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Date Target Buyer(s) SegmentAmount
($ in Mil)TEV/ Rev TEV/ EBITDA
6/19/2017 CareerBuilder LLC Ontario Teachers' Pension Plan Board Human Resources 627.48 - -
6/2/2017 Sage Payment Solutions, Inc. GTCR LLC Business Process Outsourcing 260.00 1.55x -
5/23/2017 The Capital Markets Co. Clayton Dubilier & Rice LLC Business Process Outsourcing 795.00 - -
5/18/2017 Maintenance Supply Headquarters LP Lowe's Cos., Inc. Facility Services and Industrial Services 512.00 - -
5/10/2017 InVentiv Group Holdings, Inc. INC Research Holdings, Inc. Business Process Outsourcing 6,647.55 2.86x 26.20x
5/10/2017 National Surgical Hospitals, Inc. Surgery Partners, Inc. Facility Services and Industrial Services 760.00 - -
5/10/2017 Iconix Brand Group, Inc. /Entertainment
Divison/
DHX Media Ltd. Marketing Services 345.00 - -
4/18/2017 Moat, Inc. Oracle Corp. IT Services 850.00 - -
4/14/2017 Ascend Learning LLC Canada Pension Plan Investment Board Education and Training 2,000.00 - -
4/10/2017 RetailMeNot, Inc. Harland Clarke Holdings Corp. Marketing Services 394.75 - -
Strategic81%
Financial19%
16 12
37
13
60
2
22
32
21
-
10
20
30
40
50
60
Educationand Training
BusinessProcess
Outsourcing
FacilityServices and
IndustrialServices
HumanResources
MarketingServices
Real EstateServices
IT Services SpecialtyConsulting
ProfessionalServices
Financial Buyer Inv. Date Select Corporate Acquisitions1/19/2017 ▪ C-4 Analytics
9/26/2016 ▪ Right Networks, LLC
09/20/2016 ▪ Reimagine Holding Group
6/6/2017 ▪ Nature's Trees, Inc.
4/4/2017 ▪ Signature Specialty Sales & Marketing, Inc.
3/6/2017 ▪ Simplified Logistics LLC
12/30/2016 ▪ Harlow-HRK Sales & Marketing, Inc.
6/2/2017 ▪ Sage Payment Solutions, Inc.
3/28/2017 ▪ Bulletin Intelligence LLC
12/12/2016 ▪ Beeline.com, Inc.
4/20/2017 ▪ Spanning Cloud Apps LLC
4/18/2017 ▪ Teachers-Teachers.com, Inc.
11/8/2016 ▪ Cyber Algorithms
2/2/2017 ▪ Elite SEM, Inc.
12/8/2016 ▪ Sentient Interactive LLC
11/7/2016 ▪ Marketeching Solutions LLC
Mountaingate Capital Management LP
GTCR LLC
CI Capital Partners LLC
Insight Venture Management LLC
BV Investment Partners, LLC
Strategic Buyer Inv. Date Select Corporate Acquisitions6/7/2017 ▪ Phase One Consulting Group, Inc.
6/1/2017 ▪ LabAnswer Government LLC
4/12/2017 ▪ Beespath, Inc. /Closingbridge/
3/24/2017 ▪ First Annapolis Consulting, Inc.
3/1/2017 ▪ Davies Consulting LLC
2/28/2017 ▪ Infusion Software, Inc.
2/9/2017 ▪ Verisign, Inc. (Idefense Security Intelligence Services Business)
2/8/2017 ▪ Endgame, Inc.
1/31/2017 ▪ InvestTech Systems Consulting, Inc.
1/19/2017 ▪ Seabury Group LLC (Corp Advisory & Aviation Consulting Business)
1/9/2017 ▪ Altitude, Inc.
9/26/2016 ▪ DayNine Consulting, Inc.
9/22/2016 ▪ Kurt Salmon US Inc.
6/1/2017 ▪ MSP Equipment Rentals, Inc.
5/22/2017 ▪ RGR Equipment LLC
5/1/2017 ▪ Noble Rents, Inc. /Equipment Rental Operations/
4/26/2017 ▪ Van's Equipment Denver LLC
4/3/2017 ▪ Pride Equipment Corp.
3/9/2017 ▪ Exterm-A-Tech, Inc.
12/1/2016 ▪ Action Termite & Pest Control LLC
11/2/2016 ▪ Whitco Pest Management, Inc.
5/12/2017 ▪ MT Business Technologies, Inc.
3/1/2017 ▪ LRI Marketing
3/16/2016 ▪ Imagetek Office Systems LP
1/1/2017 ▪ Mack, Roberts & Co. LLC
11/28/2016 ▪ GALLINA LLP
8/1/2016 ▪ Bray & Co. CPA LLC
8/1/2016 ▪ CPWR LLP CPA
7/1/2016 ▪ Peto & Company CPA'S PLLC
4/3/2017 ▪ Leapfrog Online Customer Acquisition LLC
11/17/2016 ▪ Findr Group LLC
9/1/2016 ▪ Accordant Media, LLC
8/8/2016 ▪ Merkle Inc.
Arrow Exterminators, Inc.
CliftonLarsonAllen LLP
Xerox Corporation (NYSE:XRX)
Sunbelt Rentals, Inc.
Accenture PLC
Dentsu Aegis Network Ltd.
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
Pearson Plc PSON-GB 7,389$ 8.98$ 3.5% -15.5% 68.8% (0.0%) 16.4% 1.5x 7.1x NM 1.5x 9.3x
John Wiley & Sons, Inc. JW.A-US 3,018 52.75 -0.5% -3.2% 89.6% 0.6% 22.3% 1.9x 8.8x 27.1x 2.0x 9.1x
Graham Holdings Co. GHC-US 2,775 599.65 2.5% 17.1% 97.4% NM 8.7% 1.1x 6.2x 22.2x NM NM
Adtalem Global Education, Inc. DV-US 2,377 37.95 7.2% 21.6% 93.2% (1.9%) 16.9% 1.2x 7.5x 35.1x 1.3x 7.4x
Strayer Education, Inc. STRA-US 1,040 93.22 14.6% 15.6% 97.4% 6.2% 19.9% 2.0x 11.9x 31.0x 1.9x 9.9x
Capella Education Co. CPLA-US 992 85.60 0.1% -2.5% 86.2% 4.7% 20.3% 1.9x 9.1x 24.9x 1.9x 9.0x
K12, Inc. LRN-US 727 17.92 -3.9% 4.4% 84.6% 2.9% 13.9% 0.6x 6.0x 119.5x 0.6x 4.2x
Career Education Corp. CECO-US 663 9.60 10.2% -4.9% 76.3% (11.1%) 8.4% 0.7x 20.9x NM 0.9x NM
GP Strategies Corp. GPX-US 442 26.40 5.4% -7.7% 88.0% 7.5% 6.4% 1.0x 12.8x 21.6x 0.9x 11.1x
Bridgepoint Education, Inc. BPI-US 428 14.76 38.1% 45.7% 93.1% (6.1%) 9.3% 0.4x 6.0x NM 0.9x 12.7x
$1,985 7.7% 7.1% 87.5% 0.3% 14.3% 1.2x 9.6x 40.2x 1.3x 9.1x$1,016 4.5% 1.0% 88.8% 0.6% 15.2% 1.2x 8.2x 27.1x 1.3x 9.2x
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
Waste Management, Inc. WM-US 32,406$ 73.35$ 0.6% 3.4% 98.4% 5.0% 26.4% 3.0x 10.7x 26.8x 2.9x 10.2x
Republic Services, Inc. RSG-US 21,546 63.73 1.4% 11.7% 97.5% 5.4% 27.4% 3.1x 10.8x 33.9x 2.9x 10.3x
Waste Connections, Inc. WCN-US 16,937 64.42 10.0% 23.0% 96.1% 17.1% 29.5% 5.3x 17.1x 104.9x 4.5x 13.9x
Cintas Corp. CTAS-US 13,275 126.04 -0.7% 9.1% 95.9% 19.4% 20.0% 3.0x 15.5x 28.8x 2.6x 13.4x
Aramark ARMK-US 10,004 40.98 10.4% 14.7% 98.2% 2.1% 8.9% 1.0x 9.7x 31.5x 1.0x 10.3x
United Rentals, Inc. URI-US 9,525 112.71 -9.2% 6.8% 83.9% 9.4% 42.3% 2.9x 6.4x 16.8x 2.8x 5.8x
Iron Mountain, Inc. IRM-US 9,075 34.36 -2.9% 5.8% 82.8% 4.6% 31.2% 4.1x 14.8x 102.5x 3.9x 11.6x
Stericycle, Inc. SRCL-US 6,508 76.32 -6.2% -0.9% 70.8% 1.9% 21.9% 2.6x 11.1x 43.8x 2.6x 10.3x
Clean Harbors, Inc. CLH-US 3,194 55.83 1.4% 0.3% 90.6% 6.5% 11.6% 1.6x 11.3x NM 1.5x 9.4x
ABM Industries, Inc. ABM-US 2,316 41.52 -4.4% 1.7% 92.2% 2.3% 4.1% 0.5x 13.4x 176.5x 0.5x 10.0x
FirstService Corp. FSV-US 2,215 63.98 6.9% 34.8% 97.8% 12.3% 5.1% 1.7x 19.4x 58.2x 1.5x 15.9x
UniFirst Corp. UNF-US 2,176 140.70 -0.2% -2.1% 95.3% 4.4% 15.0% 1.5x 9.6x 26.0x 1.6x 9.4x
Covanta Holding Corp. CVA-US 1,729 13.20 -14.6% -15.4% 76.9% 3.6% 7.2% 2.6x 14.2x NM 2.5x 10.1x
US Ecology, Inc. ECOL-US 1,102 50.50 9.5% 2.7% 93.5% 9.2% 20.4% 2.9x 12.7x 34.6x 2.6x 10.8x
H&E Equipment Services, Inc. HEES-US 726 20.41 -16.0% -12.2% 74.1% 1.6% 29.7% 1.6x 5.2x 19.6x 1.6x 5.1x
Team, Inc. TISI-US 699 23.45 -15.9% -40.3% 59.1% 7.8% (0.5%) 0.8x 20.8x NM 0.8x 8.8x
SP Plus Corp. SP-US 688 30.55 -9.2% 8.5% 79.2% (44.9%) 4.8% 0.5x 8.5x 23.5x 1.0x 8.7x
Casella Waste Systems, Inc. CWST-US 671 16.41 17.7% 32.2% 96.8% 3.3% 17.3% 2.1x 9.6x NM 2.0x 9.1x
CECO Environmental Corp. CECE-US 318 9.18 -13.6% -34.2% 61.7% (1.2%) 10.7% 1.0x 7.1x NM 1.0x 7.2x
3.7% 17.5%4.6% 17.3%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
Cognizant Technology Solutions Corp. CTSH-US 39,109$ 66.40$ 12.1% 18.5% 97.4% 11.3% 18.4% 2.6x 13.5x 24.1x 2.4x 12.1x
Wipro Ltd. 507685-IN 19,480 4.00 0.3% 9.2% 90.8% 3.9% 20.1% 1.9x 9.5x 15.4x 1.8x 9.1x
Convergys Corp. CVG-US 2,238 23.78 13.2% -3.2% 76.9% 0.0% 13.7% 0.8x 6.4x 19.1x 0.9x 7.1x
West Corp. WSTC-US 1,986 23.32 -4.0% -5.8% 81.6% 1.8% 27.2% 2.2x 7.8x 9.8x 2.1x 7.5x
TeleTech Holdings, Inc. TTEC-US 1,861 40.80 38.5% 33.8% 95.1% 8.9% 13.9% 1.5x 10.3x 45.3x 1.4x 10.4x
Sykes Enterprises, Inc. SYKE-US 1,426 33.53 15.3% 16.2% 97.3% 6.3% 11.8% 0.9x 7.9x 21.0x 0.8x 7.1x
Virtusa Corp. VRTU-US 885 29.40 -1.9% 17.0% 84.2% 11.8% 6.1% 1.1x 32.9x 75.4x 1.0x 11.9x
Unisys Corp. UIS-US 645 12.80 -9.5% -14.4% 76.6% (1.7%) 8.4% 0.2x 2.1x NM 0.2x 1.7x
5.3% 15.0%5.1% 13.8%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
Automatic Data Processing, Inc. ADP-US 45,842$ 102.46$ 0.3% -0.3% 97.0% 6.8% 26.8% 3.7x 16.2x 26.5x 3.5x 15.7x
ManpowerGroup, Inc. MAN-US 7,489 111.65 8.4% 25.6% 99.6% 3.8% 3.6% 0.4x 9.6x 17.5x 0.4x 9.1x
Robert Half International, Inc. RHI-US 6,096 47.93 -1.4% -1.7% 94.0% 2.4% 11.0% 1.1x 9.6x 18.1x 1.1x 9.4x
On Assignment, Inc. ASGN-US 2,860 54.15 13.4% 22.6% 98.2% 9.7% 9.4% 1.4x 13.4x 28.4x 1.3x 10.7x
51job, Inc. JOBS-US 2,689 44.73 23.4% 32.3% 95.2% 15.3% NM 5.5x 16.9x 27.3x 4.6x 12.8x
WageWorks, Inc. WAGE-US 2,657 67.20 -6.5% -7.3% 83.5% 25.6% 27.9% 5.7x 24.9x NM 4.4x 14.3x
TriNet Group, Inc. TNET-US 2,244 32.74 14.5% 27.8% 97.8% (75.8%) 7.1% 0.8x 13.6x 29.8x 3.4x 12.0x
Korn/Ferry International KFY-US 1,966 34.53 9.7% 17.3% 95.7% (0.4%) 12.3% 1.1x 8.2x 23.5x 1.1x 7.4x
Insperity, Inc. NSP-US 1,496 71.00 -18.2% 0.1% 75.8% 13.3% 6.5% 0.4x 10.1x 21.8x 0.4x 7.1x
TrueBlue, Inc. TBI-US 1,128 26.50 -2.8% 7.5% 92.3% (3.9%) 3.1% 0.4x 8.6x NM 0.5x 8.4x
Kelly Services, Inc. KELYA-US 859 22.45 5.1% -2.1% 90.9% 2.2% 1.9% 0.2x 8.9x 7.2x 0.2x 8.1x
Kforce, Inc. KFRC-US 525 19.60 -17.3% -15.2% 72.7% 4.5% 4.0% 0.5x 9.5x 14.6x 0.5x 7.7x
Heidrick & Struggles International, Inc. HSII-US 408 21.75 -15.2% -9.9% 80.3% 3.2% 7.5% 0.6x 6.6x 28.2x 0.6x 6.4x
0.5% 10.1%3.8% 7.3%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
S&P Global, Inc. SPGI-US 37,636$ 145.99$ 12.8% 35.8% 97.1% 3.5% 50.7% 6.9x 14.7x 17.4x 6.8x 14.3x
Thomson Reuters Corp. TRI-CA 33,288 46.23 3.6% 2.2% 98.1% 6.3% 31.1% 3.6x 12.9x 30.0x 3.4x 11.3x
Moody's Corp. MCO-US 23,277 121.68 9.0% 29.1% 98.9% 4.5% 48.8% 6.5x 13.5x 55.1x 6.4x 13.6x
Experian Plc EXPN-GB 19,187 20.46 -2.9% 0.1% 92.6% 8.4% 37.4% 5.1x 14.6x 21.9x 4.8x 13.7x
IHS Markit Ltd. INFO-US 17,581 44.04 5.8% 24.4% 91.9% (13.3%) 32.4% 6.4x 17.6x 59.5x 6.1x 15.2x
Equifax, Inc. EFX-US 16,520 137.42 0.6% 16.2% 95.4% 9.2% 34.7% 5.9x 16.4x 30.9x 5.5x 14.9x
Alliance Data Systems Corp. ADS-US 14,291 256.69 3.1% 12.3% 96.4% 11.7% 25.5% 3.4x 14.0x 33.9x 3.1x 12.0x
Verisk Analytics, Inc. VRSK-US 13,950 84.37 4.4% 3.9% 96.5% 6.9% 48.8% 8.0x 16.7x 31.3x 7.7x 15.4x
Gartner, Inc. IT-US 11,169 123.51 13.6% 22.2% 98.9% 47.6% 13.3% 4.6x 28.6x 56.1x 2.9x 14.4x
CoStar Group, Inc. CSGP-US 8,633 263.60 27.5% 39.8% 98.1% 17.3% 24.3% 9.7x 36.3x 94.8x 8.2x 26.0x
Xerox Corp. XRX-US 7,302 28.73 -2.7% 24.9% 69.4% (6.0%) 12.0% 0.8x 8.3x NM 1.2x 6.6x
FactSet Research Systems Inc. FDS-US 6,519 166.18 1.1% 1.7% 90.5% 11.6% 33.4% 5.8x 16.6x 19.5x 5.3x 15.6x
Fair Isaac Corp. FICO-US 4,317 139.41 8.6% 16.9% 99.1% 5.4% 21.6% 5.2x 23.0x 34.7x 5.1x 16.7x
Dun & Bradstreet Corp. DNB-US 3,990 108.15 2.2% -10.9% 76.4% 5.4% 19.2% 3.1x 11.0x 45.5x 3.0x 10.8x
CoreLogic, Inc. CLGX-US 3,672 43.38 7.3% 17.8% 98.7% (3.1%) 17.4% 2.7x 11.9x 40.1x 2.8x 10.8x
Acxiom Corp. ACXM-US 2,055 25.98 -6.4% -3.1% 85.5% 10.8% 6.3% 2.4x 18.1x NM 2.2x 10.9x
The Advisory Board Co. ABCO-US 2,090 51.50 10.3% 54.9% 94.5% 3.9% 12.5% 3.2x 18.1x 20.9x 3.1x 12.3x
comScore, Inc. SCOR-US 1,504 26.25 21.8% -16.9% 75.3% NM NM 3.8x 37.4x NM 1.5x 6.8x
Forrester Research, Inc. FORR-US 694 39.15 0.9% -8.8% 88.2% 4.3% 6.5% 1.7x 14.2x 36.9x 1.7x 14.2x
7.7% 25.0%6.3% 24.3%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
WPP Plc WPP-GB 26,684$ 20.97$ -7.0% -11.1% 84.4% 1.6% 18.8% 1.7x 10.7x 14.2x 1.7x 9.4x
Omnicom Group, Inc. OMC-US 19,294 82.90 -3.5% -2.6% 92.5% (0.1%) 13.5% 1.5x 9.9x 16.9x 1.5x 9.8x
Publicis Groupe SA PUB-FR 16,858 74.49 0.9% -0.4% 95.3% 5.5% 19.1% 1.6x 8.9x NM 1.5x 8.4x
Interpublic Group of Cos., Inc. IPG-US 9,720 24.60 0.1% 5.1% 97.1% 4.0% 4.0% 1.4x 10.0x 16.1x 1.4x 8.7x
UBM Plc UBM-GB 3,531 8.96 -8.9% -5.7% 92.3% 16.3% 30.3% 3.9x 13.8x 24.9x 3.5x 11.5x
Ipsos SA IPS-FR 1,665 37.47 13.5% 10.1% 94.2% 3.7% 14.5% 1.1x 9.8x 14.1x 1.1x 9.1x
InnerWorkings, Inc. INWK-US 616 11.60 19.3% 17.8% 97.2% 11.1% 4.1% 0.6x 13.2x NM 0.6x 10.1x
6.0% 14.9%4.0% 14.5%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
CBRE Group, Inc. CBG-US 12,299$ 36.40$ 4.8% 15.6% 97.1% 9.4% 9.2% 1.1x 13.1x 19.9x 1.1x 9.1x
CoStar Group, Inc. CSGP-US 8,633 263.60 27.5% 39.8% 98.1% 17.3% 24.3% 9.7x 36.3x 94.8x 8.2x 26.0x
Jones Lang LaSalle, Inc. JLL-US 5,661 125.00 13.5% 23.7% 98.6% 8.8% 2.3% 1.0x 12.0x 18.8x 1.0x 10.3x
Realogy Holdings Corp. RLGY-US 4,478 32.45 8.7% 26.1% 99.5% 4.5% 5.4% 1.4x 10.2x 20.9x 1.3x 10.3x
Kennedy-Wilson Holdings, Inc. KW-US 2,176 19.05 -12.0% -7.1% 80.1% 8.9% 39.3% 10.7x 32.0x NM 9.8x 24.7x
Fang Holdings Ltd. SFUN-US 1,188 3.71 39.5% 13.1% 65.8% (31.3%) NM 1.5x NM NM 3.0x 15.6x
RE/MAX Holdings, Inc. RMAX 992 56.05 -3.1% 0.1% 88.5% 11.8% 39.6% 4.2x 9.4x 43.4x 3.7x 7.0x
Altisource Portfolio Solutions SA ASPS 402 21.82 -40.8% -17.9% 46.4% (18.1%) 11.8% 0.7x 4.2x 24.2x 0.9x 6.6x
1.4% 18.8%8.9% 11.8%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
International Business Machines Corp. IBM-US 144,523$ 153.83$ -11.5% -7.3% 84.2% (1.5%) 12.4% 2.3x 11.8x 12.7x 2.3x 9.5x
Accenture Plc ACN-US 81,892 123.68 2.6% 5.6% 96.3% 1.3% 17.2% 2.0x 12.6x 21.9x 2.2x 12.7x
Cognizant Technology Solutions Corp. CTSH-US 39,109 66.40 12.1% 18.5% 97.4% 11.3% 18.4% 2.6x 13.5x 24.1x 2.4x 12.1x
CGI Group, Inc. GIB.A-CA 13,436 51.02 2.6% 2.8% 98.0% 5.0% 17.8% 2.0x 10.9x 18.4x 1.9x 10.3x
Leidos Holdings, Inc. LDOS-US 7,807 51.69 0.7% 1.1% 91.2% 25.7% 9.6% 1.3x 14.0x 24.6x 1.1x 10.8x
Booz Allen Hamilton Holding Corp. BAH-US 4,827 32.54 -8.0% -9.8% 82.0% 7.5% 9.2% 1.1x 11.4x 19.5x 1.0x 10.7x
EPAM Systems, Inc. EPAM-US 4,359 84.09 10.8% 30.8% 96.7% 27.0% 11.8% 3.3x 24.8x 45.2x 2.7x 14.6x
Teradata Corp. TDC-US 3,860 29.49 -5.7% 8.5% 88.5% (8.0%) 10.0% 1.4x 7.0x 22.9x 1.6x 9.1x
CACI International, Inc. CACI-US 3,058 125.05 5.8% 0.6% 92.4% 2.4% 7.9% 1.0x 11.5x NM 1.0x 11.1x
InterXion Holding NV INXN-US 3,251 45.78 17.2% 30.5% 98.1% 19.9% 42.6% 8.4x 19.3x 73.2x 7.0x 15.4x
ManTech International Corp. MANT-US 1,060 41.38 19.8% -2.1% 90.9% 5.1% 7.7% 0.9x 12.1x 27.5x 0.9x 11.6x
Virtusa Corp. VRTU-US 885 29.40 -1.9% 17.0% 84.2% 11.8% 6.1% 1.1x 32.9x 75.4x 1.0x 11.9x
Unisys Corp. UIS-US 645 12.80 -9.5% -14.4% 76.6% (1.7%) 8.4% 0.2x 2.1x NM 0.2x 1.7x
The Hackett Group, Inc. HCKT-US 453 15.50 -18.9% -12.2% 74.9% 1.0% 12.6% 1.5x 11.4x 20.1x 1.7x 9.6x
ServiceSource International, Inc. SREV-US 344 3.88 2.4% -31.7% 62.1% (0.9%) (8.0%) 1.2x NM NM 1.2x 14.7x
7.1% 12.2%5.0% 10.0%
Market Stats Operating Stats LTM Multiples NTM Multiples
Company Name SymbolMarket Cap
($ in Mil)Price ($)
Quarter
Change
YTD
Change
% of 52
Week High
Est.
Revenue
Growth
EBITDA
Margin
TEV/
Rev
TEV/
EBITDA
Price/
EPS
TEV/
NTM
Revenue
TEV/
NTM
EBITDA
The Advisory Board Co. ABCO-US 2,090$ 51.50$ 10.3% 54.9% 94.5% 3.9% 12.5% 3.2x 18.1x 20.9x 3.1x 12.3x
Exponent, Inc. EXPO-US 1,508 58.30 -2.1% -3.3% 90.0% 2.6% 19.3% 4.2x 20.8x 32.4x 4.3x 16.8x
FTI Consulting, Inc. FCN-US 1,445 34.96 -14.8% -22.4% 74.2% 2.1% 8.6% 1.0x 9.7x 21.1x 0.9x 8.4x
Huron Consulting Group, Inc. HURN-US 955 43.20 3.5% -14.7% 66.5% (2.2%) 13.5% 1.7x 10.5x 25.0x 1.7x 10.9x
Navigant Consulting, Inc. NCI-US 934 19.76 -13.2% -24.5% 70.9% (3.6%) 11.5% 1.1x 8.0x 17.0x 1.1x 7.4x
ICF International, Inc. ICFI-US 885 47.10 13.6% -14.7% 79.1% 3.7% 8.1% 1.0x 10.4x 19.5x 1.0x 9.7x
CBIZ, Inc. CBZ-US 816 15.00 11.1% 9.5% 94.3% 6.0% 18.9% 1.2x 10.0x 19.0x 1.2x NM
Resources Connection, Inc. RECN-US 406 13.70 -18.5% -28.8% 69.2% 0.5% 6.5% 0.6x 9.1x 24.5x 0.7x 8.0x
1.3% 12.3%2.1% 11.5%
Market Stats Operating Stats LTM Multiples NTM Multiples
