At what enterprise value was QPS EVALUATION SERVICES acquired in 2020?

During the acquisition of QPS EVALUATION SERVICES by APPLUS+ GROUP in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 20M - 50M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of QPS EVALUATION SERVICES when it was acquired by APPLUS+ GROUP?

The estimated EV/EBITDA multiple for QPS EVALUATION SERVICES is in the range of 5x - 12x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was QPS EVALUATION SERVICES acquired by APPLUS+ GROUP?

QPS EVALUATION SERVICES was acquired by APPLUS+ GROUP in 2020.

What was the revenue of QPS EVALUATION SERVICES at the time of the deal?

The revenue of QPS EVALUATION SERVICES at the time of the deal is estimated to be in the range of 5M - 25M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of QPS EVALUATION SERVICES during the acquisition?

QPS EVALUATION SERVICES's EBITDA is estimated to be in the range of 0M - 5M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the QPS EVALUATION SERVICES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the QPS EVALUATION SERVICES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.appluslaboratories.com/global/en/news/applus+-acquires-qps

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Home Database Business ServicesQPS EVALUATION SERVICES

12/2020

QPS EVALUATION SERVICES acquired by APPLUS+ GROUP

CANADA Industrial Services / TIC (Testing, Inspection, Certification) EV 20M - 50M EUR

Context

Applus+ has acquired 100% of the share capital of QPS Evaluation Services Inc. from its founding partners. The three senior managers of QPS, including the President, have committed to remaining with the business for several years to ensure a smooth integration. The strategic rationale for the acquisition is to significantly increase the global reach of the Applus+ Laboratories division, particularly in the North American and E&E certification markets. By combining QPS’s recognized certification marks with Applus+'s existing electromagnetic compatibility and wireless communication testing capabilities, the group aims to create a comprehensive global solution for manufacturers. The deal allows Applus+ to capitalize on the rapid growth in E&E product regulations and provides QPS with the scale needed for global expansion. This acquisition follows a three-year partnership between the two companies and aligns with Applus+'s strategy of targeting high-margin, technically specialized assets within the TIC sector.

By taking control of Qps Evaluation Services, Applus+ Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Besikta Bilprovning in 2020.

QPS EVALUATION SERVICES, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

QPS Evaluation Services Inc. (QPS) is a specialized product certification and testing company serving the industrial, medical, and electrical and electronic (E&E) sectors. Founded in 1994 and headquartered in Toronto, the organization provides technical expertise and accredited resources to enable manufacturers to sell products in over 50 countries. The entity is particularly recognized for its competence in testing equipment used in hazardous locations and explosive atmospheres. With 133 employees and an extensive presence across Canada, the USA, and Europe, as well as an Asian base in South Korea, the group operates an advanced testing laboratory and a recognized certification mark. Its business model is characterized by high barriers to entry and a strong value proposition, focusing on compliance with increasingly complex global regulations for E&E components.

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REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of QPS EVALUATION SERVICES by APPLUS+ GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: qps evaluation services

Acquirer: applus+ group