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Robbin Partners, a private equity fund. has identified Nest Corp. as a potential acquisition target. Nest has an EBI DA of 531 million. Robbin knows
Robbin Partners, a private equity fund. has identified Nest Corp. as a potential acquisition target. Nest has an EBI DA of 531 million. Robbin knows that these similar deals have recently closed: 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.i ipo not round intermediate calculations. Round your answer to 1 decimal place.)
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