Bemycompany Capital Partners invests in Acetaia Fondo Montebello
Context
Bemycompany Capital Partners has acquired an initial 8% minority interest in Acetaia Fondo Montebello, with a structured agreement to increase the position to 16% within the first quarter of 2020. This investment represents a classic growth capital transaction aimed at professionalizing the target’s corporate governance and accelerating its international expansion roadmap. The strategic rationale for the deal centers on providing the target with the necessary capital and managerial expertise to establish direct commercial branches in North America and to evaluate opportunistic acquisitions of other balsamic vinegar producers. By integrating financial resources with a network of seasoned entrepreneurs and managers, the holding company seeks to prepare the SME for an eventual public listing.
Acetaia Fondo Montebello, which reported an EBITDA margin of [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average observed in the AgriFood sector (12.4x in 2020).
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Target
Established in 1991 in Pozza di Maranello, in the province of Modena, Acetaia Fondo Montebello produces Balsamic Vinegar of Modena PGI. It cooks grape must, ages the vinegar in wooden barrels and bottles it for sale, following traditional methods under the protected geographical indication. Alongside the vinegar, it sells wines, organic tomatoes and Sicilian extra virgin olive oil. Its customers are delicatessens, specialist food retailers and restaurants, in Italy and abroad, where it sells through its own subsidiary in Houston and distribution points in Europe and Asia.
Ent. Value
€0–15M
Equity Value
[members only]
Multiples
EV / Revenue
2x–6x
EV / EBITDA
15x–25x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Acetaia Fondo Montebello
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2020 | BEMYCOMPANY CAPITAL PARTNER | ACETAIA FONDO MONTEBELLO | ITALY | Food Products |
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REFERENCES
Valuation range: EV €0–15M
Revenue range: €0–5M
EBITDA range: €0–5M
EV/Revenue range: 2x - 6x
EV/EBITDA range: 15x - 25x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Acetaia Fondo Montebello by Bemycompany Capital Partners 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: acetaia fondo montebello
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