At what enterprise value was BIKELEASING (BLS BETEILIGUNGS) acquired in 2026?

During the acquisition of BIKELEASING (BLS BETEILIGUNGS) by DECATHLON PULSE in 2026, 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 500M - 1.5b 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 Financial Services industry currently tracks an average EBITDA multiple of 14.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BIKELEASING (BLS BETEILIGUNGS) when it was acquired by DECATHLON PULSE?

The estimated EV/EBITDA multiple for BIKELEASING (BLS BETEILIGUNGS) is in the range of 10x - 18x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 14.0x. Join our community for free to access full valuation data and industry trends.

What was the revenue of BIKELEASING (BLS BETEILIGUNGS) at the time of the deal?

The revenue of BIKELEASING (BLS BETEILIGUNGS) at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BIKELEASING (BLS BETEILIGUNGS) during the acquisition?

BIKELEASING (BLS BETEILIGUNGS)'s EBITDA is estimated to be in the range of 25M - 50M 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 BIKELEASING (BLS BETEILIGUNGS) 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 BIKELEASING (BLS BETEILIGUNGS) 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.brockhaus-technologies.com/en/brockhaus-technologies-ag-sale-of-the-stake-in-the-bikeleasing-group/

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Home Database Financial ServicesBIKELEASING (BLS BETEILIGUNGS)

01/2026

BIKELEASING (BLS BETEILIGUNGS)

Acquired by

DECATHLON PULSE

GERMANY Specialty Finance / Asset Leasing & Financing EV 500M - 1.5b EUR

BIKELEASING (BLS BETEILIGUNGS) acquired by DECATHLON PULSE

GERMANY Specialty Finance / Asset Leasing & Financing EV 500M - 1.5b EUR

Context

Brockhaus Technologies AG has entered into a definitive agreement to sell its approximately 52% majority stake in Bikeleasing to Decathlon Pulse SAS. The strategic rationale for Decathlon is to accelerate its transition into the high-growth corporate mobility sector and secure a market-leading digital platform in Germany. For Brockhaus Technologies, the sale represents a successful exit from one of its core "innovation champions," generating approximately €240 million in gross proceeds (based on Q3 2025 estimates). The deal is structured using a "closing accounts" concept, adjusting for net debt and working capital at the time of completion. The transaction remains subject to regulatory approvals and is expected to close in the first half of 2026.

BIKELEASING (BLS BETEILIGUNGS), which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the average currently observed in the Financial Services sector (14.0x).

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

Founded in 2015, Bikeleasing is a leading German B2B service platform specializing in company bike leasing solutions. Its business model connects employers, employees, and bicycle dealers through a digital ecosystem that facilitates tax-optimized leasing contracts (salary sacrifice). The company’s value proposition centers on promoting sustainable corporate mobility while reducing costs for employees and administrative burdens for HR departments. Strategically, Bikeleasing operates as a high-margin technology champion within the German "Mittelstand," leveraging a vast network of partner dealers to provide a comprehensive range of bicycles and e-bikes. By digitalizing the entire leasing lifecycle—from automated insurance to maintenance management—the firm has established a dominant position in the green mobility services market.

Ent. Value

Equity Value

Multiples Analysis

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Other operations with BIKELEASING (BLS BETEILIGUNGS)

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: Detailed and exact financial metrics (Enterprise Value, Revenue, EBITDA, and precise Multiples) are reserved for Mynth community members. Register for free to unlock full data.

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

Target: bikeleasing (bls beteiligungs)

Acquirer: decathlon pulse