Terms & Conditions

SME Multiples provides general information, research and indicative data relating to business valuation multiples, industries and M&A transactions.

The website is provided for informational and research purposes only.

Valuation multiples, ranges, benchmarks and other estimates published by SME Multiples are indicative only. They are not formal valuations of any particular business and should not be relied upon as such.

Nothing on this website constitutes investment, financial, accounting, tax, legal or other professional advice.

Actual business valuations can vary materially depending on factors including profitability, EBITDA, growth, margins, recurring revenue, customer concentration, owner dependence, geography, market conditions, debt, cash and transaction structure.

Users should independently verify material information and obtain appropriate professional advice before making financial, investment or business decisions.

Transaction case studies are based on publicly available information and are provided for research and context.

Figures may include reported, adjusted, forecast or calculated amounts. Where SME Multiples calculates a transaction multiple from publicly available information, the resulting figure is an indicative calculation rather than a valuation provided by the parties to the transaction.

Transaction structures may include deferred consideration, earn-outs, debt, cash, equity or other adjustments that are not fully reflected in headline figures.

Historical transactions should not be treated as directly comparable valuations of other businesses or as indications of future transaction values.

SME Multiples aims to provide useful and accurate information but does not guarantee that content is complete, accurate, current or free from error.

Some research, analysis and content may be produced with the assistance of artificial intelligence. AI-assisted information may contain errors or omissions and should be independently verified where material.

SME Multiples may correct, update or remove content at any time.

SME Multiples may link to company announcements, regulatory filings, reports and other third-party sources.

These links are provided for reference and convenience. SME Multiples does not control third-party websites and is not responsible for their content, availability or privacy practices. A link does not imply affiliation with or endorsement by the third party.

Unless otherwise stated, the original content, design, organisation, analysis and compilation of SME Multiples are owned by or licensed to SME Multiples and may be protected by applicable intellectual property laws.

You must not systematically scrape, extract, reproduce, republish, sell, license or commercially redistribute substantial parts of the SME Multiples website or database without prior permission.

Company names, trademarks and other third-party intellectual property remain the property of their respective owners.

Unless expressly stated otherwise, SME Multiples is independent and is not affiliated with, sponsored by, approved by or endorsed by companies, investors, advisers or other organisations referenced on the website.

SME Multiples may display promotional banners, partner content or links to third-party platforms, including affiliate or referral links. Where an affiliate or referral link is used, SME Multiples may earn a commission or referral fee if you click through and take an action (such as signing up or completing a purchase) at no additional cost to you.

Affiliate and referral relationships do not influence the valuation multiples, benchmarks, case studies or other editorial content published on this website. SME Multiples only features partners it considers relevant to its audience of business owners, investors and advisers.

You are under no obligation to use any affiliate or referral link, and SME Multiples is not responsible for the content, pricing, products or services of third-party platforms.

To the fullest extent permitted by law, SME Multiples accepts no liability for losses arising from reliance on information provided on this website.

SME Multiples does not guarantee that the website or any content will always be available, uninterrupted or free from errors.

We may change, suspend, restrict or withdraw content or functionality at any time.

These Terms & Conditions may be updated from time to time. The latest version will be published on this page with its last-updated date.

If you believe information published on SME Multiples is inaccurate or requires correction, please contact us through the Contact page.

We will review reasonable correction requests and may amend or remove information where appropriate.