Deal Detail

ZAGG Inc to Evercel, Inc.

EV / LTM EBITDA

5.4x

EV / LTM Sales

Enterprise Value

$207M

Primary Source

Merger Proxy

Comparable Transactions

Consumer Electronics transactions announced in the five years to December 2020. 4 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Jul 2019	Pro Audio GmbH	Focusrite plc	-	-	10.4x	Strategic
Jul 2017	Corsair Gaming, Inc.	EagleTree Capital	-	-	12.1x	Financial
Nov 2016	Harman International Industries, Inc.	Samsung Electronics Co., Ltd.	-	-	10.0x	Strategic
Aug 2016	Skullcandy, Inc.	Mill Road Capital	-	-	11.8x	Financial
	Mean			-	11.1x
	Median			-	11.1x

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	Registration Filing	Merger Proxy	-	2021	$207M	-	5.4x	4.4x	assumes $0.25/share debt forgiveness contingency	Open