At what enterprise value was 123 ELEC acquired in 2020?

During the acquisition of 123 ELEC by B & CAPITAL in 2020, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

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.

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.

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.

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 in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

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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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2020

2019

Other operations with 123 ELEC

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	SIPAREX	123 ELEC	FRANCE	Specialized E-commerce

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: 123 elec

Acquirer: b & capital