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StalledD-1045

Brennan Healthcare Partners

Healthcare Services
Revenue
$22.6M
EBITDA
$3.4M
Asking
$27.5M
DCF
$29.4M
8.7x EBITDA
Comparable Co.
$25.8M
7.6x EBITDA
Precedent Tx.
$30.2M
8.9x EBITDA
Asset-Based
$24.2M
7.1x EBITDA
DCF assumptions
WACC
Terminal growth
Forecast horizon
Tax rate
LBO returns
ScenarioIRRMOICExit
Base21.4%2.6xYr 5
Upside29.7%3.4xYr 5
Downside12.1%1.7xYr 5
Sensitivity · EBITDA margin × Revenue growth
5%8%11%14%17%
16%$22.0M$25.2M$28.4M$31.6M$34.8M
18%$26.8M$30.0M$33.2M$36.4M$39.6M
20%$31.6M$34.8M$38.0M$41.2M$44.4M
22%$36.4M$39.6M$42.8M$46.0M$49.2M
24%$41.2M$44.4M$47.6M$50.8M$54.0M
AI commentary
Based on current EBITDA of $3.4M and sector comps at 7.5x–9.0x, indicative range is $22.0M$34.0M. DCF supports the upper end given the 20%+ EBITDA margin trajectory.