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For Immediate Release

Hales & Company Announces Mergers & Acquisitions Seminars

New York City, NY — March 19, 2008 — Hales & Company announced today that it will be conducting three full day seminars on Mergers & Acquisitions at the following locations:

  • May 7, 2008 — San Francisco, Le Méridien Hotel
  • May 15, 2008 — Dallas, Ritz Carlton Hotel
  • June 4, 2008 — Chicago, Westin River North Hotel

The information-intensive full day seminar is geared toward agency owners and executives, banking executives, private equity groups and other insurance industry professionals who have a need for timely, relevant mergers and acquisitions data and information. The subject matter is tailored to the agency system and unveils such topics as the key drivers behind industry consolidation; who are the leading acquirers, agency valuation and deal structures; the impact of banks and private equity groups on consolidation; what prices are currently being paid by the different buyer groups and effective M&A strategies for both buyers and sellers. In addition, there will be a panel discussion led by the leading acquirers in the industry, including public brokers, national brokers, banks and private equity groups.

According to John Kraska, Managing Partner of Hales, "We are very excited to launch these informative seminars led by our professionals who have negotiated hundreds of transactions, including many of the industry's marquis deals. Joining them will be a buyer's panel that includes senior executives who are driving consolidation in our industry. Seminar attendees will have an opportunity to understand insights and strategies directly from these distinguished panelists: what types of agencies they look for, how they view valuation and what life is like after the deal."

Rob Lieblein, Managing Partner of Hales, stated: "What makes our seminar stand out is the amount of data and analysis that we provide to attendees. Whether they are a buyer or seller, participants will be able to take with them information and material that they can incorporate into their own M&A strategies. In addition, all participants will receive a free copy of our Insurance M&A Insights — 2008 Industry Sourcebook, which includes over 300 pages of detailed information on 2007 transactions and trends and developments for the future."

To reserve your seat, please call 859.692.2157 or register online at www.nuco.com/MandA. Seminar participants will receive a free copy of the book, Insurance M&Amp;A Insights — 2008 Industry Sourcebook, a $250 value if purchased separately.

Event Sponsored by The National Underwriter Company

About Hales & Company:
Hales & Company, with offices in New York City, Harrisburg, Chicago, Seattle, San Francisco, Southern California, Hartford and Washington, is the leading M&A firm in the insurance distribution industry. During 2007 Hales closed 30 transactions with an approximate deal value of $462 million. Over the past 4 years, Hales has completed more than 80 transactions worth in excess of $1.8 billion.

Media Contact
Robert J. Lieblein, Managing Partner
Hales & Company
(P) 717-541-9300 ext 101
rlieblein@halesgroup.com

 

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