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Epsilon Research covers the M&A transactions for the "Software" industry [1134 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
09/08/2018 WiseTech Global Taric Spain Transport Management System (TMS) ** 90744
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
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
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
27/03/2018 Series D funding round led by Kleiner Perkins Caufield & Byers Intercom United States Marketing Software * 90770
22/03/2018 Series D financing round led by Andreessen Horowitz and General Catalyst Samsara Networks United States Integrated software, Telecommunications equipment, Telecom software * 90738
07/02/2018 WiseTech Global Intris Belgium Transport Management System (TMS) * 89996
24/01/2018 Funding round led by Axeleo Capital Hxperience Paris Mobile & Wireless Telecom Services, Mobile Software * 90710
22/01/2018 Series E round led by Rakuten Maxi Mobility Spain SL (Cabify) Spain e-services (B2C), Transport Management System (TMS) ** 90674
08/12/2017 Series D funding round led by SoftBank Group DoorDash United States Food Service Software * 90733
06/11/2017 Fund raising led by private investors Advalo Paris Software as a Service (SAAS), Marketing Software * 87332
16/10/2017 Mitek Systems ICAR Vision Systems Spain Security Software, Computer Graphics Software ** 90558
29/08/2017 Inside Secure Meontrust Finland Security Software * 89909
03/08/2017 PROS Vayant Travel Technologies United States Transport Management System (TMS) ** 86815
01/08/2017 Navient Duncan Solutions United States Debt Collection Services, Transport Management System (TMS) ** 86923
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