RE:some interesting comments on acquisition You were too generous on its ebitda purchase price multiple.
The company, S2S, was acquired for $US 437 m and it generated only $US 14.7 m in ebitda. That's a payback of approximately 30 years!!! Let's also remind ourselves that ebitda is no substitute for free cash flow which could take the multiple to 35+ on a free cash flow basis.