Epsilon M&A Deal Report - Descartes Underwriting
Transaction Multiples for the Valuation of Private Companies
Series A financing round led by Cathay Innovation and Serena Capital / Descartes Underwriting
No EMAT :
105118
Announced Date :
03/08/2020
Type :
Acquisition of Minority Stake
Deal Value :
Yes
Acquirer :
Series A financing round led by Cathay Innovation and Serena Capital
Target :
Descartes Underwriting
Country :
Hauts-De-Seine
Sector of activity :
- Internet Professional Services (B2B) > Internet > Online financial services
Business Description :
Founded in 2018 by Tanguy Touffut , Sébastien Piguet and Kevin Dedieu, Descartes Underwriting is a BtoB insurtech startup structured as an underwriting agent that offers parametric insurance and...
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 financial services » = 68
| Date | Acquirer | Target | Country | Multiples | See details |
| 11/11/2019 | Series A funding round led by Accel Partners | Luko | Ile-De-France | * | 105113 |
| 24/03/2020 | Series B financing round led by Idinvest Partners | +Simple (Plus Simple) | Bouches-Du-Rhône | ** | 105087 |
Source: Epsilon Research / EMAT
