Simple EBITDA Improvements in Pursuit of M&A
The merger and acquisition market remains healthy. An oft-overlooked step in the business combination is the examination of expenses to make sure expense ratios are optimized. Explore the current M & A environment for dealers and the growing need to take a keen eye to major expenses prior to any transaction, regardless of whether you are on the buy or sell side.
Basic Course Information
Learning Objectives
- The basics of valuation and how small improvements in reported profitability can lead to significant increases in value.
Major Subjects
- Valuation Approaches specific to Auto Dealers
- Typical Sources of EBITDA improvement
- Current multiples
- Blue Sky
- The Value of Ancillary Services