M&A Transaction Multiples - Prooftag - 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

Prooftag - Valuation Multiples - Security Software

Fund raising / Prooftag

No EMAT : 28953

Announced Date : 04/11/2010

Type : Acquisition of Minority Stake

Deal Value : Yes

Acquirer : Fund raising

Target : Prooftag

Country : France

Sector of activity :

Software > Business Software > Security Software

Business Description :

Prooftag company develops security and traceability solutions for use in brand protection and in the certification of documents . > In 1999, the company Novartec discovered by chance a "spontaneus"...

Transaction multiples available

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

Rating :

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

Source: Epsilon Research / EMAT

Comparable Transactions

Number of EMAT Reports / sub-sector « Security Software » = 24

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

12/07/2010

Quest Software

Voelcker Informatik (Völcker)

Germany

29157

30/08/2010

Private Group led by One Equity Partners LLC

Smartrac

Netherlands

21570

Source: Epsilon Research / EMAT