"The market is booming, prices are at record highs," says Christian Saxenhammer, Managing Director of Saxenhammer & Co.. EBITDA purchase price multiples of six or seven are normal. In certain industries, even higher levels are reached. The fact that price is not the only selling criterion can partly explain the high sales volumes. Buyout transactions often involve more than price. Points like networks, industry experience and strategic support are important criteria. However, the current turbulent economic situation brought the markets to a turning point.
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