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Smart for Life Releases Corporate Video on Definitive Agreement to Acquire Purely Optimal Nutrition

Benzinga

Purely Optimal is currently generating estimated revenue in excess of $8 million and over $1 million of Adjusted EBITDA for the trailing twelve months. The acquisition is expected to close within the next eight weeks and is subject to financing. Full story available on Benzinga.com

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The Simply Good Foods Company to Acquire Only What You Need (OWYN)

Benzinga

2 They have strong relationships with blue-chip customers in both measured and natural channels and have an impressive, profitable and growing Ecommerce business. 2 estimated Adjusted EBITDA, 3 including run-rate synergies. In 2024, we expect OWYN will achieve net sales of approximately $120 million. 3 estimated net sales and 13.3x

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Golden Matrix Provides Corporate Update on Pending Acquisition

Benzinga

Mr. Goodman noted that the MeridianBet Group has increased its year-to-date revenues considerably against last year's revenues; and the proforma performance of the combined company, following the acquisition, is now projected to be approximately $132 million in revenues and $27 million in Adjusted EBITDA, for the October 31, 2023 fiscal year.

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How to Value and Sell an E-Commerce Business

FE International

Understanding Financing Options. EBITDA Method of Valuation. With EBITDA, any compensation paid to an owner is considered a legitimate operating expense and is not added back. EBITDA is used to gauge the performance of a business in terms of profitability before certain uncontrollable or non-operational expenses.

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