| Acquired
Revenues |
| |
%
of Agencies Acquiring |
Average
Commissions Acquired |
%
of
Net Revenues |
| Acquisitions
Made in Last 12 Months |
13.2% |
$353,240 |
2.4% |
|
| What
the Typical Transactions Looked Like |
| Revenues
Acquired per Transaction |
 Average |
$309,477 |
| Median |
$170,590 |
| High |
$958,779 |
| Low |
$100,000 |
| Multiples
of Revenue Paid |
| Average |
1.34x |
| Median |
1.10x |
| High |
2.50x |
| Low |
0.60x |
|
