{
  "name": "2026-Q4 M&A Valuation Multiples, Lower Middle Market",
  "publisher": "Bankerly",
  "quarter": "2026-Q4",
  "publishedAt": "2026-10-22",
  "permalink": "https://bankerly.ai/data/ma-multiples-by-industry/2026-q4",
  "methodology": "https://bankerly.ai/data/methodology",
  "licence": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "citation": "Bankerly. \"2026-Q4 M&A Valuation Multiples, Lower Middle Market.\" Published 2026-10-22. https://bankerly.ai/data/ma-multiples-by-industry/2026-q4",
  "coverage": {
    "lmmEbitdaCeilingUsd": 25000000,
    "transactionsInCorpus": 1524,
    "transactionsWithADisclosedMultiple": 381,
    "dealYearRange": [
      2012,
      2026
    ],
    "sharePostRecentPct": 82
  },
  "sectors": [
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      "sector": "Aerospace & Defense",
      "evEbitdaN": 21,
      "evRevenueN": 18,
      "evEbitda": {
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      "evRevenue": {
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        "p75": 2.86
      }
    },
    {
      "sector": "Industrials & Manufacturing",
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    },
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      "sector": "Software & Technology",
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    },
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      "sector": "Healthcare",
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    },
    {
      "sector": "Consumer & Food",
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      "evRevenue": {
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        "p75": 2.03
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    },
    {
      "sector": "Business Services",
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    {
      "sector": "Distribution & Logistics",
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}