Deal Detail

Aero Products International, Inc. to Investcorp Bank B.S.C.

EV / LTM EBITDA

7.5x

EV / LTM Sales

Enterprise Value

$232M

Primary Source

Perella Weinberg

Comparable Transactions

Home & Office Furnishings transactions announced in the five years to November 2002. 4 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Oct 2002	Tempur-Pedic International Inc.	TA Associates Inc.	$390M	-	6.8x	Financial
Jun 2000	Crescent Sleep Products Company	Sleepmaster L.L.C.	$127M	-	13.6x	Financial
Jul 1998	Simmons Company	Fenway Partners, Inc.	$496M	-	8.2x	Financial
Dec 1997	Sealy	Bain Capital, LLC	$805M	-	7.8x	Financial
	Mean			-	9.1x
	Median			-	8.0x

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	fairness opinion	ZZ FO	Perella Weinberg	2013	$232M	-	7.5x	-	Resolved deal. Cited in the Sealy/Tempur-Pedic fairness opinion, Perella Weinberg table. Citigroup independently agrees exactly on the multiple (7.5x) in the same filing.	Open
	-	fairness opinion	ZZ FO	Citi	2013	-	-	7.5x	-	Resolved deal. Cited in the Sealy/Tempur-Pedic fairness opinion, Citigroup table — agrees exactly with Perella Weinberg's multiple.	Open