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Epsilon Research covers the M&A transactions for the "Software" industry [1313 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
15/07/2020 TeamViewer Ubimax Germany Virtualization Software, Industrial Software *** 101156
26/05/2020 International CX Co Netherlands Mobile Software, Artificial Intelligence (AI) ** 100683
10/04/2020 Private Group Led by Ambienta Namirial Italy Security Software * 100979
09/04/2020 Private Group Led by Investcorp Technology Partners Avira Germany Security Software ** 100955
04/03/2020 Align Technology exocad Global Germany Medical Software * 98936
25/02/2020 Glory Acrelec Group Seine-Et-Marne Electronic Equipment (for corporates), Electronic Equipment, Retail Software, Food Service Software ** 100764
12/02/2020 Funding round led by DXC Technology and ABN AMRO Fenergo Ireland Financial Software, Customer Relationship Management (CRM), Product Lifecycle Management (PLM) ** 98779
07/02/2020 Private Group Led by HG Capital Trust Smart Trade Technologies Bouches-Du-Rhône Financial Markets software * 100698
21/01/2020 Wex eNett Singapore Specialized Software, Banking software / payment system * 98363
17/01/2020 Private Group led by Omnes Capital Opportunity Paris Software as a Service (SAAS), Customer Relationship Management (CRM) * 99020
16/01/2020 Cornerstone OnDemand Clustree France Human Resource Management (HRM) * 99076
07/01/2020 Sapiens International Sum.cumo Germany Financial Software * 98737
07/01/2020 Lightspeed POS Gastrofix Germany Banking software / payment system, Software as a Service (SAAS), Retail Software ** 98753
27/12/2019 CompuGroup Medical Epsilog Hérault Medical Software ** 97488
19/12/2019 Amadeus Fire ComCave Germany Training, Education / Learning software ** 97493
12/12/2019 Series A fundraising backed by Evolv Ventures Zippin California Food & Drink R&W, Artificial Intelligence (AI) * 98101
05/11/2019 Wirecard AllScore Payment Services Beijing Banking software / payment system * 98317
17/10/2019 Series B funding round backed by Mustard Seed, Ingka Investments, Circularity Capital, D-Ax and The Ingenious Group Winnow United Kingdom Software as a Service (SAAS), Food Service Software , Artificial Intelligence (AI) * 96962
17/10/2019 Shopify 6 River Systems Massachusetts Electronic Equipment (for corporates), Artificial Intelligence (AI) * 98082
16/10/2019 Sabre Corp Radixx Solutions International United States Transport Management System (TMS) ** 96688
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