Quote:
Originally Posted by Shap
If Jupiter was acquired for say $8mil that would put them at 1.5 to 2.5 million EBITDA. How well did people think they were doing?
|
Exactly Shap, in my experience offers are 5x EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) these days... good estimation!
Congrats to all involved! Whatever the reason they felt it was the right time & deal for them. It's all relevant.
JFK -
