SeeBITDAOklahoma

Oklahoma businesses likely to sell

10 businesses in insurance agencies in Tulsa show several signs that an owner may be getting ready to sell: decades in business, the founder still running it, no family successor, or a shrinking workforce. Signals, not certainties: a good list to start conversations from.

BusinessEst. revenueEst. valueScore
THE HAWLEY GROUP, INC
Tulsa · Insurance Agencies and Brokerages · Owner: Stuart K. Hawley
  • In business 36 years (since 1990)
  • Founder still runs it after 36 years
  • No family successor named on its website
$1.2M$1.2M52
Oklahoma Medicare Insurance
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Scott Loochtan
  • In business 29 years (since 1997)
  • Founder still runs it after 29 years
  • No family successor named on its website
$815K$1.1M52
Derby Insurance Solutions - Tulsa Health Insurance Agency
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Bob Derby
  • In business 25 years (since 2001)
  • Founder still runs it after 25 years
  • No family successor named on its website
$815K$1.1M52
UNITED SAFETY & CLAIMS, INC.
Tulsa · Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds · Owner: Brad Smallwood
  • In business 30 years (since 1996)
  • Founder still runs it after 30 years
$10.0M$15.7M42
Rooney Insurance Agency, Inc.
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Kevin Hanover
  • In business 66 years (since 1960)
  • No family successor named on its website
$1.6M$2.4M40
GLEN EDWARDS & ASSOCIATES INC
Tulsa · Insurance Agencies and Brokerages · Owner: Dustin Wyzard
  • In business 68 years (since 1958)
  • No family successor named on its website
$876K$1.0M40
Insurica
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Tim Driskill
  • In business 107 years (since 1919)
  • No family successor named on its website
$815K$1.1M40
Modern Woodmen of America, Regional Office
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Tim Melton
  • In business 143 years (since 1883)
  • No family successor named on its website
$815K$1.1M40
INSURICA
Tulsa · Agencies, brokerages, and other insurance related activities · Owner: Tim Driskill
  • In business 107 years (since 1919)
  • No family successor named on its website
$815K$1.1M40
LEWIS INSURANCE, INC.
Tulsa · Insurance Agencies and Brokerages · Owner: Ralph W. Lewis
  • In business 79 years (since 1947)
  • Founder still runs it after 79 years
  • Family in the business (Jerry Lewis, Principal/ Senior Account Exec)
$292K$337K40

How the score works

Points for years in business (15, 25 and 40+ years), a founder still in charge after 20 years, no family member on the team after 25 years, and a headcount down 20% or more on recent retirement-plan filings. Points come off for family already in the business and for a recent sale or investment. Businesses scoring 40+ are listed. Founding years come from public records and the company's own website; see the methodology.