Powered by Ceros

H1-2019     H2-2019     H1-2020     H2-2020     H1-2021     H2-2021     H1-2022     H2-2022     H1-2023     H2-2023

10.9x

20.3x

20.1x

11.7x

11.4x

17.7x

25.0x

NDR

NDR

NDR

Average: 16.7x

Source: S&P Capital IQ.
1) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.
2) Includes only transactions with disclosed multiples and excludes multiples deemed to be outliers.
3) NDR – No data recorded

Average enterprise value / EBITDA multiples (1) (2)

Table 5: New England middle market M&A transactions