Home Index 3rd quarter 2021 CONTENT Archives The Argos Index® declined to 11.0x EBITDA The multiples paid by investment funds contracted A quarter of transactions were carried out at multiples >15x EBITDA, a stable proportion Listed companies were very active in the mid-market, buoyed by the rise in equity markets and the transformation of business models Mixed mid-market M&A activity: stable in volume but down in value The Argos Index® declined to 11.0x EBITDA Median EV/EBITDA multiple on a six-month rolling basis Source: Mid-market Argos Index® / Epsilon Research To subscribe to With You and receive the Argos Index ® : I subscribe All on the Argos Index ® See all interviews MANAGING PARTNER Louis Godron “The Argos Index® was born out of the desire to create a database for the unlisted market that would be both methodologically robust and rich in high-quality information. Robustness is the index’s salient characteristic.” MANAGING PARTNER Frank Hermann “When the CEO of a company wonders if now is the right time to sell, the Argos Index® supplies essential business cycle information and helps him or her make a decision. The Argos Index® derives its legitimacy from its longevity and independence.” FOUNDER, EPSILON RESEARCH Grégoire Buisson “If the Argos Index® is now a benchmark in Europe, it’s because we use information from our EMAT (Epsilon Multiple Analysis Tool) database that has been proven to be reliable. The index has always been based on this methodology. We work meticulously, transaction by transaction, examining documents, analyzing annual reports, reconstituting transactions and building hypotheses.” Quick access Methodology Contacts Argos.Wityu.fund Argos Index Argos Investors Newsletter subscription Privacy Policy Legal Notice Contact ©2021 Argos Wityu

1 team, 6 offices All Jobs Benelux OK Reset Roel van Ark Investment Manager / Benelux Frédéric de Frésart Chief Information Officer / Benelux Olivier de la Guéronnière Secretary General / Benelux Nathalie Hove Office Manager / Benelux Arne Louwagie Investment Manager / Benelux Nathalie Maissin Accountant / Benelux Maarten Meijssen Partner / Benelux Gilles Mougenot Managing Partner / Benelux Richard Reis Partner / Benelux Julie Wouters Analyst / Benelux Argos.Wityu.fund Argos Index Argos Investors Newsletter subscription Privacy Policy Legal Notice Contact ©2021 Argos Wityu By continuing to browse this site, you agree to the use of cookies that enables us to provide you with the best possible experience on our site. Privacy Policy NO OK