M&A Intelligence

Puck & RedBird Capital Valuation Workbench

Grounding: Axios scoop on Puck in advanced talks with RedBird Capital for a ~$250M deal
Reported Valuation
$250.0M
Total Est. Revenue (ARR)
$24.0M
Implied Revenue Multiple
10.42x
Subscribers / Direct ARPU
60.0k @ $100

Model Unit Economics

RedBird PE Deal Structure

Revenue Breakdown & Multiple Comps

Annual Revenue Stream Composition ($M):

M&A Benchmark Multiples

Outlet / Deal Type Valuation Est. Revenue ARR Multiple

Private Equity Exit Hurdle Waterfall (3-Yr & 5-Yr)

Post-Money Investor Stake
24.0%
3-Yr 15% IRR Exit Hurdle
$380.2M
5-Yr 2.5x MOIC Target Exit
$625.0M
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