M&A Transaction Multiples - Where - Epsilon Research Report

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

eBay / Where

No EMAT : 22940

Announced Date : 20/04/2011

Type : Acquisition of Majority Stake

Deal Value : Yes

Acquirer : eBay

Target : Where

Country : United States

Sector of activity :

Software > Telecom software > Mobile Software
Internet > Internet Professional Services (B2B) > Geographic Information System

Business Description :

Founded in 2004, Where Inc provides local search and recommendation services on mobile phones and Web applications . > The company offers: WHERE, a mobile application for searching and locating...

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 « Mobile Software » = 35
Number of EMAT Reports / sub-sector « Geographic Information System » = 10

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

03/06/2011

Garmin

Navigon

Germany

22977

20/05/2011

EPF Partners

Rayonnance Technologies

France

23524

Source: Epsilon Research / EMAT