
PRINT THIS PAGE Argos Mid-Market Index H1 200709/01/2008. Source: Argos Soditic and Epsilon Research. 
The Argos Mid-Market index measures the evolution
of European private mid-market company prices.
Carried out by Epsilon Research for Argos Soditic and
published every six months, it reflects median EV/EBITDA
multiples, on a 12-month rolling basis, of mid-market
M&A transactions in the euro zone. For H1 2007, the index is at an historic high. Since its launching in December 2006, the Argos Mid- Market index has become a leading reference for players in private markets, such as private equity funds, M&A advisors, investment banks, and accountants. The strict methodology followed guarantees that the index is rigorous,
relevant, stable and transparent.
The goal is to offer market professionals and company managers a reference tool for understanding the evolution of acquisition prices in private company transactions.
The Argos Mid-Market half-yearly index meets a growing demand from the market for rigorous, objective and transparent information. This demand is due to an increase in mid-market M&A deals, where market prices lack visibility, as well as to the growing role of private equity in the European economy and the evolution of professional standards (EVCA/AFIC) and accounting norms (IFRS).
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Created in 1989, Argos Soditic is an independent European private equity firm with offices in Paris, Geneva and Milan, wholly owned and operated by its partners. Argos Soditic focuses on management buy-outs and buy-ins in small and medium sized companies across Europe, but primarily in France, Italy, and Switzerland. The firm has developed a unique strategy of carrying out projects that require deep involvement with the financial shareholders and managers of companies (MBI, spin-off, reorganization, build-up) it acquires. In 2006, the firm announced the closing of a new €275 M fund, Argos Soditic V, which allowed the firm to carry out an MBO of Driver/Sitour in France and GPP in Italy. Since the start of 2007, Argos Soditic has invested through an MBI in Alkan, has already made several investments since the beginning of the year, including the MBIs of Alkan, a subsidiary of MBDA France specialized in ejection systems for the aerospace industry, Chronolyss, a leader in home services for diabetics patients, and Axyntis, a fine chemicals company as well as the MBO of FHB, a diversified conglomerate.For more information go to www.argos-soditic.com.
Epsilon Research is an independent financial analysis bureau specialising in private company M&A transactions. Epsilon regularly publishes market analysis on the European small & mid-sized M&A and private equity market. For more information, go to www.epsilon-research.com.

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