Context
Siparex Entrepreneurs, supported by Bpifrance, acquired a majority stake in Brifer as part of a primary Management Buy-Out (MBO). The transaction allows the founding family to step back from majority control while retaining a minority stake to ensure a smooth transition. The current CEO, who took the helm in 2020, significantly increased his equity stake alongside key operational managers (site supervisors). The deal is leveraged with a senior debt package provided by CIC and Societe Generale. The new ownership structure is designed to finance organic growth (recruitment of expertise) and pursue external growth opportunities (build-ups), without putting excessive pressure on the company's cash flow.
BRIFER (LA FERROVIAIRE DE LA BRIE), which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of .
Target
Founded in 1988, Brifer (La Ferroviaire de la Brie) is a specialized French SME dedicated to the construction, maintenance, and renewal of railway infrastructure. The company specifically targets "Private Sidings" (ITE - Installations Terminales Embranchees), which are the private tracks connecting Corporate sites, logistics hubs, and ports to the national railway network. Beyond track work, Brifer also handles civil engineering related to rail environments, such as level crossings and platform layouts.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
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REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 10M - 30M EUR
EBITDA range: 0M - 5M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BRIFER (LA FERROVIAIRE DE LA BRIE) by SIPAREX / BPIFRANCE are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.