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Domain · Technical Depth

In a quality-of-earnings review, how do you think about EBITDA add-backs — which ones you accept, which ones you push back on, and why the answer moves the purchase price?

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Add-backs adjust reported EBITDA toward a normalized, run-rate number a buyer would actually inherit, and since the deal is priced at a multiple of that number, every dollar of add…

The full answer: structure, worked example, likely follow-up.

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