Epsilon M&A Deal Report - Spring Group
Transaction Multiples for the Valuation of Private Companies
Adecco UK Holdco / Spring Group
No EMAT :
20288
Announced Date :
11/08/2009
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
Adecco UK Holdco
Target :
Spring Group
Country :
United Kingdom
Sector of activity :
- Recruitment Services > Human Resources Services > Business Services > Interim recruitment services
- Recruitment Services > Human Resources Services > Business Services > Labour recruitment and provision of personnel (permanent)
Business Description :
Founded in 1990, Spring Group plc provides recruitment, staffing, and related services . It operates in 3 divisions: General Staffing : offers permanent, temporary, and contract commercial staffing...
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
|
|---|---|---|---|---|---|---|---|---|
| Historic | 
|
|
|
|
|
|
|
|
| Current |
|
|
ns | ns | ns | ns |
Rating :
**
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Interim recruitment services » = 38
- Number of EMAT Reports / sub-sector « Labour recruitment and provision of personnel (permanent) » = 45
| Date | Acquirer | Target | Country | Multiples | See details |
| 30/09/2008 | Private Group led by NorgesInvestor | Arena Personal | Sweden | *** | 20287 |
| 27/05/2009 | Private Group led by Graphite Capital | OPD Group | United Kingdom | ** | 20286 |
Source: Epsilon Research / EMAT
