First big HVAC platform exits at ~17x EBITDA

An investment banker reports the first big HVAC platform exited at roughly 17 times EBITDA, illustrating the classic buy-at-6-7x, integrate, and flip-at-17x private equity roll-up model.

““Recently, one group was the first big platform to exit. They went for something like 17 times EBITDA (Earnings Before Interest, Taxes, and Amortization),” Zureikat said.”

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