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Each EMAT Report includes the detailed analysis of the transaction: deal rationale and structure, target business lines and financials (restated), valuation multiples (calculation and analysis).

 

 

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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

Private Group led by Finadvance / RAC France & RAC Service Europe

21465
24/11/2009
MBO (Management Buy Out)
Yes
Private Group led by Finadvance

RAC France & RAC Service Europe
France
Financial services
Consumer Services > Travel & Tourism
Business Services > Professional Services > Insurance Brokerage
Founded in 1990 RAC Service Europe provides roadside assistance and accident management services for RAC's U.K. customers while RAC France supplies extended car warranties . > RAC Service Europe...

Transaction multiples available
EV/
Sales
EV/
Gross Profit
EV/
EBITDA
EV/
EBIT
Eq/
PBT
P/E Price
to Book
Specific
multiple(s)
Historic - -
Current - - - - - -
 
Multiple available
n.s.   Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

  • Number of EMAT Reports / sub-sector « Financial services » = 9
  • Number of EMAT Reports / sub-sector « Travel & Tourism » = 44
  • Number of EMAT Reports / sub-sector « Insurance Brokerage » = 29
Example of comparable transactions on EMAT (same sub-sector):
DateAcquirerTargetCountryMultiplesSee details
22/04/2009 Private group led by Societe Generale Capital Partenaires Vedettes de la Seine France
22862
26/02/2009 Charles Taylor Consulting Axiom Holdings England
19887

Source: Epsilon Research / EMAT