Talking Deal Prices with Steve Gelsi: Was Active Network a 27x deal, or 13.5x?
If your idea of a reasonable price for a technology company these days is 10x to 12x EBITDA, you may be in for some sticker shock. At first blush, Vista Equity Partners’s deal to buy Active Network last year for $1.05 billion appeared to be more than twice that level, although one could argue the price was far less.
3 March 2014•2 mins read
