Alessandro Niglio, CFA, is a partner, valuations, at Grant Thornton. He is a seasoned Chartered Financial Analyst and a member of the Royal Institute of Chartered Surveyors (MRICS), boasting a rich career spanning 11 years, predominantly in the valuation domain. His expertise encompasses a comprehensive range of assets, including private equity, venture capital, and fixed income instruments. Alessandro's portfolio of completed projects is marked by high-profile valuations of shares, businesses, and distressed debts, all tailored for multifaceted objectives such as restructuring strategies and financial remediation.
Exit multiples in high-growth companies should reflect growth expectations and interest rates, not market medians.