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09/2015

AUTODISTRIBUTION / PARTS HOLDING EUROPE acquired by BAIN CAPITAL

FRANCE Automotive / Retail & Services EV 500M - 1.5b EUR

Context

This transaction represents a major secondary leveraged buyout, marking the successful exit of the incumbent private equity consortium that had steered the company through a significant turnaround phase, more than tripling profits during its tenure. The incoming global financial sponsor acquires a controlling majority stake, injecting fresh momentum into the enterprise. To optimize its capital structure prior to the sale, the target had successfully utilized high-yield bond markets to refinance historical debt and distribute dividends. The new partnership aims to build upon this solid financial foundation, focusing heavily on continuous supply chain automation and aggressive external acquisitions to widen the overall product offering and expand its international footprint.

It is worth noting that the fund Investcorp took control of Autodistribution / Parts Holding Europe through an LBO in 2006.

AUTODISTRIBUTION / PARTS HOLDING EUROPE, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Autodistribution is the leading French distributor of automotive and truck spare parts. The group operates a vast network of distributors and affiliated independent garages (AD Network).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
2014

Other operations with AUTODISTRIBUTION / PARTS HOLDING EUROPE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2022D’IETERENAUTODISTRIBUTION / PARTS HOLDING EUROPEFRANCERetail & Services
01/2006INVESTCORPAUTODISTRIBUTION / PARTS HOLDING EUROPEFRANCERetail & Services

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AUTODISTRIBUTION / PARTS HOLDING EUROPE by BAIN CAPITAL 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.

Press release: view release

Acquirer: bain capital