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BOULANGERIES SOPHIE LEBREUILLY

Acquired by

FRENCH FOOD CAPITAL / CEREA PARTNERS / SOFIPROTEOL

FRANCE Hospitality & Leisure REV [1m EUR - 100m EUR] 01/2025

Target

BOULANGERIES SOPHIE LEBREUILLY

Acquirer

FRENCH FOOD CAPITAL / CEREA PARTNERS / SOFIPROTEOL

Context

FrenchFood Capital and Cerea Partners orchestrated a capital reorganization and equity strengthening of Boulangeries Sophie Lebreuilly. The two funds become the reference majority shareholders, working alongside the founders who remain operationally involved and invested. The deal brings in new minority backers (Sofiproteol, NextStage, etc.) to finance the continued rapid expansion of the network. The objective is to exceed 100 stores by the end of 2025 and deepen the company's ESG commitments (sourcing French wheat, rural employment).

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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 2014 by Sophie and Olivier Lebreuilly, this chain positions itself as a "next-generation" bakery player. Unlike traditional boulangeries, Sophie Lebreuilly stores are designed as "living spaces" (combining bakery, pastry, and tea room/lunch spots) located primarily in suburban or rural areas. The company operates two central pastry workshops. Under the first ownership cycle with FrenchFood Capital (2020-2024), the network grew from 16 to 80 stores, and revenue surged from EUR13.6m to EUR70m. The brand focuses heavily on local sourcing and ESG impact.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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Rev
EBITDA
EBIT
2025
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2024
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Other operations with BOULANGERIES SOPHIE LEBREUILLY

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.