Antin Infrastructure Partners entered the capital of Babilou Family through a purchase of shares from existing shareholders, becoming the new reference shareholder without triggering a capital increase or a full exit by any of the current investors. The Carle brothers, Raise, and TA Associates all retained their stakes. The founding brothers continue to co-chair the board and manage the company. The transaction is structured as a leadership transfer at the shareholder level, with Antin taking the position of largest shareholder from the Carle family while the latter remains actively involved in the business.

BABILOU FAMILY, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the average currently observed in the Retail & Consumer sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.