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Deal Detail

Whole Foods Market, Inc. to Amazon.com, Inc.

EV / LTM EBITDA
10.6x
EV / LTM Sales
-
Enterprise Value
$13.7B
Primary Source
Centerview

Comparable Transactions

Grocery Retail transactions announced in the five years to June 2017. 10 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Oct 2016Save-A-LotOnex$1.4B-7.0xFinancial
Mar 2016The Fresh Market, Inc.Apollo Global Management, LLC$1.4B-7.1xFinancial
Nov 2015Roundy's, Inc.The Kroger Co., The Kroger Company$800M-6.9xStrategic
Jun 2015Delhaize GroupKoninklijke Ahold N.V--8.1xStrategic
Apr 2014Safeway Inc.Albertsons$9.0B-5.5xStrategic
Dec 2013Arden Group, Inc.TPG$394M-9.9xFinancial
Jul 2013Harris Teeter Supermarkets, Inc.The Kroger Co.$2.5B-7.4xStrategic
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
Mean-7.4x
Median-7.3x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionWBA FOCenterview2025$13.7B-10.6x--Open
-fairness opinionSPTN FOBofA2025$13.7B-10.2x--Open
-fairness opinionFRG FOJefferies2023--10.3x--Open