2026-07-06
Deal Volume Is Bottoming Out, Not Drying Up: Why P&C Agency Consolidation Is Now a Permanent Fixture
National agency M&A has cooled from its 2023 peak, but OPTIS Partners' latest count shows deal volume stabilizing around 650 a year with private equity still driving most activity — a sign that consolidation pressure on independent P&C agencies is structural, not cyclical.