Deal Detail

Chef Middle East to Chef's Warehouse

EV / LTM EBITDA

9.6x

EV / LTM Sales

Enterprise Value

$119M

Primary Source

Company Release

Comparable Transactions

Food Distribution transactions announced in the five years to November 2022. 5 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Apr 2022	Riverview Acquisition Corp.	Westrock Coffee Company	-	-	14.5x	Financial
May 2021	Core-Mark Holding Company, Inc.	Performance Food Group	$2.4B	-	11.3x	Strategic
Mar 2020	Smart Foodservice Warehouse Stores	US Foods	$970M	-	11.4x	Strategic
Jul 2019	Reinhart FoodService, L.L.C.	Performance Food Group	$2.0B	-	12.1x	Strategic
Jul 2018	Services Group of America	US Foods	$1.8B	-	14.6x	Strategic
	Mean			-	12.8x
	Median			-	12.1x

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	press release	Press Release	-	2022	$119M	-	9.6x	-	$11-14m EBITDA	Open