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“We Just Sold a Business for 50 Times”: Defense Multiples Lift Space
KippsDeSanto’s Karl Schmidt says two recent munitions deals fetched 30 and 50 times EBITDA in a corner of defense that used to trade at six to eight, and defense multiples are lifting private space valuations.
KippsDeSanto’s Karl Schmidt says two recent munitions deals fetched 30 and 50 times EBITDA in a corner of defense that used to trade at six to eight, and defense multiples are lifting private space valuations.
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