what do you think medium size professional service businesses...

what do you think medium size professional service businesses normally sell for? without synergies and other logic (ie taking out a competitor) you’re typically looking at 3-4 times earnings

you’re looking at this as though it’s a guaranteed risk free business, when in fact it’s primarily just a brand and employment contracts

And as I said why would everyone want to be on here claiming the newly acquired company was “stolen” and a discount bargain when the ex owners are now part of the TNT team?

it’s a fair price that is higher than anyone else would be able to pay but still a great deal for TNT