KKR to acquire Nothing Bundt Cakes for over $2B (opens in new tab)

(reuters.com)

10 pointsmattas11h ago1 comments

1 comments

Does $120m EBITDA really justify a $2B purchase?

Must have some amazing intangibles given what I know of the usual EBITDA multiplier used for such businesses.

j / k navigate · click thread line to collapse

(reuters.com)

10 pointsmattas11h ago1 comments

Does $120m EBITDA really justify a $2B purchase?

Must have some amazing intangibles given what I know of the usual EBITDA multiplier used for such businesses.

j / k navigate · click thread line to collapse