
SMB Purchase Multiples 2015–2025: A Decade of Data
Average SMB acquisition multiples fell to 4.3x EBITDA in 2025, down from a 6.7x peak in 2017. What 10 years of data tells us about the lower middle market.
Research · Perspectives · Practice
SMB investing, search fund, and co-invest playbooks. Fundraising tips and operator tactics for accredited investors and advisors.
Showing 3 posts with tag: fundamentals

Looking beyond traditional investments? SMB acquisitions offer real cash flow, tangible assets, and accessible entry points starting at $50K.

10M+ baby boomer business owners are retiring, creating unprecedented deal flow. Here's why smart investors are positioning now for the SMB acquisition wave.