Choe: Average North American Buyout Free Cash Flow Yield Is Low Single Digits
Mike Choe · Michael Choe - Atomization of Private Equity Decisions at Charlesbank (EP.432) · Feb 17, 2025 · at 50:20
Mike Choe, CEO of Charlesbank Capital Partners, explains how EBITDA multiples have decoupled from free cash flow yield in private equity.
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“The average free cash flow yield of a North American buyout is in the low single digits now, and so it's no longer really Supposed to be a metric for free cash flow.”
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