At what enterprise value was VERSACE acquired in 2014?

During the acquisition of VERSACE by BLACKSTONE in 2014, 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 1b - 4b 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 VERSACE when it was acquired by BLACKSTONE?

The estimated EV/EBITDA multiple for VERSACE is in the range of 10x - 18x. 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 VERSACE acquired by BLACKSTONE?

VERSACE was acquired by BLACKSTONE in 2014.

What was the revenue of VERSACE at the time of the deal?

The revenue of VERSACE at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of VERSACE during the acquisition?

VERSACE's EBITDA is estimated to be in the range of 50M - 100M 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 VERSACE 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 VERSACE 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.blackstone.com/news/press/versace-chooses-blackstone-to-accelerate-the-companys-growth/

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Home Database Retail & ConsumerVERSACE

02/2014

BLACKSTONE invests in VERSACE

ITALY Luxury Goods / Fashion & Leather Goods EV 1b - 4b EUR

Context

The investment by Blackstone in Versace represents a strategic partnership between the two companies, with the goal of driving growth and expansion in the global luxury market. The transaction involves Blackstone acquiring a 20% stake in Versace, with the option to increase its holding in the future. The investment is seen as a vote of confidence in Versace's management team and its strategy for growth, and is expected to provide the company with the necessary capital and resources to pursue its ambitions in the global market. The partnership with Blackstone is also seen as a key factor in Versace's plans to expand its presence in emerging markets, particularly in Asia, where the demand for luxury goods is growing rapidly. Through its investment, Blackstone will have a seat on Versace's board of directors, but will not have a controlling stake in the company. The transaction is seen as a key milestone in Versace's development, and is expected to have a positive impact on the company's future growth and profitability.

VERSACE, which reported an EBITDA margin of LOGIN in 2013, 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

Versace is a renowned Italian luxury fashion house founded in 1978 by Gianni Versace. The company is known for its high-end clothing, accessories, and home furnishings. Versace's business model is centered around its strong brand identity, which is synonymous with Italian style and sophistication. The company generates revenue through a combination of wholesale and retail channels, including its own boutiques, department stores, and online platforms. Versace's product offerings include ready-to-wear clothing, haute couture, leather goods, and home decor. The company has a significant presence in the global luxury market, with a strong focus on quality, craftsmanship, and attention to detail. In recent years, Versace has undergone a significant turnaround, returning to profitability in 2011 after a period of losses. The company's management team, led by Gian Giacomo Ferraris, has implemented a strategy focused on expanding the brand's global reach, improving operational efficiency, and investing in new product lines and marketing initiatives.

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VERSACE by BLACKSTONE 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: versace

Acquirer: blackstone