Another M&A data point in the digital marketing space as Endurance International announces it is acquiring Constant Contact for $1.1bn (23% premium). The acquisition multiple is 12x Dec 2015 EBITDA, with Constant Contact 2015 forecast revenue growth of 12% and forecast adjusted EBITDA margin of 20%. Dotdigital currently trades on 14x EV/EBITDA to June 2016 falling to 9.6x to June 2017, with forecast revenue growth of 30% (and track record of delivering this) and adjusted EBITDA margin of 27% eve ....
03 Nov 2015
Endurance acquires Constant Contact for $1.1bn
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Endurance acquires Constant Contact for $1.1bn
dotDigital Group plc (DOTD:LON) | 85.6 0.7 0.9% | Mkt Cap: 262.4m
- Published:
03 Nov 2015 -
Author:
Tintin Stormont -
Pages:
4
Another M&A data point in the digital marketing space as Endurance International announces it is acquiring Constant Contact for $1.1bn (23% premium). The acquisition multiple is 12x Dec 2015 EBITDA, with Constant Contact 2015 forecast revenue growth of 12% and forecast adjusted EBITDA margin of 20%. Dotdigital currently trades on 14x EV/EBITDA to June 2016 falling to 9.6x to June 2017, with forecast revenue growth of 30% (and track record of delivering this) and adjusted EBITDA margin of 27% eve ....