You want to sell your asbestos company? Then it's good to know what the takeover market in the asbestos company field looks like.
For several years, the industry has been on the rise, and this growth is expected to continue as society becomes more aware and laws and regulations become stricter.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the construction and installation technology sector, to which an asbestos company belongs, an indicative EBITDA multiple range of 3.7 to 4.7 is currently used, according to the Brookz Takeover Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculationDo you want to buy a business or sell a business in the Construction & Installation Technology sector? With this Brookz Sector Monitor, we want to present buyers and sellers with facts, figures and a look ahead that provide insight into the number of transactions, the value development of businesses and the latest trends and developments in Construction & Installation Technology. Because in any buying or selling process, thorough preparation provides peace of mind, overview and structure.
Download reportThere are many startups in the market every year, and small-scale organizations, which means that the number of businesses with one person working is relatively high.
In numbers, the number of businesses in remediation and waste management looked as follows in 2024(CBS):
With this online training from Brookz you are optimally prepared to largely sell your business yourself: 25 Powerpoint videos, a comprehensive valuation report, legal model contracts, handy templates, checklists and expert support. Plus 50% discount on listing your business on Brookz!
To Brookz AcademyA number of trends and developments will inevitably cause changes over the next few years, but also offer asbestos companies many growth and acquisition opportunities:
According to the director of Economic Institute for Construction, circular demolition and remediation must become the standard. The government has other priorities, while good policy is needed to make circularity profitable.
Although online visibility is essential for almost all business owners and organizations, there is a rise in asbestos-related searches in search behavior. Consumers are looking for good service providers in the remediation industry because of the ban on asbestos roofs.