M&A Transaction Multiples - Tinet - 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

Neutral Tandem / Tinet

No EMAT : 21563

Announced Date : 09/09/2010

Type : Exit,Acquisition of Majority Stake

Deal Value : Yes

Acquirer : Neutral Tandem

Target : Tinet

Country : Italy

Sector of activity :

Software > Telecom software > Telecom infrastructure Softwares
Telecommunication services > IT Service Provider & VoIP > VoIP

Business Description :

Founded in 2002, Tinet SpA provides IP and Ethernet services to carriers, Content Distribution Network providers, Hosting and Content/Media companies worldwide. The carrier guarantees customers...

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.	-	-
Current		-				n.s.

Rating :

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

Source: Epsilon Research / EMAT

Comparable Transactions

Number of EMAT Reports / sub-sector « Telecom infrastructure Softwares » = 23
Number of EMAT Reports / sub-sector « VoIP » = 22

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

18/02/2010

Daisy Group

BNS Telecom Group

England

21913

29/01/2010

Spiritel

Boucon Network Solutions

Wales

21919

Source: Epsilon Research / EMAT