Sector expertise

Financial Services

7,2×
Avg. EBIT multiple

The book beats new business: brokerage and financial-services firms are valued on their recurring commissions and client books — a market with very active consolidators.

Value drivers & market context

Few markets consolidate faster than insurance and financial distribution: aggregators buy books, platforms buy teams and technology. Recurring commissions are priced like subscription revenue.

Value drivers are book quality, lapse rates and the transferability of client relationships. Regulatory licences and clean documentation are a precondition, not a bargaining chip.

We know the active book buyers and structure earn-out models that connect handover and price cleanly.

  • Recurring book commissions & retention rate
  • Regulatory licences (e.g. §34d/f)
  • Degree of digitalisation in book administration

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