Broking M&A down 21% YTD but acquired revenue rose 7% to $1.7bn: Sica Fletcher
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Broking M&A down 21% YTD but acquired revenue rose 7% to $1.7bn: Sica Fletcher

Jairo Ibarra
November 09, 2023
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Freeway Merge Aerial M&A

Tuck-in M&A in the broking sector declined 21% to 402 deals in the first nine months of the year, compared to a 29% decline to 142 acquisitions from 201 in the same period of 2022, according to Sica Fletcher’s Agency & Broker Buyer Index. 

The firm reported that acquired revenue year-to-date increased 7% to $1.7bn from a year earlier but noted that one transaction in Q2 skewed the figures this year.

Meanwhile,

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Jairo Ibarra
Senior Reporter
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