How are consulting fees treated at portcos/valuation?

I see a bunch of spend-cubes from portfolio companies and almost always there are millions in fees for McKinsey, Bain, etc.

How is this treated in valuation/evaluating the business? Do people just always assume these are "extraordinary" expenses and adjust EBITDA for it?

At what point does this get recurring?

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How are consulting fees treated at portcos/valuation?

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