Deal closed Sep 2000 Verified
Hansen acquired for ~$35M, six times first-year EBITDA
Hansen, with ~$29M trailing 12-month revenues, was acquired for ~$35 million in net cash, six times expected first-year EBITDA.
“With approximately $29 million in trailing 12-month revenues, Hansen was acquired for approximately $35 million in net cash, six times its expected first-year EBITDA (earnings before interest, taxes, depreciation, and amortization).”
Entities
Hansen Technologies Corp. · Target Roper Industries, Inc. · Acquirer
Refrigeration
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