Chart Of The Week: Mid-Market Purchase Price Multiples On The Climb

Deal prices for portfolio companies have fluctuated significantly since peaking in 2007 at 9.3x EBITDA, according to Standard & Poor’s Leveraged Commentary and Data. Deal prices tumbled to 6.6x EBITDA in the financial crisis year of 2009 in the mid-market, which LCD defines as companies with less than $50 million of EBITDA, before expanding again to 8.4x EBITDA in 2010. Click on the link at right for a larger version of the chart.