Health & Wealth Agency M&A Amongst Largest Consolidators

Valuations for Health & Wealth brokerages have surged, peaking in 2024, increasing more than two full turns from 2020.

Platform buyers with scale, carrier leverage, and integrated tech stacks are commanding even higher multiples.

What’s driving the premium?

• Recurring revenue from renewals and trails
• Low capital intensity business models
• A built-in inflation hedge as Medicare and annuity premiums rise

Private equity and strategic buyers know: this is one of the few insurance verticals where the math just keeps getting better.

Dive deeper and learn the multiples.