Deal Detail

Midas to TBC Corporation

EV / LTM EBITDA

9.7x

EV / LTM Sales

Enterprise Value

$21M

Primary Source

Centerview

Comparable Transactions

Consumer Services transactions announced in the five years to May 2012. 2 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Apr 2008	SpeeDee	Midas	$310M	-	10.4x	Strategic
Apr 2008	Assets of G.C. & K.B. Investments, Inc. and its affiliates that franchise and sub-franchise SpeeDee stores.	Midas, Inc.	$21M	-	10.4x	Strategic

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	$21M	-	9.7x	-	-	Open
	-	fairness opinion	MCW FO	BofA	2026	$310M	-	9.7x	-	-	Open