Regarding M&A multiples, Lagerberg stated that one of the reasons for increased M&A activity in 2021 in the US could be the potential increases in capital gains taxes from 2022. While this has arguably led to motivated sellers, there has been no shortage of motivated buyers either, pushing M&A multiples upwards. Going forward, management expects M&A multiples to be around 10x-12x, which is in the upper range of Swedencare’s history since 2020 of 8x-12x (excluding Vetio).
Aktuellt
SENASTE
