ACCES INDUSTRIE acquired by EQUISTONE
Context
After a 2-year holding period, Parquest Capital mandated Canaccord Genuity to sell its majority stake. Under Parquest, the group's EBITDA doubled from EUR20M to EUR40M, driven by organic growth and two strategic acquisitions (Matelev and Novelis). The transaction marked the final transformation of the group from a distressed listed company to a highly profitable private leader.
In the past, the company underwent an LBO led by Parquest Capital in 2017, and continued an active consolidation strategy by notably acquiring Novelis (2019).
ACCES INDUSTRIE, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, a level significantly lower than the average currently observed in the Business Services sector (11.4x).
-> Deep-dive in Business Services market trends
Target
A leading French independent specialist in the rental and sale of aerial work platforms and material handling equipment. Accès Industrie operates a national network of over 45 agencies and manages a fleet of approx. 14,600 machines, serving the construction, Corporate, and logistics sectors.
Ent. Value
€100–350M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with ACCES INDUSTRIE
Other operations with ACCES INDUSTRIE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2025 | ACCES INDUSTRIE | HUET LOCATION | FRANCE | Equipment Rental |
| 04/2024 | DELMAS INVESTISSEMENTS ET PARTICIPATIONS | ACCES INDUSTRIE | FRANCE | Equipment Rental |
| 09/2019 | ACCES INDUSTRIE | MATELEV | FRANCE | Equipment Rental |
| 05/2019 | ACCES INDUSTRIE | NOVELIS | FRANCE | Equipment Rental |
| 06/2017 | PARQUEST CAPITAL | ACCES INDUSTRIE | FRANCE | Equipment Rental |
Similar deals in Industrial Services
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2020 | BOELS RENTAL | CRAMO | FINLAND | Equipment Rental |
| 12/2019 | CLAYTON, DUBILIER & RICE (CD&R) | SOCOTEC | FRANCE | TIC (Testing, Inspection, Certification) |
| 09/2019 | ASHTEAD TECHNOLOGY | UNDERWATER CUTTING SOLUTIONS | UNITED KINGDOM | Equipment Rental |
| 09/2019 | ACCES INDUSTRIE | MATELEV | FRANCE | Equipment Rental |
| 08/2019 | EQUISTONE / SAGARD | VULCAIN INGENIERIE | FRANCE | Engineering & Consulting |
| 08/2019 | JACOBS | JOHN WOOD NUCLEAR | UNITED KINGDOM | Engineering & Consulting |
| 07/2019 | BLACKSTONE | CRH EUROPE DISTRIBUTION | NETHERLANDS | Industrial & Technical Distribution |
| 06/2019 | LOXAM | RAMIRENT | FINLAND | Equipment Rental |
| 06/2019 | GROUPE BERTO | GROUPE TDS (TRANSPORTS DEPLACEMENTS SERVICES) | FRANCE | Equipment Rental |
| 05/2019 | ACCES INDUSTRIE | NOVELIS | FRANCE | Equipment Rental |
Other operations with EQUISTONE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2022 | EQUISTONE / ALPINVEST | SICAME | FRANCE | Electrical Equipment |
| 06/2022 | EQUISTONE / IK PARTNERS / SAGARD / EMZ PARTNERS / SOCIETE GENERALE CAPITAL PARTENAIRES | SAFIC-ALCAN | FRANCE | Specialty Chemicals |
| 07/2021 | EQUISTONE | VERTBAUDET | FRANCE | Fashion & Apparel |
| 08/2019 | EQUISTONE / SAGARD | VULCAIN INGENIERIE | FRANCE | Engineering & Consulting |
| 02/2019 | EQUISTONE | COURIR | FRANCE | Sport |
| 04/2018 | EQUISTONE | KARAVEL | FRANCE | Tour Operators |
| 07/2017 | EQUISTONE | GROUPE BRUNEAU | FRANCE | Office Supplies & Furniture |
| 07/2016 | EQUISTONE / GEI | ADISTA | FRANCE | MSP (Managed Services) |
| 01/2016 | EQUISTONE | NOVARES | FRANCE | Auto Parts & Systems |
| 12/2015 | EQUISTONE | SICAME | FRANCE | Electrical Equipment |
REFERENCES
Valuation range: EV €100–350M
Revenue range: €50–100M
EBITDA range: €25–50M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACCES INDUSTRIE by EQUISTONE 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: acces industrie
Acquirer: equistone