Valuation of I.B.I.S.’ equity
18 December 2019
Founded in 1997, I.B.I.S. (Independent Brokers Insurance Services SA) is an independent insurance intermediary (mandated underwriter) that offers insurance exclusively through brokers.
I.B.I.S. management requested an independent valuation exercise for internal purposes.
BDO Corporate Finance implemented both traditional valuation methods (Discounted Cash Flow and Market Multiples) and industry specific methods (considering the types of commissions and respective value coefficients).