At what enterprise value was BETER BED acquired in 2023?

During the acquisition of BETER BED by TORQX CAPITAL PARTNERS in 2023, 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BETER BED when it was acquired by TORQX CAPITAL PARTNERS?

The estimated EV/EBITDA multiple for BETER BED is in the range of 5x - 12x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was BETER BED acquired by TORQX CAPITAL PARTNERS?

BETER BED was acquired by TORQX CAPITAL PARTNERS in 2023.

What was the revenue of BETER BED at the time of the deal?

The revenue of BETER BED at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BETER BED during the acquisition?

BETER BED's EBITDA is estimated to be in the range of 10M - 30M 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 BETER BED 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 BETER BED 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://www.torqxcapital.com/torqx-capital-partners-acquires-majority-of-the-shares-of-beter-bed-holding/

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Home Database Retail & ConsumerBETER BED

12/2023

BETER BED acquired by TORQX CAPITAL PARTNERS

NETHERLANDS Retail / Specialized Retail / Home & DIY EV 100M - 350M EUR

Context

Torqx Capital Partners has successfully completed the acquisition of a majority share in Beter Bed Holding, effectively transitioning the company from a public listing to a private ownership structure. The deal was conducted in partnership with three major existing shareholders who have retained their stakes to support the new ownership constellation. The strategic rationale for the acquisition is to remove the company from the public markets to allow the management team to accelerate the execution of its "sleep specialist" growth strategy without the constraints of quarterly reporting. Under Torqx’s guidance, Beter Bed plans to significantly increase investments in its proprietary brands, digital transformation, and international wholesale expansion. This transition is intended to promote long-term value creation by focusing on product quality and customer advocacy in the competitive Benelux bedding market.

BETER BED, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

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

Beter Bed Holding is the leading omnichannel sleep specialist in the Benelux region, operating across retail, wholesale, and B2B channels. Headquartered in Uden, the company manages a diverse portfolio of brands including Beter Bed, Beddenreus, the subscription-based brand Leazzzy, and the digital entity LUNEXT. Its retail footprint consists of 130 stores complemented by a rapidly expanding e-commerce presence and an international wholesale division, DBC International, which markets well-known brands such as M line and Simmons. The company’s business model centers on expert sleep advice, utilizing proprietary technology like the 'Beter Slapen ID' to provide customized bedding solutions. With a robust logistics infrastructure including four distribution centers and a fleet of 80 vehicles, the group maintains a strong market position in the mid-to-premium segment. Its strategic value is reinforced by high brand awareness and long-standing partnerships as the official sleep supplier for major sports organizations such as AFC Ajax and TeamNL.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 150M - 250M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BETER BED by TORQX CAPITAL PARTNERS 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: beter bed

Acquirer: torqx capital partners