247 TAILOR STEEL acquired by PARCOM CAPITAL MANAGEMENT
Context
Parcom Capital acquired a 60% majority stake in 247TailorSteel from its founder, Carel van Sorgen. The transaction was designed to solve the founder's succession while providing the industrial group with the financial muscle to accelerate its European rollout.
247 TAILOR STEEL, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
247TailorSteel is the leading European "Manufacturing-as-a-Service" platform for custom-cut metal sheets, tubes, and bended parts. By combining a 100% digital front-end with a fully robotized production floor, 247TailorSteel guarantees ultra-fast delivery (as quick as 48 hours) and extreme precision for prototypes and mass production alike.
Ent. Value
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: parcom capital management