| Acquired
Revenues |
| |
%
of Agencies Acquiring |
Average
Commissions Acquired |
%
of
Net Revenues |
| Acquisitions
Made in Last 12 Months |
8.1% |
$110,910 |
11.8% |
|
| What
the Typical Transactions Looked Like |
| Revenues
Acquired per Transaction |
Average |
$172,293 |
 High |
$294,000 |
 Low |
$70,000 |
| Multiples
of Revenue Paid |
Average |
1.1x |
 High |
0.2x |
 Low |
2.0x |
|