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Epsilon Research covers the M&A transactions for the "Software" industry [1430 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
15/11/2021 STAR7 LocalEyes Ireland Enterprise Content Management (ECM) ** 107379
09/11/2021 Nitro Software Connective Belgium Software as a Service (SAAS), Security Software *** 107169
03/11/2021 Private Group led by Montagu Eudonet Hauts-De-Seine Customer Relationship Management (CRM) * 106667
20/10/2021 Marlowe Riskwize (EssentialSkillz) Ireland Internet Professional Services (B2B), Education / Learning software ** 107131
18/10/2021 Kargo Global Betapond (StitcherAds) Ireland e-Marketing, Marketing Software ** 107108
13/10/2021 Sdiptech Certus Technologies (Certus Automation) Netherlands Transport Management System (TMS) *** 107222
11/10/2021 Seco Garz & Fricke Germany Integrated software, Electronic Equipment (for corporates) *** 107217
10/08/2021 Extreme Networks Ipanema Technologies (Ipanematech) Hauts-De-Seine Telecom infrastructure Softwares ** 106318
05/08/2021 Focus Home Interactive DotEmu Paris Videogames ** 105983
23/07/2021 Private Group led by 21 Invest France Woonoz (Projet Voltaire) Rhône Education / Learning software, Artificial Intelligence (AI) * 106037
15/07/2021 Enea Adaptive Mobile Security Ireland Security Software ** 106304
21/06/2021 Private Group led by August Equity LLP Integrity Communications (Integrity360) Ireland Security Software * 106286
01/06/2021 Take-Two Interactive Software (T2) Nordeus Ireland Videogames ** 105446
27/04/2021 Lime Technologies Userlike UG Germany Software as a Service (SAAS), Customer Relationship Management (CRM) *** 104829
23/03/2021 Private Group led by GTAK Capital Intelinova Software (Trainingym) Spain Specialized Software, Software as a Service (SAAS) * 104847
10/02/2021 Tenable Alsid Paris Software as a Service (SAAS), Security Software * 104760
09/02/2021 Private Group led by TA Associates DL Software Paris Specialized Software, Software as a Service (SAAS), Enterprise Resource Planning (ERP) * 104755
05/02/2021 Private Group led by IK Investment Partners Skill & You Hauts-De-Seine e-services (B2C), Education / Learning software ** 104646
03/02/2021 Embracer Group Easybrain Cyprus Videogames *** 105435
15/01/2021 Private Group led by Hellman & Friedman TeamSystem Group Italy Enterprise Resource Planning (ERP) ** 104923
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