Deal Detail

Ergotron, Inc. to The Sterling Group, L.P.

EV / LTM EBITDA

8.4x

EV / LTM Sales

Enterprise Value

$700M

Primary Source

JPMorgan

Comparable Transactions

Home & Office Furnishings transactions announced in the five years to June 2022. 5 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Apr 2021	Knoll, Inc.	Herman Miller, Inc.	$1.8B	-	14.2x	Strategic
Oct 2019	HAY A/S	Herman Miller, Inc.	$232M	-	13.8x	Strategic
Oct 2018	iGuzzini Illuminazione S.p.A	AB Fagerhult	$429M	-	10.8x	Strategic
May 2018	Ekornes	QuMei Home Furnishings	$695M	-	11.6x	Strategic
Dec 2017	Muuto	Knoll, Inc.	$304M	-	14.5x	Strategic
	Mean			-	13.0x
	Median			-	13.8x

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	LEG FO	JPMorgan	2026	$700M	-	8.4x	-	-	Open