At what enterprise value was CAFPI acquired in 2021?

During the acquisition of CAFPI by BLACKFIN CAPITAL in 2021, 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 100M - 350M 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 13.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CAFPI when it was acquired by BLACKFIN CAPITAL?

The estimated EV/EBITDA multiple for CAFPI is in the range of 10x - 18x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.1x. Join our community for free to access full valuation data and industry trends.

When was CAFPI acquired by BLACKFIN CAPITAL?

CAFPI was acquired by BLACKFIN CAPITAL in 2021.

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

The revenue of CAFPI 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 CAFPI during the acquisition?

CAFPI's EBITDA is estimated to be in the range of 5M - 25M 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 CAFPI 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 CAFPI 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.cafpi.fr/groupe-cafpi/espace-presse/blackfin-acquisition-cafpi

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Home Database Financial ServicesCAFPI

05/2021

CAFPI acquired by BLACKFIN CAPITAL

FRANCE Brokerage EV 100M - 350M EUR

Context

BlackFin Capital Partners entered into exclusive negotiations to acquire a majority stake in Cafpi. The transaction allows for a family reorganization: the founder fully exits, while his brother reinvests alongside the management team. BlackFin secured the deal via a preemptive offer, beating out competitors like Cerberus and Santiane (backed by Latour Capital) in a process managed by Cambon Partners. The acquisition is financed by a unitranche debt representing approx. 4.0x EBITDA. The strategic roadmap focuses heavily on digitalization (currently only 7% of business comes from the web) and product diversification (savings, home insurance).

CAFPI, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Financial Services sector (13.1x).

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 1971, Cafpi is the pioneer and leader of mortgage brokerage in France. Unlike its digital competitors, it relies on a dense physical network of 240 agencies and 1,500 employees/mandatories. The group generates 85% of its revenue from mortgage brokerage, with the remainder from loan repurchasing and borrower insurance. It has a nascent international presence in Portugal and Morocco.

Ent. Value

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2021

2020

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07/2020	SILVER LAKE	GROUPE FINIZY (MEILLEURTAUX)	FRANCE	Brokerage	Silver Lake acquired a majority stake (~70%) in Groupe Finizy (Meilleurtaux) from Goldman Sachs Private Equity. The transaction was executed outside of a formal auction process, pre-empting a sale that was initially planned for March 2020 but halted due to the COVID-19 lockdown
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04/2019	21 INVEST	FMA GROUP (FMA ASSURANCES)	FRANCE	Brokerage	21 Invest France acquired a majority stake in FMA Assurances, partnering with founder and President Ludovic Dumont who retains an equity position and continues to lead the business. The transaction was supported by EY's M&A department (Jean-Louis Duverney-Guichard) on the seller side
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02/2018	ARDIAN	INDEXIA / GROUPE SFAM	FRANCE	Brokerage	Ardian took a minority stake in SFAM to accelerate its international expansion and product diversification. The transaction involved a bond issuance subscribed by ICG. Winch Capital 3 (Edmond de Rothschild Investment Partners), a shareholder since 2016, sold part of its stake but remains an investor

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

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

Press release: view release

Target: cafpi

Acquirer: blackfin capital