Epsilon M&A Deal Report - DER Business Travel
Transaction Multiples for the Valuation of Private Companies
American Express Global Business Travel / DER Business Travel
No EMAT :
103602
Announced Date :
19/06/2019
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
American Express Global Business Travel
Target :
DER Business Travel
Country :
Germany
Sector of activity :
- Consumer Services > Travel & Tourism
- Transports > Travel & Tourism
Business Description :
DER Business Travel is a travel management company that serves small and midsize enterprises in Germany . > Operates in 42 locations across Germany. > Employs approximately 600.
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 « Travel & Tourism » = 80
- Number of EMAT Reports / sub-sector « Travel & Tourism » = 59
| Date | Acquirer | Target | Country | Multiples | See details |
| 27/06/2019 | Rotala | Bolton bus depot and operations of First Manchester | England | *** | 103580 |
| 23/09/2019 | Stagecoach Group | South Gloucestershire Bus & Coach Co | England | *** | 103554 |
Source: Epsilon Research / EMAT
