| --- |
| license: cc-by-4.0 |
| tags: |
| - m-and-a |
| - valuation |
| - multiples |
| - smb |
| - lower-middle-market |
| - private-equity |
| - ebitda |
| - ev-multiples |
| language: |
| - en |
| size_categories: |
| - 1K<n<10K |
| pretty_name: SMB and Lower Middle Market M&A Valuation Multiples |
| --- |
| |
| # SMB and Lower Middle Market M&A Valuation Multiples |
|
|
| Per-vertical valuation multiples (EV/EBITDA, EV/Revenue, SDE) for 107 SMB |
| and lower-middle-market sub-verticals, derived from 25,615+ verified M&A |
| transactions across SEC filings, EDGAR 8-K, and verified press releases. |
|
|
| Includes p25/p50/p75 multiples per sub-vertical and per size bracket, |
| methodology recommendations, and named-acquirer pool composition. |
|
|
| ## Files |
|
|
| - `multiples.json` — per (sub-vertical × EV-bracket) median + p25/p75 EV/EBITDA, EV/Revenue, SDE multiples |
| - `multiples-by-year.json` — per (sub-vertical × year) date-stamped quartiles (210 cells, n>=10, 2018-2025) |
|
|
| ## Source |
|
|
| Live JSON: https://exitvalue.ai/data/multiples.json |
| Methodology: https://exitvalue.ai/methodology |
| Zenodo DOI: https://doi.org/10.5281/zenodo.20398222 |
|
|
| Updated nightly from continuous EDGAR ingestion. |
|
|
| ## License |
|
|
| CC-BY-4.0. Free to use with attribution to ExitValue.ai. |
|
|
| ## Citation |
|
|
| ``` |
| ExitValue.ai. (2026). SMB and Lower Middle Market M&A Valuation Multiples. |
| Hugging Face. https://huggingface.co/datasets/nickcals/smb-mna-multiples |
| ``` |
|
|
