BESIKTA BILPROVNING
Acquired by
APPLUS+ GROUP
BESIKTA BILPROVNING acquired by APPLUS+ GROUP
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.
Ent. Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with BESIKTA BILPROVNING
REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 50M - 100M EUR
EBITDA range: 5M - 25M EUR
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Authors: 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