Online Backup Merger and Acquisition: Valuation Example

March 05, 2010
By Tom Millitzer, The WHIR

OnLine Data Backup Firms – A Valuation Example – More Cloud Stuff

Sometimes a little digging needs to be done … research.  Sometimes it is not that easy to find valuations, niche parts of industries are tough, but lets try a “Remote storage backup company”

The WHIR described this privately held Company as a firm that “… provides offsite, online data backup and restore services that let enterprises and government agencies rapidly and securely backup and restore files, databases and operating systems.”

The Company Acquired: DS3 DataVaulting Fairfax, Va

• Founded 2002
• Privately held
• Annual Revenue: $6M
• EBITDA: $1.5M
• Investment in DS3 by Angels $6M

The Buyer: Terremark Worldwide, Inc. (NASDAQ:TMRK)-Miami

• Annual Revenue: $300M
• Annual EBITDA $75M

A story by By Joseph Kovar at ChannelWeb had an interesting quote: “Terremark found …

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