I own a small (< $200K annual), non-producing TPA firm that only has DC plans in its inventory. After over 20 years in the business I am certain of a career change in the next year.
I have a couple of potential local buyers who I am gauging interest in and it will include a potential package sale with my employee involved.
I am interested in knowing others(buyers/sellers) experience with such transactions. How was the sale structured e.g. 25% of plan revenue over 4 years? 50% over 2?
Thanks in advance for any info.
