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Ep 270 Pete Martin - How to Sell a Consulting Business for 12 X EBITDA (Without an Earn-Out)

Built to Sell Radio

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Is the Number a Multiple of Earnings?

The number didn't really get agreed to until we got the other line from them. So basically what I told the M&A guy was I said, let's just set the number aside. Let's work through all of the other terms, earnouts and identification holdbacks. And then we'll go back and revisit the number. If you guys are asking for stuff that's unreasonable, I'm sticking with the number. if you guys are putting primarily cash on the table and everything else, then we'll talk about the number again. That's exactly what happened.

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