ALLIANCE MARINE acquired by LBO FRANCE
Context
LBO France acquired a majority stake in Alliance Marine from Weinberg Capital Partners (who had backed the company since 2016). The management team reinvested significantly in the new structure to ensure continuity. The deal was financed with a mix of equity and senior debt. The exit provided a strong return for Weinberg, who oversaw the group doubling in size during their tenure. The new shareholder's roadmap focuses on continuing the aggressive external growth strategy to create a global platform.
ALLIANCE MARINE, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the Retail & Consumer sector (11.1x).
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Target
Founded in 1999, Alliance Marine is the undisputed European leader in the distribution of equipment and spare parts for both the recreational boating (yachting) and professional marine sectors. The group operates as a federation of specialized companies (including well-known brands like Plastimo, VDM-Reya, Ocean Safety, and Typhoon). It serves a vast network of ship chandlers, boat builders (OEMs), and service yards. Alliance Marine has grown significantly through a "Buy-and-Build" strategy, integrating over 20 acquisitions across France, the UK, Germany, Italy, and Scandinavia.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 150M - 250M EUR
EBITDA range: 10M - 30M 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.
Target: alliance marine
Acquirer: lbo france