The Deal

JUNE 22, 2023

for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc. Reed and Michael P. Chief legal officer Joshua S. Lam has done several other deals for Nasdaq, including its purchases of Solovis Inc. from Deutsche Borse AG for $1.1 billion in 2016. Fox, Bradley C.

Private Equity 98

Private Equity S&P Equities Finance 98

Sica Fletcher

MAY 15, 2024

In addition, third-party M&A institutions like S&P Global Data or Statista can provide more generalized data. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Insurance 52

Insurance S&P M&A Valuation 52

Sica Fletcher

APRIL 2, 2024

Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on.

Insurance 52

Insurance M&A S&P Broker 52

Mergers and Inquisitions

JANUARY 3, 2024

My portfolio did “OK” (up 10% for the year), but it greatly underperformed the S&P 500 , which was up 24%. On the other hand, I was only down 9% in 2022 vs. a 19% drop for the S&P, so both the index and my portfolio are now back to “early 2022” numbers.

Investment 59

Investment S&P Equities Portfolio 59

Mergers and Inquisitions

JANUARY 31, 2024

They might have separate teams for specific strategies or markets, but everything is run under a single Profit & Loss statement (P&L). There are very few real “requirements” besides the single PM / single P&L one above and the standard Limited Partner / General Partner structure that all hedge funds use.

Funds 59

Funds Management S&P Recruitment 59

Sica Fletcher

AUGUST 30, 2023

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Learn more at , SicaFletcher.com.

M&A 52

M&A Insurance Broker Private Equity 52

Sica Fletcher

APRIL 30, 2024

Selecting the Valuation Method Insurance agency valuations typically occur in one of the following four methodologies EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization): A calculation of an insurance agency's profitability calculated by subtracting taxes and operating expenses from its overall revenue.

Insurance 52

Insurance Valuation M&A S&P 52

Sica Fletcher

MARCH 8, 2024

EBITDA Multiples for Insurance Agencies, 2018-2024 (Projected) M&A Deal Volume for Insurance Agencies, 2018-2024 (Projected) *S&P Global Data taken from ,,, “Insurance Brokers and Servicers Sector View 2024” The most important news this data offers is that insurance M&A is not actually in the tailspin that many “experts” claim it to be.

Insurance 52

Insurance M&A S&P Valuation 52

The Deal

JULY 19, 2023

Cox, Andrew P. Denbury chief administrative officer and general counsel James S. Denbury, a Plano, Texas-based independent energy company, took financial advice from Jonathan W. Castaldo and Michael Johnson at JPMorgan Securities LLC and R.A. McDonough at TPH&Co. Matthews was a V&E partner before moving in house in 2012.

Sale 52

Sale Mergers and Acquisitions S&P M&A 52

Sica Fletcher

NOVEMBER 9, 2023

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Broker 40

Broker M&A Insurance Mergers and Acquisitions 40

InvestmentBank.com

MAY 18, 2021

Government funded programs include Medicare, Medicaid, Children’s Health Insurance Program, and the Veterans Health Administration. Payor services and pharmaceutical services have generated the most return throughout 2016 and in 1Q 2017. However, 2017 is an indication of how health systems are struggling financially.

Healthcare 40

Healthcare M&A Valuation Hospitality 40

Sica Fletcher

MAY 29, 2024

Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on.

M&A 52

M&A Insurance Equities S&P 52

Sica Fletcher

APRIL 11, 2024

The most commonly used source for this is S&P Global data, which ranks the performance of M&A advisory firms across a variety of different metrics and industries. ( According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on.

Insurance 52

Insurance Advisory M&A Investment Banking 52

Sica Fletcher

MARCH 28, 2024

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

M&A 52

M&A Insurance Mergers and Acquisitions Advisory 52

Sica Fletcher

MAY 8, 2024

seller's discretionary earnings, discounted cash flow), they are so rarely used in insurance M&A that we do not include them here. You can find these with most major M&A advisory firms (like Sica | Fletcher’s own SF Index ) or through 3rd party monitoring institutions like S&P Global Data or Pitchbook.

Insurance 52

Insurance M&A Valuation Advisory 52

Sica Fletcher

APRIL 18, 2024

It’s common to see deals completed in which earnouts make up the lion's share of payments to sellers. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and agency transactions since 2014. Learn more at SicaFletcher.com.

Insurance 52

Insurance Equities M&A Finance 52

Sica Fletcher

MARCH 14, 2024

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Valuation 52

Valuation Insurance M&A Consulting 52

Peak Frameworks

AUGUST 15, 2023

The Seven Indicators Stock Price Momentum : The S&P 500 versus its 125-day moving average. Conversely, during the bull market of 2017, the index hovered in the extreme greed range. The index uses seven market indicators to calculate a value ranging from 0 (Extreme Fear) to 100 (Extreme Greed). For instance, the 2018 U.S.

Investors 52

Investors Stock Risk Management Investment 52

Sica Fletcher

MARCH 26, 2024

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

M&A 52

M&A Insurance Valuation Advisory 52

Francine Way

JULY 8, 2017

Regardless of the base reason(s), the current owners and management of a company looking for a new owner should seek to: Maximize return on investment for current owners. Shareholders conflict: Differing risk tolerances, liquidity needs, and strategic views may drive shareholders and investors to put a company up for sale.

M&A 130

M&A Acquisitions Sale Investment 130

Sica Fletcher

MARCH 12, 2024

According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014.

Valuation 52

Valuation Insurance M&A Profitability 52

InvestmentBank.com

OCTOBER 24, 2019

Typical deals see hospitals acquire 100% of the physician practice assets and negotiate employment agreements to retain the physician(s) post transaction. Is Healthcare’s M&A Trend Softening? Retrieved May 20, 2019, from [link] [5] Chatfield, P., & T. 2017, September 6). 2017, November 22).

Hospitality 40

Hospitality Private Equity Acquisitions Equities 40

Francine Way

JULY 12, 2017

A mature company that has been around forever (think S&P 500 companies) would be well forecasted using a 1-stage growth model (when there is only one growth rate for the entire forecast horizon). If a company has only been around for less than 10 years, I prefer a shorter forecast horizon.

Discounted Cash Flow 130

Discounted Cash Flow Valuation M&A DCF 130