Remove 2023 Remove Boutique Remove S&P
article thumbnail

Do You Need An Insurance Agency Investment Bank?

Sica Fletcher

In that time, we’ve represented thousands of clients and quickly became one of the most active boutique M&A advisory firms in the market today. This experience has revealed that there's a common misunderstanding around what an ‘investment bank’ is and what an ‘investment banker’ actually does.

article thumbnail

Insurance Broker Valuation Multiples: Q3 2024 Projections

Sica Fletcher

Since H1 2023, the average insurance brokerage valuation multiple has hovered around 11.6x 2023 saw a modest drop in insurance brokerage deal volume, from 1043 in 2022 to 957 in 2023, which experts predicted would remain static as the market regrouped to begin a slow growth into 2025. as of H1 2024.

Broker 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Top Insurance Agency Investment Banks of 2024

Sica Fletcher

The Top Insurance Agency Investment Banks of 2024 Sica | Fletcher Sica | Fletcher is a boutique investment bank specializing in M&A advisory services. Founded in 2014, they have consistently ranked at the top of the S&P Global Data's rankings for investment banks, totaling an average of 100 deals per year.

article thumbnail

The State of Insurance M&A: 2024 Outlook

Sica Fletcher

That being said, M&A activity did see drops in deal value and overall volume in 2023, however, this decrease comes with two important caveats: The declines noted came primarily from megadeals and larger agencies valued at over $100MM. When we remove this element, deal volume actually held steady. Learn more at SicaFletcher.com.

M&A 52
article thumbnail

Know Your Insurance Agency: Purchase Price Calculations

Sica Fletcher

Factors Affecting EBITDA Because EBITDA refers to a general assessment of an insurance agency’s profitability, factors affecting it are those that relate to the agency's bottom line. S&P Global Data, PitchBook, PWC) or through M&A indexes provided by M&A advisory firms. Learn more at SicaFletcher.com.

article thumbnail

2024 Insurance M&A Transactions: What To Expect

Sica Fletcher

Predictions in H2 2023 suggested that 2024 would be a year of slow recovery, largely dependent on the Federal Reserve’s decision to cut interest rates. in H2 2023 to 287.4B. Deal volume has experienced a drop from 2023. EBITDA multiples for insurance agencies are higher than they have ever been. Senior Attention.

M&A 52
article thumbnail

Common Types of Insurance Agency Sellers

Sica Fletcher

For example, Sica | Fletcher is a boutique M&A advisory firm, but we are also the first and only such firm to advise on deals of over $1B, despite the fact that we typically advise on smaller deals. Investment Banks We should emphasize that the comparison information above is generalized , and may not apply to all such firms or banks.