Deal Detail

Buffets Holdings, Inc. to Caxton-Iseman Capital, Inc.

EV / LTM EBITDA

5.0x

EV / LTM Sales

Enterprise Value

$575M

Primary Source

Fairness Opinion

Comparable Transactions

Restaurants transactions announced in the five years to June 2000. 2 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Jan 1999	Sbarro, Inc.	Sbarro Family	$585M	-	7.4x	Financial
Sep 1998	Domino’s Pizza, Inc.	Bain Capital, Inc.	$1.1B	-	8.2x	Financial

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	BKC FO	Goldman Sachs	2010	$575M	-	5.0x	-	-	Open