What Drives the Multiple in a Lower Middle Market Sale
Two businesses with identical EBITDA can sell for very different prices. The difference lives in a handful of value drivers buyers reward — and a few risk factors that quietly erode value.
Recasting EBITDA: Presenting True Earning Power to Buyers
Reported earnings rarely reflect a private company’s true economic profitability. A disciplined recast — done credibly — translates directly into purchase price.
409A Valuations: What Founders Need to Know
Why a defensible, independent 409A protects your company, your board, and your option holders.