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Robbin Partners, a private equity fund, has identified Nest Corp. as a potential acquisition target. Nest has an EBITDA of $33 million. Robbin knows that

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Robbin Partners, a private equity fund, has identified Nest Corp. as a potential acquisition target. Nest has an EBITDA of $33 million. Robbin knows that these similar deals have recently closed: Based on the above transactions: . What is the average price multiple? (Do not round intermediate calculations. Round your answer to 1 decimal place.) o. Using the valuation multiple from part (a), what is the estimated value of Nest Corp.? (Do not round intermediate calculations. Round your answer to 1 decimal place.)

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