At what enterprise value was 123 ELEC acquired in 2020?

During the acquisition of 123 ELEC by B & CAPITAL in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of 123 ELEC when it was acquired by B & CAPITAL?

The estimated EV/EBITDA multiple for 123 ELEC is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.3x. Join our community for free to access full valuation data and industry trends.

When was 123 ELEC acquired by B & CAPITAL?

123 ELEC was acquired by B & CAPITAL in 2020.

What was the revenue of 123 ELEC at the time of the deal?

The revenue of 123 ELEC at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of 123 ELEC during the acquisition?

123 ELEC's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the 123 ELEC acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the 123 ELEC deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cfnews.net/L-actualite/LBO/Operations/LBO-bis/123Elec-branche-son-DG-pour-un-MBO-341942

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Home Database TMT (Tech, Media, Telecom)123 ELEC

10/2020

123 ELEC acquired by B & CAPITAL

FRANCE Media & Internet / E-commerce & Marketplaces / Specialized E-commerce EV 50M - 150M EUR

Context

B&Capital acquired a majority stake in 123Elec. This transaction allowed the historical investor Capelia to exit while providing the company with a robust financial structure and senior debt to fuel its next expansion phase.

123 ELEC, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 2008, 123 Elec (operating under the corporate name Phase Neutre) is a leading French online distributor of electrical equipment for both professional electricians and DIY individuals. The group offers a vast catalog ranging from core electrical components (cabling, panels) to high-growth segments such as home automation, lighting, security, and photovoltaic systems. Managing nearly 400,000 orders annually with 115 employees.

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Other operations with 123 ELEC

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2026	SIPAREX	123 ELEC	FRANCE	Media & Internet	Siparex Midcap acquired a majority stake in 123 Elec from B&Capital. This transaction marks the exit of B&Capital after a five-year holding period during which the group doubled its revenue from EUR43m to over EUR90m and realized a 2.5x return on investment. The management team reinvested significantly alongside Siparex and a pool of financial partners including BNP Paribas Developpement. The deal, supported by acquisition debt arranged by Caisse d'Epargne, aims to accelerate 123 Elec's digital lead and diversify its product offering into energy transition equipment.

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of 123 ELEC by B & CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: 123 elec

Acquirer: b & capital