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Epsilon Research covers the M&A transactions for the "Software" industry [1157 EMAT Reports], which includes:


Our analysts publish transaction multiples reports for private company M&A deals (announced 2004 onwards).

Each report presents detailed information on the deal value, structure and rationale, the target's activity, history and financial information; it includes the calculation of the key historic and current multiples: enterprise value over sales (EV/S), EBITDA (EV/EBITDA), or EBIT (EV/EBIT), P/E and Price to Book. All information sources are systematically given and company financials are carefully verified and restated if needed.


The reports are a unique source of information to have a comparable metric for the valuation of a private company, establish the "market value" of an investment or private equity investment portfolios.


The deal reports are published in Epsilon's EMAT database.
For an example of EMAT report, please click on this link.
If you wish to buy an EMAT Report, and you are not a customer, please contact us.


Recent M&A Deal Reports Published on EMAT

Date Acquirer Target Country Industries Valuation multiples See details
30/10/2018 Wolters Kluwer eVision Industry Software Netherlands Business Process Management (BPM), Industrial Software * 91918
16/10/2018 Cvent Social Tables United States Business Process Management (BPM), Food Service Software , Hospitality Software * 91966
11/10/2018 RealPage Rentlytics United States Real Estate Software ** 91961
03/10/2018 Series D funding round led by OMERS Ventures Hopper Canada Transport Management System (TMS), Artificial Intelligence (AI) * 91433
27/09/2018 Global Payments (GPN) SICOM Systems United States Banking software / payment system, Food Service Software ** 92012
18/09/2018 Certify Captio Tech S.L. Spain Enterprise Content Management (ECM) * 91397
09/08/2018 WiseTech Global Taric Spain Transport Management System (TMS) ** 90744
02/08/2018 Cisco Systems Duo Security United States Security Software ** 91522
01/08/2018 Amadeus IT Group TravelClick United States Internet Professional Services (B2B), Hospitality Software *** 90650
24/07/2018 GrubHub SCVNGR (Levelup) United States Banking software / payment system, Food Service Software ** 90513
03/07/2018 Altus Group Taliance Group Paris Private & I-banking software, Real Estate Software ** 90023
10/06/2018 Workday Adaptive Insights United States Software as a Service (SAAS), Business Process Management (BPM) *** 91574
30/05/2018 Series E funding round led by Goldman Sachs, PSP Investments, H14 and GP Bullhound Tradeshift United States Banking software / payment system * 90903
30/05/2018 Corporate funding round led by Daimler Taxify Estonia Mobile Software, Transport Management System (TMS) * 90928
28/05/2018 Visma Raet Netherlands Human Resource Management (HRM) * 89577
23/05/2018 Mitek A2iA Paris Artificial Intelligence (AI) ** 89588
21/05/2018 Adobe Systems X.commerce (Magento) United States Retail Software *** 91559
09/05/2018 Series D funding round from Lightspeed Ventures, Future Fund, Khosla Ventures, and General Catalyst ThoughtSpot United States Specialized Software * 90819
19/04/2018 Booking Holdings FareHarbor United States Hospitality Software * 89871
28/03/2018 Thales Gemalto Netherlands Electronic Security Systems, Security Software *** 89288
About Epsilon Research

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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► 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).


► Example of EMAT Report