2022 agency multiples rise to 15.5x despite activity slowdown: Reagan Consulting
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2022 agency multiples rise to 15.5x despite activity slowdown: Reagan Consulting

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Valuations in the US private broker sector have increased to 15.5x Ebitda in 2022 for agencies with $3mn-$10mn in revenue, despite a challenging macroeconomic environment, according to the latest report by Reagan Consulting.

Multiples have risen by almost 40% since 2018, Reagan said. In its report, the consulting firm noted that rising interest rates have not materially impacted agency valuations, as there is still a significant number of well-capitalized active acquirers in...

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