Multiples in Fleet Management and Telematics

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April 09, 2021

by a searcher from Columbia University - Columbia Business School in White Plains, NY, USA

Hi, does anyone have a suggested site or literature that pertains to multiples in the telematics or fleet management space?

I am speaking to a company in the space and want to get an idea of some comps.

Thanks!

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commentor profile
Reply by a professional
from The College of New Jersey in La Verne, CA 91750, USA
Hi Jackie, I've worked on valuations in this space in the past (i.e., 409a, purchase price allocations, etc.). Here are some comparable companies in the public space I have used in the past in this space:

CalAmp (CAMP) - they just sold LoJack to a private player in this industry
CDK Global (CDK)
Inseego (INSG)
ORBCOMM (ORBC)
KVH Industries (KVHI)
Iridium Communications (IRDM)


LTM revenue and EBITDA multiples were around 2.0x and 9.2x, respectively, for the last transaction I worked on, which was pre###-###-#### Hope this helps! Let me know if you would like to connect to discuss further. Thanks!

Koji
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Reply by a searcher
in New York, NY, USA
^redacted‌ my bill paying consulting gig is with a road safety non-profit we do a lot of work with in Fleets / Telematics happy to talk about industry or introduce you to someone at one of our member orgs if it will help
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