Sica Fletcher

AUGUST 5, 2024

According to the report, SF Index members acquired 242 Agents/Brokers in the first half of the year, totaling $635M in agency and broker revenue (approximately 45% less than the same period in 2023). Private Equity-backed buyers maintain a dominant position in M&A activity, accounting for 87% of YTD June 2024 Index transactions.

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Sica Fletcher

AUGUST 5, 2024

According to the report, SF Index members acquired 242 Agents/Brokers in the first half of the year, totaling $635M in agency and broker revenue (approximately 45% less than the same period in 2023). Private Equity-backed buyers maintain a dominant position in M&A activity, accounting for 87% of YTD June 2024 Index transactions.

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

CNBC: Investing

JUNE 22, 2025

Those equities are often seen as a hedge against volatility due to their their reliable income. or more, above the S & P 500 average of 1.29%, and covered by at least 10 analysts. Also on the list is Coca-Cola , which has 14% upside to the average analyst's price target and a 2.9% dividend yield.

Stock 63

Stock S&P Investment Media 63

FineMark

OCTOBER 17, 2023

billion, and ranked #6 on Forbes’ Real-Time Billionaires List (as of 10/11/23), Buffett is widely regarded as the most successful equity market investor of the past century. Equities and the S&P 500 At the onset of each new year, like clockwork, we’re asked for our near-term view. With a current net worth of $115.7

S&P 52

S&P Investment Portfolio Corporation 52

Sica Fletcher

APRIL 18, 2024

Price, however, is not the only consideration - contemporary deals also include additional considerations, like equity and overall deal structure, to determine what a business owner will actually get from a completed M&A transaction. It’s common to see deals completed in which earnouts make up the lion's share of payments to sellers.

Insurance 52

Insurance Equities M&A Finance 52

The Harvard Law School Forum

APRIL 25, 2023

and Paul S. Scrivano, Davis Polk & Wardell LLP, on Tuesday, April 25, 2023 Editor's Note: George Bason is partner and Chair of the Mergers and Acquisitions practice, and Andrew Ditchfield and Paul S. Posted by Andrew Ditchfield, George R. Scrivano are partners at Davis Polk & Wardwell LLP. Dougherty , Louis L.

Sale 96

Sale Mergers and Acquisitions S&P Private Equity 96

Solganick & Co.

DECEMBER 21, 2023

December 21, 2023 The IT services M&A scene in 2023 has painted a dynamic picture, marked by both cautious optimism and strategic boldness. Navigating the Current M&A Landscape for IT Services: Cloud & Data Analytics Partners Take Center Stage by Aaron Solganick, CEO, Solganick & Co.

M&A 52

M&A Mergers and Acquisitions IT Investment Banking 52

Mergers and Inquisitions

JANUARY 3, 2024

The markets in 2023 were almost a complete reversal of 2022, and hardly anyone – me included – saw it coming. My portfolio did “OK” (up 10% for the year), but it greatly underperformed the S&P 500 , which was up 24%. and far too little in equities. But my real estate investment funds were down ~10% , which hurt.

Investment 59

Investment S&P Equities Portfolio 59

The Harvard Law School Forum

MAY 2, 2023

Kushner, FTI Consulting, on Tuesday, May 2, 2023 Editor's Note: Jason Frankl and Brian G. Persistently high inflation, coupled with the fastest Fed tightening cycle seen since 1988, contributed to making 2022 the worst performing year for the S&P 500 Index since 2008, thrashing growth and technology stocks in particular. [1]

Consulting 83

Consulting S&P Economics Government 83

Sica Fletcher

AUGUST 30, 2023

Q2 Broker Buyer Index Shows a 16% Increase in Deal Volume Over Q1 2023 NEW YORK, NY - August 30, 2023 - Sica | Fletcher releases the Q2 2023 Agency & Broker Buyer Index. These 22 agent and broker acquirers accounted for 72% of all deal activity in the insurance brokerage space as of YTD June 2023.

M&A 52

M&A Insurance Broker Private Equity 52

The Harvard Law School Forum

JUNE 27, 2023

Kushner, FTI Consulting, on Tuesday, June 27, 2023 Editor's Note: Jason Frankl and Brian G. 7] A pause may be more beneficial to investors than a direct rate cut would be; the S&P 500 has historically climbed 16.9% Posted by Jason Frankl and Brian G. Kushner are Senior Managing Directors at FTI Consulting. 3] [4] The U.S.

Financial Institution 83

Financial Institution Bank Banking Consulting 83

Sica Fletcher

FEBRUARY 6, 2024

2023 Year-End Index Reflects Continued Emphasis on Strategic Fit for Investors NEW YORK, NY - February 6, 2024 - Sica | Fletcher releases the 2023 Year-End Agency & Broker Buyer Index. According to the report, SF Index members acquired 566 Agents/Brokers in 2023, totaling $2.2B in agency and broker revenue.

Broker 52

Broker Insurance Mergers and Acquisitions S&P 52

The TRADE

AUGUST 4, 2023

These were offset partially by declines in North American equities, Europe and Asia Pacific and futures business segments. million in Q2 2023, up 10% compared to the same period last year. North American equities net revenues declined by 2% year-on-year, totalling $90.8 The trading venue achieved a net revenue of $467.1

Book-building 52

Book-building S&P Equities Trading 52

Sica Fletcher

MAY 13, 2024

According to the report, SF Index members acquired 111 Agents/Brokers last quarter, totaling $284M in agency and broker revenue (approximately 21% less than what was acquired in Q1 2023). Many SF Index Members demonstrated steady increases in Q1 2024 deals compared to Q1 2023, while others have taken a strategic pause.

Insurance 52

Insurance M&A Broker Mergers and Acquisitions 52

Software Equity Group

MARCH 13, 2023

On the surface, things looked rough: the Dow Jones, S&P 500, and the NASDAQ all finished the year with significant losses, with tech stocks hit particularly hard. For a more in-depth look at our research, download SEG’s Annual 2023 SaaS Report. was only a slight decline from 2020’s 5.7x 4Q22’s multiple of 5.6x

M&A 52

M&A Private Equity Equities S&P 52

Sica Fletcher

JUNE 11, 2024

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

Broker Insurance Valuation S&P 52

Focus Investment Banking

JULY 16, 2024

This was despite a strong overall market that pushed the S&P 500 up 3.9% However, this performance once again lags the broader indices by a fairly wide margin, as both the S&P 500 and NASDAQ gained more than 20% over the past year. and the NASDAQ up 8.3% over the same three-month time frame.

Business 52

Business S&P M&A Engineering 52

The TRADE

JUNE 23, 2023

What movement have you seen in the global equities market in the last week? For the first time ever, yield on cash, bonds and equities is the same in the US. That is the same level as the expected 12-month forward earnings yield across the S&P 500, which has risen by >15% since January.

Equities 59

Equities Investors Funds Trading 59

Sica Fletcher

JULY 31, 2024

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. Although sellers are in a good position to sell, they need to be wary of the equity that’s being offered.

M&A 52

M&A Insurance Debt Equities 52

Focus Investment Banking

JANUARY 18, 2024

The S&P 500 has recently traded near 4800, close to its record at the end of 2021. It has taken two years to return to those levels, after 2022 and 2023 were burdened with interest rate hikes and fears of a recession. As 2024 starts, the U.S. stock markets are at or near their all-time highs.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Sica Fletcher

JULY 11, 2024

However, the brokerage's tech stack now handles many of these job functions, which significantly improves the bottom line and increases profitability. Pay attention to how the equity a buyer offers is actually valued. Equity used to consist of senior debt (i.e., Streamlined Operations.

Insurance 52

Insurance M&A Debt Equities 52

The TRADE

DECEMBER 21, 2023

Consider the challenges faced in 2023: Two wars, two major banks defaulting, an unprecedented 500bp hike in the Fed Funds rate… market resilience this year has almost defied logic.  YTD the S+P is up 17%!  After a wild run by the Magnificent 7, equity performance drivers will broaden. Such They’re merely sleeping.

Trading 64

Trading Equities S&P Bank 64

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

NOVEMBER 9, 2023

Q3 Index Reflects an Emphasis on Strategic Fit for Investors in 2023 NEW YORK, NY – November 8, 2023 - Sica | Fletcher releases the Q3 2023 Agency & Broker Buyer Index. According to the report, SF Index members acquired 402 Agents/Brokers YTD through September 2023, totaling $1.70B in agency and broker revenue.

Broker 40

Broker M&A Insurance Mergers and Acquisitions 40

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

Sica Fletcher

MAY 29, 2024

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

M&A Insurance Equities S&P 52

Software Equity Group

NOVEMBER 13, 2023

The following blog content has been updated in November 2023 to incorporate the most recent research findings. SaaS founders must stay attuned to the shifting preferences of private equity (PE) investors and strategic buyers. Fast forward to 2023, these metrics’ significance as evaluation criteria remain.

Profitability 52

Profitability Private Equity Investors M&A 52

Sica Fletcher

AUGUST 6, 2024

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. Their size also provides a hidden value for prospective clients in that it ensures that the firm's principals touch on every deal that they handle.

Investment Banking 52

Investment Banking Insurance Bank Banking 52

Sica Fletcher

JUNE 20, 2024

The History of Private Equity in Insurance One of the primary forces differentiating the insurance M&A market in 2024 from those of decades past is the presence and dominance of private equity (PE) firms in the buyer space. The table of contents below offers quick links for readers seeking specific information in later sections.

Insurance 52

Insurance M&A Valuation Equities 52

The Harvard Law School Forum

JUNE 27, 2023

Kushner, FTI Consulting, on Tuesday, June 27, 2023 Editor's Note: Jason Frankl and Brian G. 7] A pause may be more beneficial to investors than a direct rate cut would be; the S&P 500 has historically climbed 16.9% Posted by Jason Frankl and Brian G. Kushner are Senior Managing Directors at FTI Consulting. 3] [4] The U.S.

Financial Institution 52

Financial Institution Bank Banking Consulting 52

Sica Fletcher

JULY 23, 2024

Consult data sources like S&P Global data to get an idea of a firm’s activity within the industry. On average, modern deal structures typically consist of about 75% equity, with only 25% in actual cash. This means that they often lack the specialized industry knowledge to effectively negotiate your deal.

Insurance 52

Insurance M&A S&P Valuation 52

Software Equity Group

MAY 7, 2024

2023 saw a myriad of factors impact SaaS M&A multiples, including economic developments, technological advancements, and a public market rebound. Learn more about the external influences shaping your SaaS company’s valuation multiple below. #1. The Analytics and Data Management category was second in 2023, with 285 deals.

M&A 52

M&A Valuation Economics Business 52

Software Equity Group

MAY 8, 2024

2023 saw a myriad of factors impact SaaS M&A multiples, including economic developments, technological advancements, and a public market rebound. Learn more about the external influences shaping your SaaS company’s valuation multiple below. #1. The Analytics and Data Management category was second in 2023, with 285 deals.

M&A 52

M&A Valuation Economics Business 52

Focus Investment Banking

APRIL 11, 2024

gain in the S&P 500 and the 9.1% However, this return lagged the year-over-year performance of both the S&P 500 (up 27.9%) and the NASDAQ (up 34.0%). In what was likely the period’s largest transaction, private equity firm American Securities acquired NWN Corporation from its previous private equity backers.

Business 52

Business Telecommunication Engineering M&A 52

Sica Fletcher

MARCH 28, 2024

H2 2024 Will See Increased Deal Volume & Value If Interest Rates Lower Insurance M&A Buyers Are Looking For New Things In 2024 Equity will play a larger role in deals H2 2024 Will See Increased Deal Volume & Value If Interest Rates Lower 2023 is widely regarded as one of the worst years for M&A in recent memory.

M&A 52

M&A Insurance Mergers and Acquisitions Equities 52

Sica Fletcher

JULY 2, 2024

The late 2010s, however, saw an explosion of private equity activity that has dramatically increased that pool from 5 to more than 50. The graphic below illustrates the dramatic differences in activity among the top 25 buyers between 2022 and 2023. Exceptions to these trends occur often enough.

Insurance 52

Insurance M&A Private Equity Advisory 52

Sica Fletcher

SEPTEMBER 12, 2024

Changes in the Valuation Process Valuation is the first formal step in the M&A deal process, taking place once the seller has gathered all their preliminary documents and made any necessary changes to the company's internal structure to make it more profitable. Family-specific financial arrangements. Think Long-Term.

Insurance 52

Insurance Valuation M&A S&P 52