Facilities Management Business — Business Valuation Multiple
EBITDA Valuation Guide · Small & Mid-Sized Businesses
Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.
Min
3×
Typical
4×
Max
5×
Revenue Model
Recurring
Capital Intensity
Low
A typical multiple of 4× EBITDA reflects mid-market transactions in the $1–$50M revenue range.
Overview
Facilities management businesses typically trade at 3×–5× EBITDA. Multi-year service contracts with public sector or blue-chip clients provide revenue visibility. Integrated hard and soft FM capability reduces client dependency on multiple suppliers, increasing stickiness. Thin margins and contract mobilisation risk are persistent challenges. CAFM technology investment and strong compliance records support the upper end of the valuation range.
Key Value Drivers
- Multi-year service contracts
- Integrated hard and soft FM capability
- Public sector or blue-chip client base
- CAFM technology platform
- Strong compliance management record
Key Risks
- Thin margin business with cost exposure
- Contract mobilisation risk
- Public sector procurement competition
- Labour cost and regulatory exposure
- Client budget cuts
Related Industries
Real-World Transaction
Office & General Group → Tenon Facility Management (Mortice Limited)
2015 · Facilities Management
These transactions involved companies substantially larger than the $1–$50M SME benchmark and are shown for context, not direct comparison.
Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.