The spirits industry is a mature, fragmented industry with economies of scale, which is a recipe for consolidation. Large spirits companies have been acquisitive in the tequila segment, particularly ...

Most owners of printing and packaging companies are generally familiar with EBITDA, EBITDA multiples, and the effect they have on the valuation of their businesses. Because buyers of businesses in ...

Callaway's transition to a golf entertainment company provides opportunity for a higher valuation range. Topgolf is expected to generate $1.06 billion in revenue and $158 million in EBITDA in 2021.