Missed our Q4 2025 Private Company Market Update? Click here to read! As 2025 comes to a close, private company valuation data for Q4 2025 points to a market that is stabilizing, but not accelerating. While valuation multiples remain healthy by historical standards, modest softening in profitability and widening differences across sectors and company sizes continue to shape transaction outcomes. EBITDA Multiples Stabilize After Recent Softening Median private company EBITDA m