2017 proved to be another strong year for M&A activity in the insurance distribution space, continuing the strong momentum that has been building in the market since the recession. With over 500 announced transactions, it was a record setting year in terms of deal volume. Aggregate deal value, however, declined by 26 percent from the previous year ($5.4 billion in 2017 vs $7.3 billion in 2016), suggesting a greater degree of consolidation among small to middle market distributors.
Although 2017 had a weak start, partially due to increased uncertainty about the direction of regulatory change following the 2016 presidential election and global geopolitical unrest, the M&A landscape quickly rebounded as investor confidence grew. The high deal volume was driven by a number of macroeconomic and industry specific factors.
For a more in-depth discussion on market conditions, valuation multiples, transaction structure, buyer profiles or acquisition planning please reach out to one of the TAG Financial Institutions Group professionals.
This section will not be visible in live published website. Below are your current settings:
Current Number Of Columns are = 3
Expand Posts Area = 1
Gap/Space Between Posts = 30px
Blog Post Style = simple
Use of custom card colors instead of default colors =
Blog Post Card Background Color = current color
Blog Post Card Shadow Color = current color
Blog Post Card Border Color = current color
Publish the website and visit your blog page to see the results