The Pulse of Private Equity – 9/26/2016

Median EV/EBITDA buyout multiples surge in 2Q 2016 for sub-$25M enterprises

Respondents to PitchBook’s most recent Deal Multiples survey reported a median EV-to-EBITDA multiple of 6.13x at the sub-$25 million EV range in 2Q 2016. That figure is nearly a turn higher than what was recorded in the first quarter of the year. One of the primary responsible factors is clearly the pressure exerted on