Consumer brand · Automotive art Acquisition, growth and exit
MotorArt: acquired and exited in 13 months
Acquired in February 2023 for 0.7x EBITDA, grown to $2M a year, and sold in March 2024 for 2.4x EBITDA after offers from 11 parties, generating $1.2M in ROI.
- EBITDA multiple at acquisition
- 0.7x
- Annual revenue at exit
- $2M
- EBITDA multiple at exit
- 2.4x
- ROI generated
- $1.2M
The acquisition
We acquired MotorArt in February 2023 for 0.7x EBITDA.
What we did
We grew the brand to $2M a year in revenue in just over a year.
The exit
The sale process attracted offers from 11 different parties. We exited in March 2024 at 2.4x EBITDA, generating $1.2M in ROI, 13 months after acquisition.
