Analysis of recent transactions in Automobile parts & equipments Industry detailing on Transaction Multiples (Revenue & EBITDA), Multiples Chart, Active Buyers & Transaction Data. A goldmine of resource for Entrepreneurs.

1. AUTO PARTS &
EQUIPMENTS
Mergers & Acquisitions Analysis
September 2015
Alps Venture Partners
TRANSACTION MULTIPLES | HISTORICAL TRENDS | GEOGRAPHIC HEAT MAP

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Merger & Acquisition Summary – Auto Parts & Equipment
Valuation Summary
Total Deal Value ($mm) 62,511
Average Deal Value ($mm) 197
Average TEV/Revenue 1.0x
Average TEV/EBITDA 10.0x
Average Day Prior Premium (%) 15%
Average Week Prior Premium (%) 20%
Average Month Prior Premium (%) 26%
*Source – CapitalIQ, AlpsVP Analysis
Date Range: Jain 1, 2010 – August 15, 2015
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Transaction Ranges
Greater than $1 billion 7
$500 - $999.9 mm 16
$100 - $499.9 mm 51
Less than $100 mm 244

3. AUTO EQUIPMENTS – HISTORICAL TREND ANALYSIS

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Transaction Multiples - Trends
*Source – CapitalIQ, AlpsVP Analysis;
1.3x 0.9x 1.2x 0.8x 1.0x 0.9x
13.7x
10.6x
11.3x
9.2x
7.8x
6.2x
0.0x
2.0x
4.0x
6.0x
8.0x
10.0x
12.0x
14.0x
16.0x
2010 2011 2012 2013 2014 2015
Multiples
Average TEV/Revenue
Average TEV/EBITDA
Historical Multiples 2010 2011 2012 2013 2014 2015 5 Year
Average TEV/Revenue 1.3x 0.9x 1.2x 0.8x 1.0x 0.9x 1.0x
Average TEV/EBITDA 13.7x 10.6x 11.3x 9.2x 7.8x 6.2x 10.5x
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5. 3pageA L P S V E N T U RE P A R T N E R S
Transaction Numbers - Trends
*Source – CapitalIQ, AlpsVP Analysis;
1 1 1 -
2 2
1
4 5
3 2 1
7
13 13
7 8
3
38
47
51
53
39
16
-
10
20
30
40
50
60
2010 2011 2012 2013 2014 2015
NumberofTransactions
> $1 billion
$500 - $999.9mm
$100 - $499.9mm
Less than $100mm
(in $ Million) 2010 2011 2012 2013 2014 2015 5 Year
Average Deal Value 179.0 118.8 127.0 73.8 241.2 933.4 148.0
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6. 4pageA L P S V E N T U RE P A R T N E R S
Geographic Heat Map
*Source – CapitalIQ, AlpsVP Analysis; Number of transactions in Major Regions;
Asia Pacific – 46%Americas – 20% Europe/MENA/Africa – 34%
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Region / Transactions Number Total Value Average Size
Asia Pacific 147 13,968 95
Europe/MENA/Africa 109 22,677 208
Americas 62 25,866 417

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Biggest Transactions
Target Deal Value ($mm)
ZF TRW Automotive Holdings Corp. 14,507
Pinafore Holdings B.V. 7,340
Pinafore Holdings B.V. 5,218
Hanon Systems Corp. (KOSE:A018880) 3,953
Service Solutions U.S. LLC 1,150
UCI Holdings Limited 1,142
Schrader International, Inc. 1,005
Toyota Auto Body Co., Ltd. 980
FCI SA, Motorized Vehicles Division 972
Honeywell International Inc., Consumer Products
Group Business
955
*Source – CapitalIQ, AlpsVP Analysis
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