Multiple Arbitrage in PE Roll-Ups

PE firms buy smaller operators at 5–8x EBITDA and exit combined platforms at 17–20x EBITDA, driving the roll-up model.

“That spread — buying assets at 5–8x and exiting a combined platform at 17–20x — is the entire economic engine.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.