Ask a pediatric therapy practice owner what their business is worth and the answer will almost always arrive in the same form: a number, multiplied by EBITDA. The metric is ubiquitous across behavioral health M&A, the first figure quoted on conference panels, in pitch decks, and in the early conversations between practice owners and the advisors they hire to sell. It offers the appeal of simplicity: take a company’s earnings before interest, taxes, depreciation, and amortization, multiply by a figure drawn from comparable transactions, and arrive at a valuation. The problem, according to Dr. Luis Lopez of Mergium Advisors, a boutique M&A advisory firm that specializes in behavioral health and education transactions, is that in this particular sector, the simplicity is a mirage.
Read the full article: Pediatric Therapy Practice Valuation: Why EBITDA Multiples Mislead and What Actually Drives Value in ABA and Therapy M&A //
Source: https://acuity.news/m-and-a/pediatric-therapy-practice-valuation-ebitda-multiples-2026/