4
Shared Docs
4
Same-Page
4 / 4
Mentions
$13.1 Million. 3. The past three comparable transactions for =ompanies in this market average an enterprise value at —10x multiple of =BITDA a. Wilhelmina: 7x (average meaningful trading =ultiple since 2010) b. Creative Artists Agency: 10x (TPG =cquisition, 2014) c. IMG: 13x (WME acquisition, =013)
ite Models in Europe contacted us with an interest in buying =he company, Faith told me to relay to them that they would not =ontemplate selling to Elite for less than $100 million (which at the =ime was a +10x synergy-adjusted EBITDA value). Ultimately they =alked based on that value requirement. I
$13.1 Million. 3. The past three comparable transactions for =ompanies in this market average an enterprise value at —10x multiple of =BITDA a. Wilhelmina: 7x (average meaningful trading =ultiple since 2010) b. Creative Artists Agency: 10x (TPG =cquisition, 2014) c. IMG: 13x (WME acquisition, =013)
ite Models in Europe contacted us with an interest in buying =he company, Faith told me to relay to them that they would not =ontemplate selling to Elite for less than $100 million (which at the =ime was a +10x synergy-adjusted EBITDA value). Ultimately they =alked based on that value requirement. fo
$13.1 Million. 3. The past three comparable transactions for =ompanies in this market average an enterprise value at - 10x multiple of =BITDA a. Wilhelmina: 7x (average meaningful trading =ultiple since 2010) b. Creative Artists Agency: 10x (TPG =cquisition, 2014) c. IMG: 13x (WME acquisition, 2013)
ite Models in Europe contacted us with an interest in buying =he company, Faith told me to relay to them that they would not =ontemplate selling to Elite for less than $100 million (which at the =ime was a +10x synergy-adjusted EBITDA value). Ultimately they =alked based on that value requirement. I
illion. 3. = The past three c=mparable transactions for companies in this market average an enterprise va=ue at —10x multiple of EBITDA a. =nbsp; Wilhelmina: 7x (=verage meaningful trading multiple since 2010) b. =nbsp; Creative Artist= Agency: 10x (TPG acquisition, 2014) c. =nbsp; IMG: 13x (WME a=quisi
lite Models in Europe contacted us with=an interest in buying the company, Faith told me to relay to them that they would not contemplate selling to Elite for less than $100=million (which at the time was a +10x synergy-adjusted EBITDA value). =Ultimately they walked based on that value requirement.</
Entities connected to both Wilhelmina and Elite

Jeffrey Epstein
PERSON
Marc Rich
PERSONElite Models
ORGANIZATIONChris Lawler
PERSONNeale Attenborough
PERSON
Richard Kahn
PERSONFaith
PERSONTTM EBITDA
ORGANIZATIONTyler Shean
PERSONOpenGate Capital
ORGANIZATION
George W. Bush
PERSON
Lesley Groff
PERSON
Milan
LOCATION
Ralph Lauren
PERSONMaria Farmer
PERSON
Lindsay Lohan
PERSONHBRK Associates
ORGANIZATION
Hilton
ORGANIZATION
Barbara Walters
PERSON
Halle Berry
PERSON