At what enterprise value was BESIKTA BILPROVNING acquired in 2020?

During the acquisition of BESIKTA BILPROVNING by APPLUS+ GROUP in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M 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 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BESIKTA BILPROVNING when it was acquired by APPLUS+ GROUP?

The estimated EV/EBITDA multiple for BESIKTA BILPROVNING is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was BESIKTA BILPROVNING acquired by APPLUS+ GROUP?

BESIKTA BILPROVNING was acquired by APPLUS+ GROUP in 2020.

What was the revenue of BESIKTA BILPROVNING at the time of the deal?

The revenue of BESIKTA BILPROVNING at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BESIKTA BILPROVNING during the acquisition?

BESIKTA BILPROVNING's EBITDA is estimated to be in the range of 5M - 25M 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 BESIKTA BILPROVNING 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 BESIKTA BILPROVNING 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://historicalrecords.applus.com/en/dam/jcr:4232313c-16e4-4fec-b746-e4a02e5517fa/Applus+%20Acquisition%20of%20Besikta%2020%20Oct%202020.pdf

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Home Database Business ServicesBESIKTA BILPROVNING

11/2020

BESIKTA BILPROVNING acquired by APPLUS+ GROUP

SWEDEN Industrial Services / TIC (Testing, Inspection, Certification) EV 100M - 350M EUR

Context

The transaction is driven by the strategic objective of consolidating Applus+’s leadership position within the Nordic statutory vehicle inspection market. By acquiring a leading Swedish operator, the acquirer significantly expands its regional footprint, building upon its established operations in Denmark and Finland. The strategic rationale focuses on capturing the benefits of a fully liberalized market characterized by high levels of recurrent revenue and stable cash flows. The partnership allows for the exchange of best practices in consumer marketing and technical operations between the two organizations, enhancing overall service delivery. Furthermore, the acquisition provides the group with a robust platform to pursue targeted investments in high-growth locations and to leverage technical synergies across its automotive division. This integration is designed to reinforce the group’s global leadership in the automotive inspection sector while ensuring long-term visibility in a market with structural growth drivers and mandatory compliance requirements. The deal aligns with the broader industrial trend of international TIC leaders acquiring dominant local players to achieve regional scale and operational optimization.

BESIKTA BILPROVNING, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Business Services sector (11.1x).

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.

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Target

Besikta Bilprovning is a leading provider of statutory vehicle inspection services within the Swedish market. The organization specializes in mandatory safety and environmental inspections for a wide range of vehicles, ensuring compliance with national and European regulatory standards. Its business model is built on a high volume of recurring technical assessments, supported by a dense network of inspection stations that provide essential accessibility to consumers and commercial fleets. The entity’s strategy focuses on operational efficiency, customer service excellence, and the maintenance of high technical standards to ensure road safety and environmental protection. By operating in a fully liberalized regulatory environment, the firm leverages its technical expertise to provide reliable, independent verification services. The organization plays a critical role in the automotive value chain, acting as a neutral auditor of vehicle condition and emissions integrity.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BESIKTA BILPROVNING by APPLUS+ GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: besikta bilprovning

Acquirer: applus+ group