At what enterprise value was BUFFALO GRILL acquired in 2005?

During the acquisition of BUFFALO GRILL by COLONY CAPITAL in 2005, 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 300M - 700M 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 BUFFALO GRILL when it was acquired by COLONY CAPITAL?

The exact EV/EBITDA multiple for BUFFALO GRILL is available on mynth capital. 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 BUFFALO GRILL acquired by COLONY CAPITAL?

BUFFALO GRILL was acquired by COLONY CAPITAL in 2005.

What was the revenue of BUFFALO GRILL at the time of the deal?

The revenue of BUFFALO GRILL 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 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 BUFFALO GRILL 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 BUFFALO GRILL 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://capitalfinance.lesechos.fr/deals/lbo/colony-valorise-buffalo-grill-340-meuros-123283

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Home Database Retail & ConsumerBUFFALO GRILL

07/2005

BUFFALO GRILL acquired by COLONY CAPITAL

FRANCE Hospitality & Leisure / Hospitality / Restaurants / Chains EV 300M - 700M EUR

Context

Colony Capital, in partnership with its joint-venture fund Colyzeo, executed a leveraged buyout of the French steakhouse chain, Buffalo Grill. The transaction involved acquiring a controlling stake from the company's founder, Christian Picart, with the ultimate goal of delisting the company from the Eurolist C exchange and taking it private. This move concluded a lengthy sale process that had been active for approximately eighteen months, with Colony Capital's proposal prevailing over competing offers from other private equity firms such as Alpha, Advent, and Change Capital. The acquirers' rationale was driven by several key factors: the strength and appeal of the restaurant's brand concept, its significant, unrealized potential for international expansion, the substantial value of its underlying real estate assets, and the perceived solidity of its management team. The acquisition followed a period where Buffalo Grill had successfully overcome operational difficulties and demonstrated a strong business recovery. The new capital structure, supported by a significant long-term loan, was designed to provide the restaurant group with the necessary financial resources to restart its growth strategy, with a particular emphasis on expanding its presence outside of its core French market.

BUFFALO GRILL, which reported an EBITDA margin of LOGIN in 2004, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with 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

Buffalo Grill is the leading theme-based restaurant chain in France, distinguished by its iconic American steakhouse concept and extensive national coverage. The group manages a large portfolio of restaurants, combining directly operated sites and franchised locations, which ensures a resilient and scalable economic model. Following a comprehensive transformation plan initiated in recent years, the company has successfully modernized its brand image, menu offerings, and digital capabilities to attract a younger and broader customer base. This strategic evolution has reinforced its status as a market leader in the competitive casual dining industry. The company benefits from a sophisticated supply chain and robust management expertise in high-traffic site operations, positioning it as a natural consolidator within the sector.

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Other operations with BUFFALO GRILL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
09/2020	BUFFALO GRILL	COURTEPAILLE	France	Hospitality & Leisure	In September 2020, Buffalo Grill acquired its competitor Courtepaille out of receivership, a legal process initiated in July 2020. Courtepaille's financial distress, which pre-dated the pandemic, was severely exacerbated by the COVID-19 lockdown and the preceding french social crisis, culminating in its inability to secure a state-guaranteed loan
10/2017	TDR CAPITAL	BUFFALO GRILL	FRANCE	Hospitality & Leisure	UK-based private equity firm TDR Capital entered into exclusive negotiations to acquire Buffalo Grill in a tertiary leveraged buyout from a consortium of financial sponsors, including majority shareholder Abénex Capital, NiXEN Partners, and Céréa Partenaire

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BUFFALO GRILL by COLONY CAPITAL 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).

Target: buffalo grill