Capital Expenditures (CapEx) is essentially all the money spent on fixed assets for your business and/or improving existing fixed assets of your business. So, how is CapEx relevant to the sale valuation of your business? Any smart buyer will be concerned with growth CapEx versus maintenance CapEx. Maintenance CapEx is essentially the on-going capital expenditures for the maintenance of your existing fixed assets, like your equipment. Growth CapEx relates to new capital expenditures which will drive the future growth of the business. In this podcast Gower Idrees, CEO of RareBrain, offers insights into CapEx normalization during a business sale.