MarshBerry: Valuations starting to plateau for “average” distribution firms but platforms hold up

There are signs that valuations for “average firms” in the US distribution space are starting to plateau, with the average deal value on a guaranteed basis for the 12 months ended Q1 2023 at 10.43x Ebitda, down 2.6 percent from 10.71x at year-end 2022, according to MarshBerry.