Median, 25th and 75th percentile multiples from disclosed primary-care practice transactions, 2018-2026, by deal size (enterprise value). Cells need at least 10 deals.
| Deal size | Multiple | Median | P25 | P75 | Deals |
|---|---|---|---|---|---|
| <$5M | EV/EBITDA | 3.60x | 3.40x | 4.60x | 11 |
| <$5M | EV/Revenue | 0.20x | 0.15x | 0.70x | 25 |
| $100M-500M | EV/EBITDA | 13.80x | 11.62x | 16.20x | 10 |
| $100M-500M | EV/Revenue | 1.10x | 0.35x | 1.70x | 13 |
| >$500M | EV/EBITDA | 17.60x | 14.45x | 19.55x | 12 |
| >$500M | EV/Revenue | 3.70x | 2.30x | 5.00x | 13 |
Smaller deals usually trade at lower multiples than platform-sized ones, so compare a business with the row for its own size.
Primary-care practice deal benchmarks on ExitValue.ai · How primary-care practice businesses are valued
Estimate a specific business: free valuation calculator (full disclosure: built by the publisher of this dataset).
Open data, CC-BY-4.0. Aggregate medians of disclosed M&A transactions (licensed M&A database, SEC EDGAR filings, verified press releases). Published by ExitValue.ai · source repo · DOI 10.5281/zenodo.20398222