At what enterprise value was AKIEM acquired in 2022?

During the acquisition of AKIEM by CDPQ - CAISSE DE DEPOT ET PLACEMENT DU QUEBEC in 2022, the company was valued at an estimated revenue multiple of 10x - 18x. 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 Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AKIEM when it was acquired by CDPQ - CAISSE DE DEPOT ET PLACEMENT DU QUEBEC?

The estimated EV/EBITDA multiple for AKIEM is in the range of 15x - 25x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

What was the revenue of AKIEM at the time of the deal?

The revenue of AKIEM at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AKIEM during the acquisition?

AKIEM'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 AKIEM 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 AKIEM 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.groupe-sncf.com/fr/groupe/finances/cession-akiem

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Home Database Business ServicesAKIEM

12/2022

AKIEM acquired by CDPQ - CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

FRANCE Industrial Services / Equipment Rental EV 1b - 4b EUR

Context

SNCF and DWS sold their 100% stake in Akiem to CDPQ. This landmark transaction in the rail sector follows the divestment of Ermewa and aims to position Akiem as a key platform for the decarbonization of transport in Europe by investing in new, sustainable locomotive fleets.

AKIEM, 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 Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

A leading European provider of locomotive leasing and maintenance services. Akiem manages a fleet of over 600 locomotives used by freight and passenger rail operators across continental Europe, offering full-service leasing solutions including technical support and spare parts management.

Ent. Value

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2020

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2023	FRANCHISE BRANDS	PIRTEK EUROPE	UNITED KINGDOM	Welding & Piping Services
01/2023	SOLOMAT LOCATION	TERMALOC	FRANCE	Equipment Rental
09/2022	ELEMENT MATERIALS TECHNOLOGY	NATIONAL TECHNICAL SYSTEMS (NTS)	UNITED STATES	TIC (Testing, Inspection, Certification)
08/2022	OAKLEY CAPITAL INVESTMENTS	PHENNA GROUP	UNITED KINGDOM	TIC (Testing, Inspection, Certification)
08/2022	BAKER HUGHES	QUEST INTEGRITY	UNITED STATES	TIC (Testing, Inspection, Certification)
07/2022	LOXAM	ARTEIXO MAQUINARIA	SPAIN	Equipment Rental
07/2022	ABL GROUP	ADD ENERGY	NORWAY	Engineering & Consulting
07/2022	LOXAM	SOFRANEL	FRANCE	Equipment Rental
05/2022	DXP ENTERPRISES	CISCO AIR SYSTEMS	UNITED STATES	Industrial & Technical Distribution
04/2022	SOLOMAT LOCATION	LOCANET	FRANCE	Equipment Rental

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 150M - 250M 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 AKIEM by CDPQ - CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 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: cdpq - caisse de depot et placement du quebec