News From The Middle

Q4 2017

Seller’s market leaves buyers fighting for the prize.

The ripe economic environment in 2017 has created a vibrant seller’s market with companies achieving premium EBITDA multiples of approximately 9.1x.  Although Q3 YTD deal volume dropped 16.2% year-over-year, it is Capstone’s view that the decline is attributable to fewer companies available for sale rather than a lack of buyer demand.