Intangible Assets Drive Exit Value
Sold company for 32x EBITDA
The Situation
- Company owner selling after 30 years
- Investment bank provided a 4x EBITDA valuation
- EverEdge identified highly valuable intangible asset (data) not on Balance Sheet or recognised in sale process
The Client
Major Shareholder – Financial Services Provider
Outcome
- Prepared Intangible Asset Story that highlighted the value of data
- Targeted buyers who would pay for data rather than the operating company
- Company was purchased by a strategic buyer who wanted the data
Result
Sold company for 32x EBITDA