Average Multiples and Key Drivers of Digital Musculoskeletal (MSK) M&A deals in 2023
Lloyd Price
NOVEMBER 27, 2023
Executive Summary: Digital MSK (musculoskeletal) companies have seen a decline in valuation multiples in 2023 compared to 2022. However, as of November 2023, the average EV to sales multiple has declined to 5.5x. However, as of November 2023, the average EV to EBITDA multiple has declined to 10.0x.
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