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Epsilon Research covers the M&A transactions for the "Telecommunication Services" industry [386 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
08/09/2017 Equinix Itconic (Formerly Telvent Global Services) Spain IT Service Providers ** 86157
04/09/2017 Cellnex Telecom Alticom Netherlands Cable / Fixe Line Telecom, Mobile & Wireless Telecom Services *** 86123
06/07/2017 Bottega InvestCo Getronics Netherlands IT Outsourcing, IT Service Provider & VoIP *** 86222
24/05/2017 LINK Mobility Group ViaNett Norway Mobile & Wireless Telecom Services, Mobile Software *** 84618
22/05/2017 Telia Company Nebula Top Oy Finland IT Service Providers *** 84713
16/02/2017 CLX Communications Xura Secure Communications Germany Telecom software, Mobile & Wireless Telecom Services *** 83719
31/01/2017 Cellnex Telecom Bouygues Portfolio of 1,800 Towers France Cable / Fixe Line Telecom, Mobile & Wireless Telecom Services *** 88347
22/12/2016 Telenet Group Coditel Brabant ("SFR Benelux") Luxembourg Cable / Fixe Line Telecom ** 81857
19/12/2016 ATC Europe FPS Towers Hauts-De-Seine Cable / Fixe Line Telecom, Mobile & Wireless Telecom Services *** 88267
13/12/2016 Elisa Oyj Starman Estonia Cable / Fixe Line Telecom, VoIP Telephony Services *** 81956
05/12/2016 Fastweb Tiscali Business Branch Italy VoIP Telephony Services * 82121
24/11/2016 L & H Biehl Stockwik Telekom (now My Stars) Sweden Telecom services for corporates, Telecom Products Retail ** 88656
12/10/2016 Metronet (UK) M247 England IT Service Providers ** 82701
29/09/2016 Cellnex Telecom Shere Group England Cable / Fixe Line Telecom, Mobile & Wireless Telecom Services ** 88054
05/09/2016 Altice Parilis Luxembourg Cable / Fixe Line Telecom * 79983
16/08/2016 Private Group led by AMP Capital Investors Axion (Axion Infraestructuras de Telecomunicaciones) Spain Cable / Fixe Line Telecom * 80133
15/08/2016 Nasstar Modrus England IT Service Providers, Virtualization Software *** 82618
08/08/2016 SpeedCast International WINS Malta Telecom services for corporates, Mobile & Wireless Telecom Services ** 80112
28/07/2016 Private Group led by Sofival Digital Virgo France Internet Portals, Mobile & Wireless Telecom Services, Video-On-Demand ('VOD') * 80042
11/07/2016 Cellnex Telecom Bouygues Portfolio of 230 Towers France Cable / Fixe Line Telecom, Mobile & Wireless Telecom Services ** 88368
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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The Reference Source for Private Company Acquisition Multiples

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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