ARGOS WITYU takes majority stake in JURATOYS
Context
The successful restructuring of Juratoys' capital has resulted in Argos Wityu becoming the majority shareholder, with an 85% stake in the company. This transaction follows a three-year period during which Juratoys was owned by US-based Alex Brands. The Juratoys management team, led by Ludovic Martin, has retained a 1% stake in the company. Negotiations began at the start of the year and culminated in a closing this month. This deal enables Juratoys to regain its independence and pursue growth, particularly internationally, where it generates 40% of its revenue. Between 2007 and 2017, Juratoys' sales increased from €10 million to €52.5 million, with revenues reaching €40 million just before its acquisition by Alex Brands. The transaction was facilitated by several advisors, including KPMG Transaction Services for financial due diligence, Siaci Saint Honoré for insurance, and McDermott Will & Emery for legal aspects. The senior lenders, LCL and BNP Paribas, provided senior debt financing for the transaction. This deal strengthens Argos Wityu's investment portfolio and allows Juratoys to continue its growth and international expansion.
JURATOYS, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.6x).
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Target
Juratoys is a French designer and distributor of educational toys and games for young children, leveraging a portfolio of proprietary brands including Janod, Kaloo, and Lilliputiens, supplemented by the exclusive distribution of third-party brands such as Ty plush toys. The company focuses on wooden, cardboard, and textured fabric toy segments, managing an active catalog of over 1,400 references characterized by a constant renewal of offerings, supported by an annual innovation flow of more than 350 new products. Its procurement commitments are based on a model of outsourced industrial manufacturing, historically concentrated in Asia, with a focus on sustainable sourcing and certification for wooden materials and plastic footprint reduction. With a staff of 170 employees, the company markets its ranges to specialized distribution networks, including toy stores, nursery chains, and independent boutiques, and has a direct sales infrastructure and dedicated commercial subsidiaries in key markets such as Germany, Italy, Spain, the United Kingdom, the United States, and China, allowing it to effectively cater to diverse customer needs and preferences, while continually expanding its global reach and product offerings, entering new markets and reinforcing its position in existing ones.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with JURATOYS
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2022 | MAPED | JURATOYS | FRANCE | Consumer Products |
REFERENCES
Revenue range: 50M - 100M EUR
EBITDA range: 0M - 5M 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: juratoys
Acquirer: argos wityu