Deal Detail

Breeze to Valvoline

EV / LTM EBITDA

10.7x

EV / LTM Sales

Enterprise Value

$625M

Primary Source

Centerview

Comparable Transactions

Consumer Services transactions announced in the five years to February 2025. 6 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Feb 2025	Driven Brands Car Wash Business	Whistle Express	$385M	-	5.0x	Strategic
Jun 2023	SEV Laser	LLCP	$260M	-	20.0x	Financial
Jun 2022	Goddard Systems, Inc.	Sycamore Partners	-	-	22.0x	Financial
Feb 2022	Houghton Mifflin Harcourt Company	Veritas Capital	-	-	9.9x	Financial
Dec 2021	American First Finance	FirstCash Holdings	-	-	12.1x	Strategic
Dec 2020	Acima Holdings	Rent-a-Center	-	-	7.3x	Strategic
	Mean			-	12.7x
	Median			-	11.0x

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	MCW FO	Centerview	2026	$625M	-	10.7x	-	-	Open