Epsilon M&A Deal Report - Newex Marketing
Transaction Multiples for the Valuation of Private Companies
ITE Group / Newex Marketing
No EMAT :
21134
Announced Date :
24/12/2008
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
ITE Group
Target :
Newex Marketing
Country :
Turkey
Sector of activity :
- Marketing & Communication Services > Media - Communication > Event Organiser
Business Description :
Newex owns 75% of the company which owns: the East Mediterranean International Travel and Tourism exhibition (‘EMITT’): annual tourism exhibition in Istanbul ; a hotel guide for the Turkish market.
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
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|---|---|---|---|---|---|---|---|---|
| Historic | 
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| Current |
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Rating :
**
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Event Organiser » = 60
| Date | Acquirer | Target | Country | Multiples | See details |
| 12/10/2009 | ITE Group | Airgate Holdings | Cyprus | ** | 21126 |
| 04/02/2010 | Consortium led by Financiere Lov and Publicis Groupe SA | France Televisions Publicite | France | * | 21125 |
Source: Epsilon Research / EMAT
