Fountain Report Excerpts Oct 31, 2023
Veterinary practice valuations in the third quarter have adjusted to the new economic environment, Ackerman Group co-CEO Rich Lester writes in the latest Fountain Report. Hospital valuations have stabilized in the last 15 months at a range of 8-13x EBITDA from the previous highs of 12-18x in late 2021 and early 2022, according to Ackerman Group. [...]
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