Epsilon M&A Deal Report - Covergence
Transaction Multiples for the Valuation of Private Companies
Acme Packet / Covergence
No EMAT :
20214
Announced Date :
30/04/2009
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
Acme Packet
Target :
Covergence
Country :
United States
Sector of activity :
- Software > Telecom software
- IT Service Provider & VoIP > Telecommunication Services > VoIP Telephony Services
Business Description :
Founded in 2003, Covergence provides software-based session border controllers (SBCs). > Applications include VoIP/IP telephony, Unified Communications and Service-Oriented Architecture (SOA)...
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
|
|---|---|---|---|---|---|---|---|---|
| Historic | 
|
|
ns |
|
||||
| Current |
|
Rating :
**
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Telecom software » = 163
- Number of EMAT Reports / sub-sector « VoIP Telephony Services » = 35
| Date | Acquirer | Target | Country | Multiples | See details |
| 06/05/2009 | Private Group Led by Mid Europa Partners | UPC Telemach doo | Slovenia | ** | 20087 |
| 13/01/2009 | TLC Servizi | M-Link | Luxembourg | * | 20061 |
Source: Epsilon Research / EMAT
