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What's a Software Company Worth?

Private Equity Funcast

CHAPTER

The Convergence of Revenue Multiples

Sales multiples have converged around a five-year low into that six to seven times revenue range. In 2022, the middle market index, the IGV, and the growth equity index are all around the same point. They actually trade in quite a tight band, except when they don't is kind of my takeaway from that. And let's keep listening, and we'll keep talking about what we think normalize.

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