FAQs

At Northfield Acquisitions, we understand that buying an insurance agency or law firm is a significant decision. Below, we’ve addressed some common questions to help you better understand our process and how we can assist you.

How long does it take to find the right business?

That’s a great question—and one we hear often. The timeline can vary depending on several factors. It could take as little as a month, or as long as five months, to find the right seller. Much of the process depends on you and your specific preferences. For example, after reviewing the financials of a seller, you may decide to pass on the opportunity. Or you might find that certain carrier relationships don’t align with your goals, or that you and the seller aren’t a good fit. Financing can also take time, often 60 days or longer. Rest assured, if one deal doesn’t work out, we’re committed to finding the right one for you.

Why is Northfield Acquisitions the right company to work with?

I love this question. With over 40 years of experience, I believe our expertise is unmatched. I’ve been licensed since 1980, and our team specializes exclusively in these fields. We don’t just find businesses to buy—we guide you through the process, ensuring integrity and fairness on both sides of the transaction. Our goal is for both buyer and seller to walk away from the deal knowing they’ve achieved a good outcome. This balance is key to our success.

Is this the right time to buy a business?

Absolutely. Based on my experience—having made over a million calls for commercial lead generation and helped thousands of businesses grow—acquiring the right business is one of the most effective ways to scale your business. Building your business through individual commercial producers can take years, but purchasing a well-established business allows you to grow quickly. Regardless of interest rates or market conditions, the right acquisition can be a game-changer for your business.

What are the fees for your services?

We can discuss that in a conversation. We get paid a small percentage of the sales price.

What types of businesses do you specialize in?

We focus exclusively on property and casualty (P&C) insurance agencies and personal injury law firms. This is where our expertise lies, and we believe this specialization gives us—and our clients—a distinct advantage. We have a deep understanding of the markets, from provider relationships to customer retention strategies, which allows us to identify businesses that align with your growth goals and operational needs.

How do you ensure the businesses you present are a good fit?

Our process is designed to ensure we present only the best opportunities. We take the time to understand your business model, your carrier relationships, and your long-term goals. We also conduct thorough due diligence on each agency we present, vetting them for revenue stability, book of business quality, and retention and loss ratios. This targeted approach saves you time and increases the likelihood of a successful acquisition.

What if I’m not happy with the first business you find?

If the first business doesn’t meet your expectations—whether due to financials, carrier relationships, or compatibility with the seller—we’ll keep looking. We’re committed to finding a business that aligns with your vision, and we won’t stop until you’re satisfied with the match.

Have more questions? ‍
‍Contact us today and let’s discuss how Northfield Acquisitions can help you grow your business through strategic acquisitions.

Frequently Asked Questions (FAQ)

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