Request for Question Clarification by
sublime1-ga
on
27 Sep 2003 22:34 PDT
mohankancharla...
"TripleTree is a leading investment banking firm dedicated
to meeting the needs of IT services, software and healthcare
companies. Specializing in mergers and acquisitions, we focus
on representing growth-oriented companies with revenues
generally under $100 million."
http://www.triple-tree.com/about.htm
They have a newsletter called Value Tracker, which is
available in pdf format:
"The ValueTracker is a monthly online resource designed
exclusively for business owners and executives of software
and IT services firms. The ValueTracker provides the most
up-to-date information on marketplace valuations as well
as insight into the rapidly consolidating merger and
acquisition arena comprised of leading public and private
players. The Value Tracker tracks the price to earnings
and price to revenue of public IT firms and reports the
sales price of mergers and acquisitions occurring in the
software and IT services industry."
http://www.triple-tree.com/value_tracker.htm
The current listing, available at the following link,
notes that for Enterprise Resource Planning, under
Software and Enabling Technologies, the August '03
Price/Revenue Multiple is 2.5x, up from 2.3x in July '03,
and up from 1.4x in August '02. They also provide the
current Enterprise Value/Revenue multiple, at 1.7x, and
the Price/Earnings multiple at 30.3x (see page 1).
http://www.triple-tree.com/valuetracker/VT.pdf
I found this site as a result of a Google search for
mergers +"IT" "times trailing revenues"
://www.google.com/search?q=mergers+%2B%22IT%22+%22times+trailing+revenues%22
Note that, when I added the term 'India' or 'Indian' to
the search, it returned 0 results, which makes me think
it unlikely that you will find a report specific to an
Indian company:
india mergers +"IT" "times trailing revenues"
://www.google.com/search?q=india+mergers+%2B%22IT%22+%22times+trailing+revenues%22
The ValueTracker did note this, in regard to India:
"Valuation multiples in the application outsourcing
sector increased slightly to 1.7x last month. Corio
posted a 55% gain following an announcement that it
is expanding its Indian operations."
- from page 3 of the pdf file
Perhaps you might make use of Triple Tree's services
in deciding about your acquisition:
"TripleTree's robust foundation and experience in IT and
healthcare ignite our clients' ability to make effective
strategic and financial decisions. With over 60 years of
experience in investing as principals and developing IT
services, software and healthcare businesses, TripleTree
has the essential resources and networks to execute timely
and successful transactions. Our continuous efforts to
exceed client expectations and provide the highest level
of personal service has paid off with tremendous bottom-line
results for our clients." A testimonial from EXOCOM follows:
http://www.triple-tree.com/services.htm
Their contact page, including email addresses, is here:
http://www.triple-tree.com/contact.htm
Might this satisfy your needs?