Mergers & TribulationsTransaction Database
ContactSubscribe
Back to database

Deal Detail

Office Max Inc. to Office Depot, Inc.

General RetailSpecialty/Feb 2013
EV / LTM EBITDA
12.2x
EV / LTM Sales
-
Enterprise Value
$1.8B
Primary Source
Goldman Sachs

Comparable Transactions

General Retail transactions announced in the five years to February 2013. 12 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Nov 2012The Brick Ltd.Leon's Furniture Limited$800M-7.1xStrategic
Nov 2012Oriental Trading Company, Inc.Berkshire Hathaway Inc.$500M-7.1xStrategic
Jun 2012Alliance Boots GmbHWalgreen Company$30.8B-12.1xStrategic
May 2012Cost Plus Inc.Bed Bath & Beyond Inc.$700M-12.7xStrategic
May 2012Charming Shoppes, Inc.Ascena Retail Group$800M-9.9xStrategic
Feb 2012Pep BoysThe Gores Group$1.0B-6.1xStrategic
Oct 201199 Cents Only StoresAres Management, Ares Management LLC and the Canada Pension Plan Investment Board--9.0xFinancial
Dec 2010Jo-Ann Stores, Inc.Leonard Green, Leonard Green & Partners, L.P.$1.5B-7.3xFinancial
Nov 2010J.Crew Group, Inc.Leonard Green, TPG$2.7B-8.6xFinancial
Feb 2010Duane Reade, Inc.Walgreen Company$1.1B-11.4xStrategic
Aug 2009Barnes & Noble College BooksellersBarnes & Noble, Inc.--5.2xStrategic
Apr 2008CSK AutoO'Reilly Automotive$1.0B-8.8xStrategic
Mean-8.8x
Median-8.7x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionHSN FOGoldman Sachs2017$1.8B-12.2x-https://www.sec.gov/Archives/edgar/data/1434729/000110465917063169/a17-17148_8ex99dc17.htm#Exhibitc17CONFIDENTIALBoardofDir_125353Open
-fairness opinionBKS FOEvercore2019--6.7x--Open
-fairness opinionSPLS FOBarclays2017--4.8x--Open
-fairness opinionFDO FOMorgan Stanley2014--10.9x--Open
-fairness opinionHSN FOCenterview---12.2x--Open