DEBT MARKET UPDATE FIRST QUARTER 2019
Throughout 2018 the debt markets remained historically aggressive in terms of pricing, leverage and covenant flexibility. There has been a surge in non-bank direct lending in the middle market.
Omaha, NE, March 18, 2019 – Bridgepoint Investment Banking is pleased to announce and welcome its recent hire of Sarah Lakers, who will join the Bridgepoint team as Executive Administrator working from the corporate office in Omaha, NE. Ms. Lakers is an experienced Executive Assistant with extensive knowledge of administrative tasks and job functions for both publicly traded and privately-owned companies.
Public physician practices, surgery centers and hospitals are currently trading at a median multiple of 9.8x (TEV / LTM EBITDA), down from the most recent cycle peak of 11.0x reached in June 2015.
Industry valuations follow the S&P 500 index relatively closely. However, public market data is limited as most providers are private.
‘Tis the season of giving, which got us thinking about how and when businesses make charitable contributions. Many owners see this as a way to give back to the community that supported the company and helped it grow.