Epsilon M&A Deal Report - The Tote (Horserace Totalisator Board)
Transaction Multiples for the Valuation of Private Companies
BetFred (Petfre) / The Tote (Horserace Totalisator Board)
No EMAT :
23699
Announced Date :
10/04/2011
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
BetFred (Petfre)
Target :
The Tote (Horserace Totalisator Board)
Country :
United Kingdom
Sector of activity :
- Online Gaming > Internet > Online Gambling
- Sports & Leisure > Consumer Services > Gambling
Business Description :
Established in 1928, as a statutory authority by Act of Parliament, the Tote is now the fifth largest bookmaker offering sports betting services through shops, Internet, and telephone in the United...
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
|
|---|---|---|---|---|---|---|---|---|
| Historic | 
|
|
||||||
| Current |
|
Rating :
*
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Online Gambling » = 31
- Number of EMAT Reports / sub-sector « Gambling » = 20
| Date | Acquirer | Target | Country | Multiples | See details |
| 11/05/2011 | Private Group led by Qatar Sports Investments (QSI) | Paris Saint-Germain Football Club (PSG) | France | * | 23407 |
| 16/02/2011 | Private Group led by Procuritas Capital Investors | Sonans | Norway | ** | 23365 |
Source: Epsilon Research / EMAT
