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

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

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

MAY 15, 2024

This removes the effects of non-cash expenses on the agency, thus isolating the agency’s profitability because they can be different under the buyer’s management. In addition, third-party M&A institutions like S&P Global Data or Statista can provide more generalized data. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

SEPTEMBER 17, 2024

This valuation model is used largely in M&A settings to determine the value of a company as it would appear to a prospective buyer by adding interest, taxes, depreciation, and amortization costs back into the business’s profits, since these elements will be fundamentally different post-closing. Learn more at SicaFletcher.com.

Insurance 52

Insurance Valuation Profitability M&A 52

Wall Street Mojo

JANUARY 15, 2024

This indicator was introduced by Tushar Chande and Stanley Kroll, two Canadian bankers, and technical analysts ; they first mentioned it in the book The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators , which came out in 1994. The indicator can be used in stocks , currencies, derivatives , and commodities.

S&P 52

S&P IT Investors Investment 52

Sica Fletcher

MARCH 12, 2024

Insurance Agency Valuation: The Core Methods EBITDA An EBITDA ( earnings before interest, taxes, depreciation, and amortization ) valuation is a projection of a company’s profits that also includes the agency’s potential for overall profitability. SaaS, tech), those with very high projected growth rates, or for early-stage agencies.

Valuation 52

Valuation Insurance M&A Profitability 52

Sica Fletcher

MARCH 8, 2024

Small to Midsize Brokerages Are Becoming More Valuable Projections indicate that interest rates are likely to decrease in 2024, which will make larger brokerages a profitable option for acquirers again. If they do, then we can expect to see valuations and, by extent, EBITDA multiples for insurance agencies rise.

Insurance 52

Insurance M&A S&P Valuation 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%!  For those that have remained profitable, a laser-sharp focus on efficiency has become central to their businesses.

Trading 64

Trading Equities S&P Banking 64

Sica Fletcher

JULY 11, 2024

Insurance Brokerage M&A Multiples, 2024 The following sections offer additional context for the data in the table above by outlining the current insurance brokerage M&A market and providing insights from our team to make selling your brokerage smoother and more profitable once you get started. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Debt Equities 52

The TRADE

JUNE 23, 2023

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. These companies benefit from a wide economic moat, solid balance sheets, fat profit margins and solid revenue growth. The yield on three-month US Treasury bills was 5.3%

Equities 59

Equities Investors Funds Trading 59

Sica Fletcher

JUNE 14, 2024

Determine EBITDA Earnings before interest, taxes, depreciation, and amortization (EBITDA) is used as a measure of the profitability of an insurance agency while adding back interest, taxes, depreciation, and amortization - all of which will vary depending on the circumstances of the new owner. Learn more at SicaFletcher.com.

Insurance 52

Insurance Valuation M&A S&P 52

Sica Fletcher

MAY 8, 2024

This will give you time to make necessary changes to the operational structure to make your agency more profitable, thus increasing the probability of a higher payout when it goes to market. Beyond proof of sustained profitability when analyzing these documents, look for: Liquid Assets. What Documents Do I Need? Let’s Talk.

Insurance 52

Insurance M&A Valuation Advisory 52

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. EBITDA multiples for insurance agencies are higher than they have ever been.

M&A 52

M&A Insurance Debt Equities 52

Sica Fletcher

SEPTEMBER 3, 2024

The table below contains a few recommendations to make your business more profitable. YoY growth, profitability, agency structure) that don’t necessarily result directly from the BoB. Financing options offered by the seller, based on the book's performance over time. A single payment made at the time of closing.

Insurance 52

Insurance Business Valuation M&A 52

Sica Fletcher

OCTOBER 23, 2024

RIA Transaction Payout Averages 2023: Self-Represented vs. Professional Representation With that in mind, we must be clear that the following article is not meant to encourage owners to attempt a self-valuation. Self-representation can lead to inaccurate valuations that give sellers a false sense of how much their company is worth.

Valuation 52

Valuation M&A Insurance 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. Think Long-Term. Learn more at SicaFletcher.com.

Insurance 52

Insurance Valuation M&A S&P 52

Sica Fletcher

JUNE 20, 2024

PE firms rely on leveraged buyouts (LBOs) for the lion's share of their deals, which often involve using the acquired company’s assets as collateral to insure the loan used to purchase it. The buyer pool has increased dramatically over the last two decades, from ~5 key players in 2007 to 50+ in 2023. in 2020 to 9.5%

Insurance 52

Insurance M&A Valuation Equities 52

Sica Fletcher

MARCH 14, 2024

EBITDA is preferred for insurance agency valuations as a rule of thumb because it accurately represents the profitability of an agency over time by removing the operational expenses associated with running it. Larger or more profitable firms, however, may be closer to the higher estimates. Learn more at , ,, SicaFletcher.com.

Insurance 52

Insurance Valuation M&A Consulting 52

Sica Fletcher

JULY 1, 2024

boost your profits, cut your bottom line), doing so with a brokerage requires paying special attention to the diversity of your policy portfolio. The grim reality is that approximately 50% of brokerages are not in a good position to sell, either due to their own profit margins or the state of the market.

Insurance 52

Insurance M&A Advisory Funds 52

Sica Fletcher

JULY 2, 2024

The graphic below illustrates the dramatic differences in activity among the top 25 buyers between 2022 and 2023. In a clear example of buyers’ extreme variability, big players like PCF came in at #2 overall in 2022 but dropped all the way back to #20 by the end of 2023. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Private Equity Advisory 52

Sica Fletcher

APRIL 11, 2024

These are specialists whose job is to sell your agency as it currently exists, though they may advise you on possible paths to make your agency more profitable (and therefore more appealing to buyers). M&A Advisory Firms For the vast majority of insurance agency sellers, you will likely work with an M&A advisory firm.

Insurance 52

Insurance Advisory M&A Investment Banking 52

Mergers and Inquisitions

AUGUST 14, 2024

However, the specific question here is who profits from these features, not which users benefit the most. Again, these are all perfectly viable and profitable businesses, but they don’t have the same margin or valuation profile as true SaaS companies. Credit Suisse , the markets in 2023 following Silicon Valley Bank , etc.).

Investment 59

Investment Business Consulting Mergers and Acquisitions 59

The TRADE

OCTOBER 9, 2024

Markets are constantly challenging and that’s the key aspect to our role.” One of the newer members to the Ninety One team is Liam Hagan – formerly recognised as one of The TRADE’s Rising Stars of Trading and Execution in 2023. Markets have been tricky. Show me a time when they haven’t,” asserts Gibson.

Trading 59

Trading Bulge Bracket Asset Management Banking 59

Sica Fletcher

MARCH 26, 2024

Buyers want to acquire your agency and intend to sell it after several years for a profit, typically as part of a larger portfolio of purchased companies (e.g., and EBITDA gives buyers a better sense of the agency's future profitability. aggressive competition, regional chains, etc.). Learn more at , ,, SicaFletcher.com.

M&A 52

M&A Insurance Valuation Advisory 52