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Epsilon Research covers the M&A transactions for the "Software" industry [1566 EMAT Reports], which includes:


Our analysts publish transaction multiples reports for private company M&A deals (announced 2004 onwards).

Each report presents detailed information on the deal value, structure and rationale, the target's activity, history and financial information; it includes the calculation of the key historic and current multiples: enterprise value over sales (EV/S), EBITDA (EV/EBITDA), or EBIT (EV/EBIT), P/E and Price to Book. All information sources are systematically given and company financials are carefully verified and restated if needed.


The reports are a unique source of information to have a comparable metric for the valuation of a private company, establish the "market value" of an investment or private equity investment portfolios.


The deal reports are published in Epsilon's EMAT database.
For an example of EMAT report, please click on this link.
If you wish to buy an EMAT Report, and you are not a customer, please contact us.


Recent M&A Deal Reports Published on EMAT

Date Acquirer Target Country Industries Valuation multiples See details
30/08/2023 SailPoint Technologies Osirium Technologies United Kingdom Software as a Service (SAAS), Security Software ** 114662
18/07/2023 Digit'Ed 24 Ore Business School (Bs24) Italy e-services (B2C), Education / Learning software * 113512
04/07/2023 WAG Payment Solutions (Eurowag) JITpay Germany Banking software / payment system, Software as a Service (SAAS), Supply Chain Management (SCM), Transport Management System (TMS) ** 114042
03/07/2023 GPI Evolucare Technologies Somme Medical Software ** 114199
11/04/2023 Series B financing round Infogrid (Information Grid) United Kingdom Integrated software, Software as a Service (SAAS), Real Estate Software, Artificial Intelligence (AI) * 113345
14/03/2023 Growth Investment round led by Summit Partners Forseti (Doctrine) Paris Databases, Internet Professional Services (B2B), Artificial Intelligence (AI) ** 114398
27/02/2023 Planon control.IT Unternehmensberatung Germany Financial Markets software, Software as a Service (SAAS), Real Estate Software *** 113309
15/02/2023 Private Group backed by Parquest Xelya Hauts-De-Seine Specialized Software, Software as a Service (SAAS), Enterprise Resource Planning (ERP) ** 112649
30/01/2023 Private Group led by Naxicap Partners Digisap Solutions (Acces SAP Digital) France Specialized Software, Software as a Service (SAAS), Enterprise Resource Planning (ERP) *** 112595
18/01/2023 Infocert Ascertia United Kingdom Security Software *** 114656
10/01/2023 SeSa Amaeco Italy Integrated software, Specialized Software ** 114754
02/01/2023 Planon Ubigreen Hauts-De-Seine Integrated software, Software as a Service (SAAS), Real Estate Software * 113315
01/01/2023 DNV Proxima Solutions (DNV GPM Germany) Germany Integrated software, Specialized Software, Software as a Service (SAAS) ** 114776
23/11/2022 Private Group led by Eurazeo NeoXam Paris Financial Markets software * 110943
16/11/2022 Eagle Eye Solutions Group Untie Nots Paris Software as a Service (SAAS), Marketing Software *** 110920
31/10/2022 NextNav Nestwave Hauts-De-Seine Telecommunications equipment, Telecom infrastructure Softwares ** 111056
24/10/2022 WAG Payment Solutions (Eurowag) Grupa Inelo Poland Software as a Service (SAAS), Transport Management System (TMS) *** 114008
21/10/2022 Cy4gate Diateam Finistère Security Software * 110968
17/10/2022 Seed round led by Coatue, Lightspeed Venture Partners, and O’Shaughnessy Ventures Stability AI United Kingdom Internet Professional Services (B2B), Computer Graphics Software, Artificial Intelligence (AI) * 111320
09/10/2022 Private group led Corten Capital Ekco Cloud Holdings DAC Ireland Security Software ** 111048
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.

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► 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