Table 4: California middle market M&A transactions Average enterprise value / Revenue multiples (1) (2)
Source: S&P Capital IQ. (1) Baker Tilly updated its screening criteria process in H2 2023. Therefore, comparability with prior newsletters may be limited. (2) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.
Table 5: California middle market M&A transactions Average enterprise value / EBITDA multiples (1) (2)
