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Deal Detail

Harris Teeter Supermarkets, Inc. to The Kroger Co.

EV / LTM EBITDA
7.4x
EV / LTM Sales
-
Enterprise Value
$2.5B
Primary Source
Morgan Stanley

Comparable Transactions

Grocery Retail transactions announced in the five years to July 2013. 5 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jun 2013Canada Safeway LimitedSobeys Inc.--10.7xStrategic
Jan 2013Supervalu (five retail grocery banners)Cerberus Capital Management L.P.--4.0xFinancial
Oct 2012Smart & Final Holdings Corp.Ares Management, Ares Management LLC$975M-7.5xFinancial
Dec 2011Winn-Dixie Stores, Inc.Lone Star Funds--5.4xFinancial
Jun 2011BJ's Wholesale Club, Inc.CVC Capital Partners, Leonard Green & Partners LP, Leonard Green & Partners, L.P. and CVC Capital Partners, Leonard Green, CVC--6.8xFinancial
Mean-6.9x
Median-6.8x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionWBA FOMorgan Stanley2025$2.5B-7.4x--Open
-fairness opinionSPTN FOBofA2025$2.5B-7.4x--Open
-fairness opinionWFM FOEvercore2017--7.3x--Open
-fairness opinionTFM FOJPMorgan2016--7.9x--Open
-fairness opinionFDO FOMorgan Stanley2014--7.3x--Open