| Acquired
Revenues |
| |
%
of Agencies Acquiring |
Average
Commissions Acquired |
%
of
Net Revenues |
| Acquisitions
Made in Last 12 Months |
9.1% |
$201,379 |
4.7% |
|
| What
the Typical Transactions Looked Like |
| Revenues
Acquired per Transaction |
 Average |
$180,581 |
| Median |
$198,600 |
| High |
$325,000 |
| Low |
$18,142 |
| Multiples
of Revenue Paid |
| Average |
1.07x |
| Median |
1.30x |
| High |
1.50x |
| Low |
0.40x |
|
