our goal is to become a stronger, larger, regional insurance agency on the South coast. We intend to do so by populating our existing office locations and by acquiring agencies that will remain in their existing locations.
Carmouche’s continued success has resulted from acquisitions that have brought us:
Some of Carmouche’s best account managers and producers
Top managers and key executives
Important clients in various industries
Professional capabilities and areas of expertise
Carmouche is a different and better organization because of the many contributions that have been made by acquired agencies and their employees.
We are on the lookout for retail agencies in our geographical footprint that match up with Carmouche’s culture of genuine concern for our employees and our customers. We are interested in a wide variety of agency operations, including personal lines, benefits and commercial lines agencies. The typical agency that Carmouche has acquired in the past is in the $2 to $5 million revenue range, but some agencies have been smaller, and some larger. We are especially interested in agency principals who want to remain actively involved in the business after the sale of their agency.
If you would like to discuss your strategic options, please contact Charles Carmouche at Charles@Carmoucheinsurance.com