H1-2019 H2-2019 H1-2020 H2-2020 H1-2021 H2-2021 H1-2022 H2-2022 H1-2023 H2-2023
Table 4: Philadelphia & Central Pennsylvania region middle market M&A transactions
4.8x
Average enterprise value / Revenue multiples (1) (2)(3)
2.2x
2.2x
6.3x
3.2x
3.4x
1.7x
8.3x
NDR
1.6x
Average: 3.7x