| Acquired
Revenues |
| |
%
of Agencies Acquiring |
Average
Commissions Acquired |
%
of
Net Revenues |
| Acquisitions
Made in Last 12 Months |
14.8% |
$367,179 |
5.5% |
|
| What
the Typical Transactions Looked Like |
| Revenues
Acquired per Transaction |
 Average |
$302,006 |
| High |
$1,100,000 |
| Low |
$18,500 |
| Multiples
of Revenue Paid |
| Average |
1.0x |
| High |
1.5x |
| Low |
0.3x |
|
