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Mel Butterfield & Son Insurance Agency INC

Based on public information · Profile not yet claimed

Independent agency

Offices: Lima · Ohio
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Ownership history

  • Ownership change documented · 1992 · Ty Butterfield purchased agency from father Joe in 1992

Historical event. Not a sale signal, and it does not rule out future candidacy if new evidence supports it.

Mel Butterfield & Son Insurance Agency INC is an independent insurance agency licensed in Lima, OH. Lines listed: Auto, Home, Small Business, Life Insurance. Founding or history: 1942. Public information is not yet enough for an Agency Match assessment. 14 publicly sourced facts with links.

How we determined the info on this profile
  • License record: taken from the state license roster.
  • Offices: based on offices listed on the agency's website. More than one office can count toward the Looking to Buy score.
  • Lines of business: based on text on the agency's website. They can count toward the Strategic Partnership score.
  • Leadership: based on text on the agency's website. It can count toward the Mentorship & Peer Connection score.
  • Looking to Buy: not enough public facts for a score.
  • Open to Selling: not enough public facts for a score.
  • Mentorship & Peer Connections: not enough public facts for a score.
  • Business Partnerships: not enough public facts for a score.

Research

Detailed profile

Geography

1 documented offices

Ownership events

3

Ownership

Not confirmed

Agency Match assessments

Agency Match uses public information and a proprietary scoring model to identify possible business opportunities. Ratings indicate potential, not confirmed interest, unless explicitly noted.

Looking to Buy

Insufficient Evidence

Public signs the agency buys or absorbs other agencies: past acquisitions, growth by acquisition, added offices and the depth to integrate a book.

Why: Public history of 15+ years in business or in the industry

What this rating was based on (1 factor)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Public history of 15+ years in business or in the industry (supporting)+5 pts

Total: 5 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.

Confidence (separate from the rating): not given without a rating · 1 facts from 1 website.

Not known publicly: Whether the agency is buying now and at what size; Financing and integration capacity.

Open to Selling

Acquisition Research Fit

Low · 8

Acquisition Research Fit is low. Formation year 1942 is on a verified record (84 years in operation). The rating stays Low because years in operation and size are a business profile, not a transition. This is not a statement that the agency wants to sell.

Transition signals

  • This agency has bought another book or agency. That is buyer activity.

Countervailing evidence: This agency has bought another book or agency. That is buyer activity.

Confidence: low. Separate from the rating.

Not on file: Owner tenure is not established; No internal succession document; Confirmed sale interest is unknown.

Confirmed sale interest: Unknown

Mentorship & Peer Connections

Insufficient Evidence

Public signs of industry standing and willingness to share know-how: association leadership, teaching, memberships, recognition and tenure.

Why: Public history of 15+ years in business or in the industry; public history of 30+ years in business or in the industry

What this rating was based on (2 factors)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Public history of 15+ years in business or in the industry (supporting)+10 pts
  2. Public history of 30+ years in business or in the industry (supporting)+5 pts

Total: 15 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.

Confidence (separate from the rating): not given without a rating · 2 facts from 1 website.

Not known publicly: Whether the principals want to mentor or be mentored.

Business Partnerships

Insufficient Evidence

Public signs the agency would complement others: niche specialties, referral or partner relationships, broad carrier access, both personal and commercial lines, and regional reach.

Why: Several documented lines of business

What this rating was based on (1 factor)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Several documented lines of business (supporting)+10 pts

Total: 10 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.

Confidence (separate from the rating): not given without a rating · 2 facts from 1 website.

Not known publicly: Which partnerships the agency would welcome; Carrier appointments not published online.

Record & channel

License recordPublicly sourced

Ohio resident business-entity license (NPN 957631), licensed at Lima, OH

gateway.insurance.ohio.gov
ChannelPublicly sourced

Independent agency

“it is important to discuss the proper coverages with your local independent agent.”
butterfieldinsuranceagency.com
OwnershipUnknown

Not confirmed. Names on a website or license are not treated as proof of who owns the agency.

Website: butterfieldinsuranceagency.com

Locations & footprint

Lima, Ohio

Operating office

PublishedBrowse city

Documented offices are not necessarily the full service area. Acquisitions do not establish additional offices.

Highlights

Auto, Home, Small Business, Life InsuranceFounding: 1942

Story so far

  1. —

    Family-owned, third and fourth generations

    Published
  2. 1992

    Ty Butterfield purchased agency from father Joe in 1992

    Published
  3. —

    Family owned business, third and fourth generation

    Published

People & affiliations

Ty Butterfield is PresidentPublished

Ty Butterfield is the President of Mel Butterfield & Son Insurance Agency, Inc.

Paul Butterfield is agentPublished

Paul joined the Butterfield Agency in May 2008 to become the fourth generation in the family business.

Names & entities

MEL BUTTERFIELD & SON INSURANCE AGENCY INCRecord

Legal name on license record

Facts from published sources (14 verified)

FoundingPublicly sourced

1942

“Proudly serving the insurance needs of Lima, Ohio and surrounding areas since 1942”
butterfieldinsuranceagency.com
Office locationPublicly sourced

Office location: 327 W High St Lima, OH 45801

“327 W High St Lima, OH 45801”
butterfieldinsuranceagency.com
IndependentPublicly sourced

Independent Agent

“it is important to discuss the proper coverages with your local independent agent.”
butterfieldinsuranceagency.com
Ownership eventPublicly sourced

Family-owned, third and fourth generations

“Our family-owned agency, now in its third and fourth generations, is dedicated to providing personalized, client-focused insurance solutions.”
butterfieldinsuranceagency.com
Line of businessPublicly sourced

Auto, Home, Small Business, Life Insurance

“Auto Insurance Whether it is protecting yourself from others, protecting others from you, or protecting your vehicles, it is important to discuss the proper coverages with your local independent agent. Home Insurance From your home, to your belongings, to your personal liability, all of these are major concerns that should be discussed in great detail with a qualified insurance professional. Small Business If you own your own business, it is typically your biggest asset. It is important that you properly protect that business so that it can flourish long into the future. Life Insurance Should something happen to you, being able to provide for your family is the greatest gift that you can leave them.”
butterfieldinsuranceagency.com
Market servedPublicly sourced

Lima, Ohio and surrounding areas

“Proudly serving the insurance needs of Lima, Ohio and surrounding areas since 1942”
butterfieldinsuranceagency.com
Office locationPublicly sourced

327 W High St Lima, OH 45801

“327 W High St Lima, OH 45801 Hours: Mon-Thur 8:00AM - 5:00PM Fri 8:00AM - 4:30PM”
butterfieldinsuranceagency.com
FoundingPublicly sourced

1942

“Since 1942, Butterfield Insurance has proudly served Lima and the surrounding communities.”
butterfieldinsuranceagency.com
LeadershipPublicly sourced

Ty Butterfield is President

“Ty Butterfield is the President of Mel Butterfield & Son Insurance Agency, Inc.”
butterfieldinsuranceagency.com
LeadershipPublicly sourced

Paul Butterfield is agent

“Paul joined the Butterfield Agency in May 2008 to become the fourth generation in the family business.”
butterfieldinsuranceagency.com
AcquisitionPublicly sourced

Ty Butterfield purchased agency from father Joe in 1992

“He purchased the agency from his father Joe in 1992.”
butterfieldinsuranceagency.com
Line of businessPublicly sourced

Auto, Home, & small business insurance

“Ty specializes in Auto, Home, & small business insurance in the city of Lima, Allen County, and the surround areas.”
butterfieldinsuranceagency.com
Market servedPublicly sourced

Lima and surrounding communities

“Since 1942, Butterfield Insurance has proudly served Lima and the surrounding communities.”
butterfieldinsuranceagency.com
Ownership eventPublicly sourced

Family owned business, third and fourth generation

“With third and fourth-generation family members actively involved, we bring over 100 years of collective industry experience to support your insurance needs.”
butterfieldinsuranceagency.com