While multiples for businesses valued under $1 million have remained relatively stable, some fluctuation has occurred in the $2 million to $5 million range, with a full-point dip observed in Q2 2024. In contrast, the $5 million to $50 million segment has maintained high multiples, reflecting sustained strong buyer interest in larger lower middle market companies. Looking ahead, M&A professionals expect multiples to remain steady, with nearly 73% predicting no change over the next three months, though 19% foresee a potential decrease.
#MarketPulse #MedianMultiples