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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 Lloyds TSB Development Capital Ltd (LDC) / Easynet Global Services

22503
22/07/2010
MBO (Management Buy Out)
Yes
Private Group led by Lloyds TSB Development Capital Ltd (LDC)

Easynet Global Services
England
IT services > IT Consulting & Services > IT Outsourcing
Founded in 1994, Easynet Group is a broadband networking company providing Internet protocol (IP)-based wide area networking solutions to businesses and consumers in the United Kingdom and...

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

Source: Epsilon Research / EMAT

Comparable Transactions

  • Number of EMAT Reports / sub-sector « IT Outsourcing » = 31
Example of comparable transactions on EMAT (same sub-sector):
DateAcquirerTargetCountryMultiplesSee details
17/03/2010 Scottish Equity Partners LLP (SEP) ControlCircle England
22506
15/01/2010 Edmond de Rothschild Investment Partners (EdRIP) Smile France
21422

Source: Epsilon Research / EMAT