Arete Acquisitions, LLC
How we got $5.8M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 54% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $4.0M |
| 2022 | Form 5500 | 13 | $5.2M |
| 2023 | Form 5500 | 6 | $2.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ARETE ACQUISITIONS, LLC this business | $5.3M | — |
| VERNON E GLADHILL & ASSOCIATES INC Norman · 1 employees | $503K | 0.3 mi |
| D.M. WEALTH MANAGEMENT, INC. Norman · 2 employees | $976K | 0.4 mi |
| GREG A. HEIPLE, INC. Norman · 2 employees | $800K | 0.5 mi |
| NFA WEALTH MANAGEMENT - NORMAN, LLC Norman · 1 employees | $488K | 1.9 mi |
| MILLION WEALTH MANAGEMENT, LLC Norman · 1 employees | $546K | 2.5 mi |
| JOHN FRYREAR Norman · 1 employees | $720K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $5.3M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $1.7M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $5.8M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.1M – $8.0M |
| Revenue range | $3.5M – $6.0M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | Miscellaneous Intermediation (523910) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingTioga State Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Tioga State Bank, National Association PPP 2020, PPP 2021 | View → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $88K | 9 |
| 1/30/2021 | second | $121K | 10 |
About Arete Acquisitions, LLC
Arete Acquisitions, LLC is a financial advisors company in Norman, Oklahoma. Its estimated annual revenue is about $5.3M, with roughly $1.7M of EBITDA. It has about 6 employees. Its estimated business value is $5.8M (likely range $3.1M–$8.0M).
Common questions
- Who owns Arete Acquisitions, LLC?
- The owner of Arete Acquisitions, LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Arete Acquisitions, LLC make?
- SeeBITDA estimates Arete Acquisitions, LLC's annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Arete Acquisitions, LLC worth?
- About $5.8M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a financial advisors company its size. Likely range: $3.1M–$8.0M.
- How many employees does Arete Acquisitions, LLC have?
- About 6, from its 2023 retirement-plan filing.