Meritage Acquired

MidCap Advisors Client Meritage Wealth Insurance Advisors, LLC joins forces with AmeriLife Group, LLC

National Life Insurance General Agency to Expand Its Footprint Across the Insurance Distribution Sector

NEW YORK, June 2024 – Meritage Wealth Insurance Advisors, LLC (MWIA), a national point-of-sale, focused life insurance general agency serving financial professionals across the life, annuity, retirement, legacy, and business/executive benefits planning solutions spaces, has joined forces with AmeriLife Group LLC affiliate Saybrus Partners. AmeriLife is a market leader in life and annuity distribution. MidCap Advisors, LLC (MidCap) served as the exclusive financial advisor to Houston-headquartered MWIA, which maintains offices in New York, Arizona, Washington, and Maryland.

MidCap was retained by MWIA after directly receiving an unsolicited offer from a prospective buyer. MidCap ran a full transaction process for MWIA in which several high-quality offers were obtained. MWIA selected AmeriLife to enable the company to grow its footprint across the insurance distribution space.

“After receiving an unexpected offer, MWIA, which was founded just five years ago and has become respected for its sophisticated planning expertise, extensive operational capabilities and deep carrier relationships, became interested in working with us to explore its marketplace options,” said Douglas Hendrickson, Co-Founding Partner of MidCap, who led the deal team along with MidCap Vice President Brandon Bisack. “We formally brought the company to market and received several attractive offers. Following a thorough due diligence process, AmerLife was determined as the right fit for meeting MWIA’s client service, product, and strategic business objectives.”

“MidCap enabled us to get a handle on our position in the marketplace and to optimize our value,” said Chuck Adam, who along with Rick Stein, Jorge Fuentes, Erik Copeland, and Douglas Dunne, is a partner at MWIA. “With MidCap managing our transaction process, we were able to focus on running our company while the MidCap team vetted multiple offers and enabled us to uncover an ideal partnership with AmeriLife. We were able keep our time and attention directed at serving our clients while MidCap focused on our expansion objectives across the insurance distribution sphere.”

About AmeriLife Group, LLC

AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and financial professionals and more than 100 marketing organizations and insurance agency locations nationwide.

About MidCap Advisors, LLC

MidCap Advisors is a New York-based M&A advisory firm providing sophisticated financial advice and M&A transaction services to private companies. MidCap Advisors offers industry-leading analysis that integrates both quantitative and qualitative factors to accurately assess the total value of a transaction, ensuring it meets the client’s definition of success. Over the past 20 years, MidCap has become a recognized leader in insurance M&A and transactional support services. The firm also has extensive M&A expertise in other sectors such as healthcare, manufacturing, business, and technology services. The MidCap team’s deep experience as investment bankers has enabled additional focus on due diligence, consulting, and direct investing.

To learn more about MidCap’s insurance M&A experience, visit Insurance M&A .

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