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Deal Detail

99 Cents Only Stores to Ares Management, Ares Management LLC and the Canada Pension Plan Investment Board

EV / LTM EBITDA
9.0x
EV / LTM Sales
-
Enterprise Value
-
Primary Source
Barclays

Comparable Transactions

General Retail transactions announced in the five years to October 2011. 8 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Dec 2010Jo-Ann Stores, Inc.Leonard Green, Leonard Green & Partners, L.P.$1.5B-7.3xFinancial
Nov 2010J.Crew Group, Inc.Leonard Green, TPG$2.7B-8.6xFinancial
Feb 2010Duane Reade, Inc.Walgreen Company$1.1B-11.4xStrategic
Aug 2009Barnes & Noble College BooksellersBarnes & Noble, Inc.--5.2xStrategic
Apr 2008CSK AutoO'Reilly Automotive$1.0B-8.8xStrategic
Mar 2007Claire's Stores, Inc.Apollo Management, L.P.--8.9xFinancial
Mar 2007Dollar General CorporationKKR & Co. L.P.--11.1xFinancial
Feb 2007General Nutrition Centers, Inc.Ares Management LLC & Ontario Teachers' Private Capital--10.1xFinancial
Mean-8.9x
Median-8.9x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionSPLS FOBarclays2017--9.0x--Open
-fairness opinionFDO FOMorgan Stanley2014--10.6x--Open