M&A Transaction Multiples - Haldex Traction Systems Division

Epsilon Research is an independent research and financial analysis bureau, and the reference source of transaction multiples for the valuation of private companies through its EMAT database.

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This report is accessible on EMAT, the reference database for private company acquisition multiples

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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

BorgWarner / Haldex Traction Systems Division

No EMAT : 22469

Announced Date : 17/12/2010

Type : Acquisition of Majority Stake

Deal Value : Yes

Acquirer : BorgWarner

Target : Haldex Traction Systems Division

Country : Sweden

Sector of activity :

Software > Integrated software
Transport Equipment & Manufacturers > Automobiles & Parts > Auto Parts Suppliers > Drivetrain
Transport Equipment & Manufacturers > Automobiles & Parts > Auto Parts Suppliers > Electronics / Electricity / Wiring

Business Description :

Haldex Traction Systems is a subcontractor in the vehicle industry. The company develops and manufactures electronically controllable systems for all-wheel-drive systems for cars , known as AWD...

Transaction multiples available

	EV/ Sales	EV/ Gross Profit	EV/ EBITDA	EV/ EBIT	Eq/ PBT	P/E	Price to Book	Specific multiple(s)
Historic		-			-	-		-
Current		-	-	-	-	-

Rating :

	Multiple available
n.s.	Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

Number of EMAT Reports / sub-sector « Integrated software » = 33
Number of EMAT Reports / sub-sector « Drivetrain » = 14
Number of EMAT Reports / sub-sector « Electronics / Electricity / Wiring » = 17

Example of comparable transactions on EMAT (same sub-sector):

04/05/2010

Funding round led by Amundi Private Equity Funds

Wyplay

France

22698

07/05/2010

Orbis Technology (OpenBet Technologies)

Alphameric Solutions

England

23043

Source: Epsilon Research / EMAT