What was the median EV/EBITDA multiple for IT Services in 2023?

The median EV/EBITDA multiple for IT Services acquisitions in 2023 was 10.71x, based on 3 disclosed transactions. The p25-p75 range was 4.15x to 10.83x.

What was the median EV/Revenue multiple for IT Services in 2023?

The median EV/Revenue multiple for IT Services acquisitions in 2023 was 1.47x, based on 12 disclosed transactions. The p25-p75 range was 0.64x to 3.58x.

2023M&A Transaction Multiples

IT Services Multiples - 2023

Sourced from 12 publicly disclosed IT Services acquisitions in 2023. Public records only (SEC EDGAR + verified press releases).

EV / EBITDA

10.7x

median · p25 4.2x - p75 10.8x · n=3

EV / Revenue

1.5x

median · p25 0.6x - p75 3.6x · n=12

Value your IT Services business

Instant valuation range + a sellability score with the 5 specific drivers worth the most at the LOI table. Backed by 25,592 real M&A transactions.

IT Services multiples by year

2025 · 9.04x EBITDA 2024 · 12.5x EBITDA 2023 · 10.71x EBITDA 2022 · 6.08x EBITDA 2021 · 11.26x EBITDA 2020 · 7.88x EBITDA 2019 · 6.49x EBITDA 2018 · 9.41x EBITDA

Other verticals - 2023 multiples

Dental Practice· 9x EBITDA Electronics· 9.54x EBITDA Healthcare IT· 24.6x EBITDA Industrial Equipment· 14.04x EBITDA Insurance Agency· 15.89x EBITDA Laboratory Services· 17.6x EBITDA Medical Devices· 13.7x EBITDA Metal Fabrication· 3.54x EBITDA Oil Gas Services· 4.99x EBITDA Other· 17.02x EBITDA Other Healthcare· 11.5x EBITDA Other Manufacturing· 12.7x EBITDA Other Professional Services· 7.21x EBITDA Other Technology· 22.88x EBITDA SaaS· 31.3x EBITDA Trucking· 5.96x EBITDA Wholesale Distribution· 9.52x EBITDA

Data sourced from 12 disclosed IT Services M&A transactions in 2023. Aggregations: median (p50), p25, p75. Quality gate: n ≥ 10 deals per (vertical x year) cell. Data generated 2026-05-26.Full methodology →