Buy Complete Report

Prix: €120 HT

Logo CreditCards Visa Logo CreditCards Mastercard

This report is accessible on EMAT, the reference database for private company acquisition multiples



► Subscribe to EMAT database


Sectors covered by our analysts


► Studies & indices published by Epsilon Research: Register to receive (free) publications updates


► Alert on reports published: Sign up (free) to receive by e-mail updates on EMAT reports published on your preferred sector.


Transaction Multiples for the Valuation of Private Companies

Johnson Matthey / Enapter

No EMAT : 110691
Announced Date : 25/05/2022
Type : Acquisition of Majority Stake
Deal Value : Yes
Acquirer : Johnson Matthey

Target : Enapter
Country : Germany
Sector of activity :
  • Clean Tech > Environment and Climate Change > CleanTech - Renewable Energy
Business Description :
Founded in 2017, Enapter designs and manufactures hydrogen generators: the EL 2.0 electrolyser, a device that splits water into hydrogen and oxygen. > AEM electrolyser: a device that can create...

Transaction multiples available
Gross Profit
P/E Price
to Book
Historic ns ns ns ns ns
Current ns ns 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 « CleanTech - Renewable Energy » = 38
Example of comparable transactions on EMAT (same sub-sector):
Date Acquirer Target Country Multiples See details
23/06/2016 Private Group led by Amundi PEF Snadec France ** 109268
01/08/2017 Private Group led by the Employees EBM Démolition (Environnement Bâtiment Matériaux) Maine-Et-Loire * 109262

Source: Epsilon Research / EMAT

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.

EMAT Report

► 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