Our Partner in France, Epsilon Research has issued its Q1 2018 Argos Mid Market Index. The Index measures the level of private mid-market company valuations in the euro zone. Multiples hit historically high levels this quarter at 9.5x EBITDA. Complete study : Argos-Index-2018-Q1
Category: Mergers & Adquisitions
GDPR law will be a double whammy to M&A practitioners
Unless you do not use emails, you should by now have been spammed by a large number of messages asking you to “opt-in” to keep on receiving marketing material from the issuer. This jocose incongruity highlights only one of the many loopholes of the GDPR law, whose original intention was to reduce the number of...
Mid-Market companies in the Euro zone are valued at 9.5X EBITDA on average
Our partnering company in France, Epsilon Research has issued its Q3 2017 Argos Mid Market Index. The Index measures the level of private mid-market company valuations in the euro zone. The Index has increased to 9.5x EBITDA to reach another record level. Complete study : Argos-Index-2017-Q3
PMI Strategy: Preservation, Symbiosis, Holding, Absorption
PMI Strategy, the acronym for Post Merger Integration Strategy, is one of the most difficult conundrum for buyers of companies. Indeed, there is enough evidence in the literature showing that acquiring companies actually destroys value. Then, why not challenge buyers on their real reasons for engaging in an acquisition process? Note that I am not...
Private Equity in a Changing World – key takeaways from XVIII ASCRI congress 2017
Private Equity in a changing world For those who did not have a chance to attend the XVIII ASCRI Congress about Private Equity in a changing world, I have summarised in this post my personal intakes. Risk Capital is rebranded Growth Capital The Association rebranded itself “Asociación Española de Capital Crecimiento e Inversiones” to avoid...