At what enterprise value was ACCELL GROUP acquired in 2022?

During the acquisition of ACCELL GROUP by KKR in 2022, 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 1b - 4b 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ACCELL GROUP when it was acquired by KKR?

The estimated EV/EBITDA multiple for ACCELL GROUP is in the range of 10x - 18x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was ACCELL GROUP acquired by KKR?

ACCELL GROUP was acquired by KKR in 2022.

What was the revenue of ACCELL GROUP at the time of the deal?

The revenue of ACCELL GROUP at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ACCELL GROUP during the acquisition?

ACCELL GROUP's EBITDA is estimated to be in the range of 100M - 200M 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 ACCELL GROUP 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 ACCELL GROUP 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.lesechos.fr/industrie-services/conso-distribution/lamericain-kkr-pres-de-soffrir-un-geant-europeen-du-velo-proprietaire-des-cycles-lapierre-1381386

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Home Database Retail & ConsumerACCELL GROUP

01/2022

ACCELL GROUP acquired by KKR

NETHERLANDS Consumer Products / Sport / Cycling & Micromobility EV 1b - 4b EUR

Context

KKR launched a recommended cash offer to acquire all outstanding shares of Accell Group for EUR58.00 per share. The offer represents a premium of 26% over the closing price and 42% over the 3-month average. The deal is supported by Accell's Board and its two largest shareholders, Teslin (10.8%) and Hoogh Blarick (7.5%). The objective is to take the company private to accelerate the execution of its strategy (supply chain optimization, green mobility) away from public market volatility.

ACCELL GROUP, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Accell Group is the European market leader in e-bikes and a major player in bicycle parts and accessories. The group owns a strong portfolio of premium brands including Haibike, Winora, Ghost, Batavus, Sparta, Babboe, and the iconic French brand Lapierre. Based in the Netherlands, Accell employs approximately 3,100 people across 15 countries. It is particularly dominant in the high-growth mid-to-high-end e-bike segment.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2021

2020

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07/2021	HLD	JIMMY FAIRLY	FRANCE	Fashion & Apparel
06/2021	EQUIP CAPITAL	RYDE	NORWAY	Cycling & Micromobility
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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACCELL GROUP by KKR 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.

Acquirer: kkr