IBBA Insights Summer 2023

SUMMER 2023

As we step into the second half of 2023, it’s an ideal moment to reflect on our

journey, celebrate our achievements, and set our sights on future goals.

We take pride in witnessing the remarkable growth of our IBBA family, now a

robust community of over 2,700 members. This expansion is not merely about

numbers, but signals increased diversity and inclusivity within our association.

Our association has evolved into a dynamic blend of wisdom, fresh viewpoints, and diverse

gender representation. The encouraging increase in female business brokers and the influx

of young professionals have broadened our membership base and enriched our collective

perspective. This increased diversity, in which we take immense pride, enhances innovation,

promotes a forward-thinking environment, and drives growth within our organization.

The year 2023 marks a significant milestone for our industry - the passage of the Brokerage

Simplification Act. This legislation removes specific regulatory requirements for M&A brokers,

making business transactions more seamless and efficient. It’s a testament to our advocacy

efforts and dedication to promoting smooth business operations.

The annual IBBA conference in Orlando, Florida, was monumental, marking our largest assembly

of top business brokers worldwide. This platform facilitated a dynamic exchange of ideas, best

practices, and strategies through various workshops, masterminds, and courses. The successful

amalgamation of knowledge sharing, networking, and collaborative learning underscored our

unwavering commitment to providing top-tier educational opportunities and se�ing industry

benchmarks.

At the conference, we celebrated our members’ achievements, recognizing a record number of

award recipients from over 1,800 deal submissions. This notable increase in awards mirrors

our members’ success and reflects the growing recognition of business brokers’ pivotal role in

successful business transfers. Every award symbolizes hard work, persistence, and professional

excellence, which we should all take immense pride in.

Se�ing Our Sights High

KYLE GRIFFITH | CBI, CM&AP | 2023 IBBA Chair