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the multiple

the multiple

Everybody sees the deal.

The interesting part is what happens next.

Every Friday, The Multiple covers the week in private equity and the operating decisions underneath the numbers.

Private equity, after the press release.

Articles

Private Equity

+2

The second bet on less plastic

Oct 15, 2026

•

3 min read

The second bet on less plastic

Nick McClish
Nick McClish

Weekly Multiple

+1

A $1.4bn seat at the table

Oct 9, 2026

•

4 min read

A $1.4bn seat at the table

A possible future buyer joins at entry. Plus Boots’ new perimeter and Clarion’s three multiples.

Private Equity

+2

Gen II and the revenue you did not buy

Oct 7, 2026

•

4 min read

Gen II and the revenue you did not buy

Two acquisitions, two value-creation mechanisms, and a better way to underwrite the next add-on.

Nick McClish
Nick McClish

Private Equity

+2

Recurring revenue. Recurring work.

Oct 1, 2026

•

6 min read

Recurring revenue. Recurring work.

Inside May River’s Dickson exit, and the work behind recurring revenue.

Nick McClish
Nick McClish

Weekly Multiple

+2

$3bn to stay on shore

Sep 26, 2026

•

5 min read

$3bn to stay on shore

Royal Caribbean wants your other vacation. Plus a $6.6bn exit and the business of gathering hospital bosses.

Nick McClish
Nick McClish
One bestseller is not a business model

Sep 23, 2026

•

7 min read

One bestseller is not a business model

Inside Presidio’s Podium exit, and the difference between buying a catalog and building a publisher.

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the multiple

Private equity outcomes, reconstructed decision by decision: what was bought, what changed during the hold, and what actually created the multiple.

© 2026 The Multiple.
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