Robbin Partners, a private equity fund, has identified Nest Corp. as a potential acquisition target. Nest has an EBITDA of $29 million. Robbin knows that these similar deals have recently closed: Company Shell Technologies Layer Company Case Partners EBITDA $19 million $34 million $24 million Valuation $74.1 million $115.6 million $105.6 million Based on the above transactions: a. What is the average price multiple? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Average b. 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.) Estimated value million