MULTIPLES FOR AN MSP IN THE NORTHEAST

I am looking at an Information Technology - Managed Services Provider (MSP) based in the Northeast that does roughly $8.5 mm in revenue and $1mm in SDE. What and how are people evaluating these types? I've read between 4-5x SDE? What are other methods that are being utilized and what is the market paying for these types of companies?

Thank you.



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