The spirits industry is a mature, fragmented industry with economies of scale, which is a recipe for consolidation. Large spirits companies have been acquisitive in the tequila segment, particularly ...

In the M&A world, valuation multiples are the preferred tool for quickly and transparently assessing company value. They reflect the market and offer guidance for both buyers and sellers. What’s ...

At a simple level, HVAC businesses sell for a multiple of owner benefit (the cash that flows through to the owner), plus a valuation of assets that the business has (real estate or vehicles).

One question that team members at my company, a boutique investment bank that provides merger-and-acquisition and capital-advisory services, have been fielding lately from both current and prospective ...

At the 19th Annual Surgery Centers Conference in Chicago on October 26, Jason Ruchaber, CFA, ASA, partner, HealthCare Appraisers, presented on the “myth of the multiple” in regard to surgery center ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...

President Trump's potential easing of auto tariffs lifted the broader auto segment, but Porsche's disappointing Q1 results led us to maintain a sell rating. Key reasons for our negative outlook ...

Multi-tiered entities (MTEs) offer businesses a sophisticated organizational structure with multiple layers of ownership and control. But the complex ownership structures and intercompany ...

Webflow, a well-funded no-code startup that helps customers build websites, raised a new round of capital this week. Per Forbes reporting, Webflow landed $120 million in fresh funds at a $4 billion ...