Deal Trending Comparison 2012 to 2013
In the small business arena, transaction multiples increased year over year. For the first six months of 2012 to the first six months of 2013, the median revenue multiple narrowly increased from 0.49 in 2012 to 0.50 in 2013, reflecting a 2% increase. The median EBITDA multiple increased more significantly, from 2.69 in 2012 to 3.07 in 2013, reflecting a 14% increase. The median transaction price remained flat at $230,000.
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Data analyzed on the mean, reflecting a skew from larger transactions, increased as well year over year. Transaction activity was down year over year, which is likely attributed to a timing lag in reporting transactions in 2013. While taking this into account, the median and mean transaction prices decreased 1% and 35%, respectively from 2012 to 2013. 
Retail stores and service businesses accounted for the most active industries in the first six months of 2012 and 2013. Revenue and EBITDA multiples were highest in the specialty contractor and manufacturing industries. Transaction activity among Access Value's 2013 client engagements are primarily OEM, business-to-business, and professional service companies.
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