M&A Intelligence · Est. 2024

Real Numbers Behind
SBA-Range SMB Deals

Every Tuesday · We scan every SBA-range SMB listing ($1M–$5M EBITDA), normalize EBITDA and SDE, and deliver sharp, honest insights for serious buyers and lenders.

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From the Archive

Deal Diligence #007 — Pain Clinics at 2.50x SDE, Where Cheap Is Not Cheap

Jun 7, 2026

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11 min read

Deal Diligence #007 — Pain Clinics at 2.50x SDE, Where Cheap Is Not Cheap

"A Florida pain clinic asking 2.50x SDE. The lowest multiple in this week's valid sample, in a category where Florida specifically maintains the most aggressive enforcement framework in the country. The discount is not what it appears to be."

Issue 008 — SBA-range SMB Market, Week of June 1

Jun 1, 2026

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16 min read

Issue 008 — SBA-range SMB Market, Week of June 1

"36 unique listings reviewed, 8 in the valid SBA-range sample. The largest weekly intake produced the smallest valid sample in eight issues."

Deal Diligence #006 — Medical Device Distribution at 6.07x SDE on a 62.5% Margin

May 30, 2026

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12 min read

Deal Diligence #006 — Medical Device Distribution at 6.07x SDE on a 62.5% Margin

"Deal Diligence #006: 6.07x SDE looks reasonable. The 62.5% margin says it isn't, until normalized. After normalization, the multiple is 8-12x, the price still works, and the buyer pool changes entirely."

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Real Numbers BehindSBA-Range SMB Deals