The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various TMT companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 18.0%.
o EBITDA multiples (FY n+1) have decreased in average by 16.8%.
o EBIT multiples (FY n+1) have decreased in average by 15.5%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 17.7%.
o EBITDA multiples (FY n+1) have decreased in average by 15.5%.
o EBIT multiples (FY n+1) have decreased in average by 6.8%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 29.8%.
o EBITDA multiples (FY n+1) have decreased in average by 25.0%.
o EBIT multiples (FY n+1) have decreased in average by 22.6%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 28.8%.
o EBITDA multiples (FY n+1) have decreased in average by 23.6%.
o EBIT multiples (FY n+1) have decreased in average by 17.8%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 14.3%.
o EBITDA multiples (FY n+1) have decreased in average by 22.2%.
o EBIT multiples (FY n+1) have decreased in average by 5.8%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 11.2%.
o EBITDA multiples (FY n+1) have increased in average by 7.3%.
o EBIT multiples (FY n+1) have increased in average by 16.0%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 16.9%.
o EBITDA multiples (FY n+1) have increased in average by 24.3%.
o EBIT multiples (FY n+1) have increased in average by 19.6%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European TMT company, the trend is as follow:
a) Number of deals between 2008 and 2009: -34.0%.
b) Number of deals between 2007 and 2008: -10.6%.
c) Number of deals between 2006 and 2007: +14.6%.
d) Number of deals between 2005 and 2006: -5.2%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various automotive companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 22.5%.
o EBITDA multiples (FY n+1) have decreased in average by 19.4%.
o EBIT multiples (FY n+1) have decreased in average by 12.7%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 12.2%.
o EBITDA multiples (FY n+1) have increased in average by 35.1%.
o EBIT multiples (FY n+1) have increased in average by 27.8%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 41.9%.
o EBITDA multiples (FY n+1) have decreased in average by 13.7%.
o EBIT multiples (FY n+1) have decreased in average by 18.5%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 40.1%.
o EBITDA multiples (FY n+1) have decreased in average by 14.4%.
o EBIT multiples (FY n+1) have decreased in average by 15.6%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 0.5%.
o EBITDA multiples (FY n+1) have increased in average by 32.4%.
o EBIT multiples (FY n+1) have increased in average by 9.3%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 54.2%.
o EBITDA multiples (FY n+1) have increased in average by 80.7%.
o EBIT multiples (FY n+1) have increased in average by 108.7%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 59.0%.
o EBITDA multiples (FY n+1) have increased in average by 70.1%.
o EBIT multiples (FY n+1) have increased in average by 87.0%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European Automotive company, the trend is as follow:
a) Number of deals between 2008 and 2009: -28.2%.
b) Number of deals between 2007 and 2008: +1.3%.
c) Number of deals between 2006 and 2007: +15.5%.
d) Number of deals between 2005 and 2006: -4.6%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various industrial companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 20.9%.
o EBITDA multiples (FY n+1) have decreased in average by 23.1%.
o EBIT multiples (FY n+1) have decreased in average by 21.1%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have increased in average by 3.5%.
o EBITDA multiples (FY n+1) have increased in average by 6.2%.
o EBIT multiples (FY n+1) have increased in average by 24.7%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 20.4%.
o EBITDA multiples (FY n+1) have decreased in average by 27.1%.
o EBIT multiples (FY n+1) have decreased in average by 20.2%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 17.8%.
o EBITDA multiples (FY n+1) have decreased in average by 9.6%.
o EBIT multiples (FY n+1) have increased in average by 7.5%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have increased in average by 14.9%.
o EBITDA multiples (FY n+1) have increased in average by 7.7%.
o EBIT multiples (FY n+1) have increased in average by 28.2%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 34.2%.
o EBITDA multiples (FY n+1) have increased in average by 45.9%.
o EBIT multiples (FY n+1) have increased in average by 71.6%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 44.6%.
o EBITDA multiples (FY n+1) have increased in average by 54.9%.
o EBIT multiples (FY n+1) have increased in average by 62.3%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European industrial company, the trend is as follow:
a) Number of deals between 2008 and 2009: -47.9%.
b) Number of deals between 2007 and 2008: -4.4%.
c) Number of deals between 2006 and 2007: +16.6%.
d) Number of deals between 2005 and 2006: +4.6%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various aerospace companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 28.7%.
o EBITDA multiples (FY n+1) have decreased in average by 18.2%.
o EBIT multiples (FY n+1) have decreased in average by 8.0%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have increased in average by 19.2%.
o EBITDA multiples (FY n+1) have decreased in average by 15.1%.
o EBIT multiples (FY n+1) have decreased in average by 24.9%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have increased in average by 10.4%.
o EBITDA multiples (FY n+1) have decreased in average by 12.1%.
o EBIT multiples (FY n+1) have decreased in average by 18.2%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 5.1%.
o EBITDA multiples (FY n+1) have decreased in average by 22.3%.
o EBIT multiples (FY n+1) have decreased in average by 24.9%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have increased in average by 27.0%.
o EBITDA multiples (FY n+1) have decreased in average by 12.0%.
o EBIT multiples (FY n+1) have decreased in average by 20.7%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 38.0%.
o EBITDA multiples (FY n+1) have decreased in average by 5.3%.
o EBIT multiples (FY n+1) have decreased in average by 25.5%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 7.2%.
o EBITDA multiples (FY n+1) have decreased in average by 2.9%.
o EBIT multiples (FY n+1) have decreased in average by 21.6%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European Aerospace company, the trend is as follow:
a) Number of deals between 2008 and 2009: -32.2%.
b) Number of deals between 2007 and 2008: +3.5%.
c) Number of deals between 2006 and 2007: -10.9%.
d) Number of deals between 2005 and 2006: +36.2%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various healthcare companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 7.9%.
o EBITDA multiples (FY n+1) have decreased in average by 11.4%.
o EBIT multiples (FY n+1) have decreased in average by 11.5%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 19.3%.
o EBITDA multiples (FY n+1) have decreased in average by 13.7%.
o EBIT multiples (FY n+1) have decreased in average by 5.7%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 26.4%.
o EBITDA multiples (FY n+1) have decreased in average by 13.5%.
o EBIT multiples (FY n+1) have decreased in average by 8.2%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 20.2%.
o EBITDA multiples (FY n+1) have decreased in average by 27.2%.
o EBIT multiples (FY n+1) have decreased in average by 22.6%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 16.5%.
o EBITDA multiples (FY n+1) have decreased in average by 13.5%.
o EBIT multiples (FY n+1) have decreased in average by 6.2%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have decreased in average by 5.8%.
o EBITDA multiples (FY n+1) have increased in average by 2.0%.
o EBIT multiples (FY n+1) have increased in average by 7.5%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 8.2%.
o EBITDA multiples (FY n+1) have increased in average by 7.4%.
o EBIT multiples (FY n+1) have increased in average by 17.2%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European Healthcare company, the trend is as follow:
a) Number of deals between 2008 and 2009: -15.9%.
b) Number of deals between 2007 and 2008: -9.7%.
c) Number of deals between 2006 and 2007: +16.5%.
d) Number of deals between 2005 and 2006: +12.0%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various leisure companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 39.4%.
o EBITDA multiples (FY n+1) have decreased in average by 34.7%.
o EBIT multiples (FY n+1) have decreased in average by 31.6%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have increased in average by 23.1%.
o EBITDA multiples (FY n+1) have increased in average by 21.1%.
o EBIT multiples (FY n+1) have increased in average by 19.5%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 24.4%.
o EBITDA multiples (FY n+1) have decreased in average by 33.3%.
o EBIT multiples (FY n+1) have decreased in average by 31.9%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 15.1%.
o EBITDA multiples (FY n+1) have decreased in average by 25.2%.
o EBIT multiples (FY n+1) have decreased in average by 20.5%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have increased in average by 53.6%.
o EBITDA multiples (FY n+1) have increased in average by 51.5%.
o EBIT multiples (FY n+1) have increased in average by 43.4%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 99.5%.
o EBITDA multiples (FY n+1) have increased in average by 123.7%.
o EBIT multiples (FY n+1) have increased in average by 100.7%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 59.0%.
o EBITDA multiples (FY n+1) have increased in average by 72.7%.
o EBIT multiples (FY n+1) have increased in average by 68.4%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European leisure company, the trend is as follow:
a) Number of deals between 2008 and 2009: -24.2%.
b) Number of deals between 2007 and 2008: -31.3%.
c) Number of deals between 2006 and 2007: +5.2%.
d) Number of deals between 2005 and 2006: +3.4%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various services companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 16.6%.
o EBITDA multiples (FY n+1) have decreased in average by 2.7%.
o EBIT multiples (FY n+1) have decreased in average by 5.7%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 18.6%.
o EBITDA multiples (FY n+1) have decreased in average by 16.3%.
o EBIT multiples (FY n+1) have decreased in average by 14.8%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 36.1%.
o EBITDA multiples (FY n+1) have decreased in average by 18.0%.
o EBIT multiples (FY n+1) have decreased in average by 7.9%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 34.5%.
o EBITDA multiples (FY n+1) have decreased in average by 26.5%.
o EBIT multiples (FY n+1) have decreased in average by 11.2%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 12.3%.
o EBITDA multiples (FY n+1) have decreased in average by 14.6%.
o EBIT multiples (FY n+1) have increased in average by 2.0%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 15.3%.
o EBITDA multiples (FY n+1) have increased in average by 6.5%.
o EBIT multiples (FY n+1) have increased in average by 27.5%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 37.6%.
o EBITDA multiples (FY n+1) have increased in average by 8.2%.
o EBIT multiples (FY n+1) have increased in average by 12.6%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European services company, the trend is as follow:
a) Number of deals between 2008 and 2009: -43.2%.
b) Number of deals between 2007 and 2008: -6.4%.
c) Number of deals between 2006 and 2007: +22.9%.
d) Number of deals between 2005 and 2006: +12.3%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various utilities companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 22.2%.
o EBITDA multiples (FY n+1) have decreased in average by 11.0%.
o EBIT multiples (FY n+1) have decreased in average by 13.1%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 21.3%.
o EBITDA multiples (FY n+1) have decreased in average by 19.9%.
o EBIT multiples (FY n+1) have decreased in average by 5.8%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 35.3%.
o EBITDA multiples (FY n+1) have decreased in average by 30.1%.
o EBIT multiples (FY n+1) have decreased in average by 22.6%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 30.6%.
o EBITDA multiples (FY n+1) have decreased in average by 24.1%.
o EBIT multiples (FY n+1) have decreased in average by 15.9%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 11.3%.
o EBITDA multiples (FY n+1) have decreased in average by 16.7%.
o EBIT multiples (FY n+1) have decreased in average by 2.2%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have decreased in average by 3.6%.
o EBITDA multiples (FY n+1) have decreased in average by 2.6%.
o EBIT multiples (FY n+1) have increased in average by 12.9%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 7.5%.
o EBITDA multiples (FY n+1) have increased in average by 7.6%.
o EBIT multiples (FY n+1) have increased in average by 20.4%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European Utilities company, the trend is as follow:
a) Number of deals between 2008 and 2009: -16.6%.
b) Number of deals between 2007 and 2008: +10.8%.
c) Number of deals between 2006 and 2007: +25.1%.
d) Number of deals between 2005 and 2006: -9.5%.

The current financial crisis has started in the middle of 2007, and has had some interesting impacts on valuation metrics and trends.
Looking at the various retail companies listed in Europe on the main stock exchanges, the valuation metrics within this sector have changed significantly; however 2009 has adjusted the previous exces:

a) Looking at the overall sector between 2007 and 2008:
o Sales multiples (FY n+1) have decreased in average by 28.5%.
o EBITDA multiples (FY n+1) have decreased in average by 21.3%.
o EBIT multiples (FY n+1) have decreased in average by 11.8%.

b) Looking at the overall sector between 2008 and 2009:
o Sales multiples (FY n+1) have decreased in average by 18.1%.
o EBITDA multiples (FY n+1) have increased in average by 10.0%.
o EBIT multiples (FY n+1) have increased in average by 14.5%.


c) Looking specifically at the trends between February 08 and Feb. 09:
o Sales multiples (FY n+1) have decreased in average by 35.3%.
o EBITDA multiples (FY n+1) have decreased in average by 23.0%.
o EBIT multiples (FY n+1) have decreased in average by 2.9%.

d) Looking specifically at the trends between March 08 and March 09:
o Sales multiples (FY n+1) have decreased in average by 31.5%.
o EBITDA multiples (FY n+1) have decreased in average by 13.0%.
o EBIT multiples (FY n+1) have increased in average by 2.3%.

e) Looking specifically at the trends between June 08 and June 09:
o Sales multiples (FY n+1) have decreased in average by 11.2%.
o EBITDA multiples (FY n+1) have increased in average by 20.3%.
o EBIT multiples (FY n+1) have increased in average by 32.5%.

f) Looking specifically at the trends between September 08 and September 09:
o Sales multiples (FY n+1) have increased in average by 8.1%.
o EBITDA multiples (FY n+1) have increased in average by 44.9%.
o EBIT multiples (FY n+1) have increased in average by 29.5%.

g) Looking specifically at the trends between December 08 and December 09:
o Sales multiples (FY n+1) have increased in average by 20.1%.
o EBITDA multiples (FY n+1) have increased in average by 47.7%.
o EBIT multiples (FY n+1) have increased in average by 16.4%.


For more updates, please contact directly Weissknight.


Looking at the number of main corporate finance transactions involving a European retail company, the trend is as follow:
a) Number of deals between 2008 and 2009: -30.5%.
b) Number of deals between 2007 and 2008: -11.3%.
c) Number of deals between 2006 and 2007: +22.1%.
d) Number of deals between 2005 and 2006: -11.7%.

Weissknight is a leading pure advisory boutique, based in London, with exceptional relationship and execution capabilities.

Regarding international reach, we have significant international experience. We have worked specifically in Europe for venture & private equity funds, consortiums of investors and entrepreneurs. Usually, our clients were looking for raising capital, for realising a LBO, for doing cross border M&A transactions, public takeovers (both hostile or friendly)…

Our international partners are focused on the needs of entrepreneurs, buyers and sellers of businesses around the world. Its members have been closing cross-border deals for the middle market since 1956. Currently, our team has more than 200 professionals through 60 offices in Europe, North America and Asia.

This is important because "your greatest Enterprise Value" may be calculated by a counterparty on the other side of the world.

Founded in 1954, the Association for Corporate Growth, Inc. is the global community for professionals involved in corporate growth, corporate development, and mergers and acquisitions.
Today ACG stands at more than 12,000 members from corporations, private equity, finance, lawyers, and investment bankers representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 54 chapters in North America, Europe and Asia.
These leaders recognize the multiple benefits of networking within an influential community of executives growing public and private companies worldwide.



As a UK member, Weissknight Corporate Finance can reach practically all of the decision makers from most of the worldwide listed companies, large Private-Equity funds, VCs, Mezzanine and Hedge funds, as well as the traditional banks.
This is important for our day-to-day work, as well as for our clients, as the best counterparty in a corporate finance transaction may be located on the other side of the world.

In this section, you will understand better the specificities of Weissknight Corporate Finance:

1. Who we are
2. What we do
3. Why us ?
4. Key people / International network
5. Track-record
6. Referrals