At what enterprise value was CHARLES & ALICE acquired in 2013?

During the acquisition of CHARLES & ALICE by EQUISTONE in 2013, 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 50M - 150M 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 AgriFood industry currently tracks an average EBITDA multiple of 10.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CHARLES & ALICE when it was acquired by EQUISTONE?

The estimated EV/EBITDA multiple for CHARLES & ALICE is in the range of 5x - 12x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.6x. Join our community for free to access full valuation data and industry trends.

When was CHARLES & ALICE acquired by EQUISTONE?

CHARLES & ALICE was acquired by EQUISTONE in 2013.

What was the revenue of CHARLES & ALICE at the time of the deal?

The revenue of CHARLES & ALICE 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 CHARLES & ALICE during the acquisition?

CHARLES & ALICE'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 CHARLES & ALICE 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 CHARLES & ALICE 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/equistone-croque-les-compotes-charles-alice-105404

← DATABASE

Home Database AgriFoodCHARLES & ALICE

09/2013

CHARLES & ALICE

Acquired by

EQUISTONE

FRANCE Food Processing / Food Products EV 50M - 150M EUR

CHARLES & ALICE acquired by EQUISTONE

FRANCE Food Processing / Food Products EV 50M - 150M EUR

Context

Equistone Partners Europe has acquired a majority stake in Charles & Alice from historical investor CM-CIC Capital Finance (which retained a minority stake). The transaction allowed the management team, led by Thierry Goubault, to significantly increase its equity participation from 15% to 26%. The deal was supported by a diversified financing package, including senior debt, mezzanine debt, and a dedicated CAPEX line to fund future industrial investments and international expansion. This LBO marks the next phase of growth for the fruit dessert specialist, aiming to transition from a French champion to a global player in the healthy snacking industry.

CHARLES & ALICE, which reported an EBITDA margin of LOGIN in 2012, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the AgriFood sector (10.6x).

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.

-> Deep-dive in AgriFood market trends

Target

A leading French manufacturer of fruit-based desserts and compotes, with a strong focus on "no added sugar" products and organic offerings. The group operates in both retail and out-of-home catering (RHF) and has expanded into plant-based desserts (coconut milk-based) and the US market.

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Other operations with CHARLES & ALICE

Date	Acquirer	Target	Country	Sector	Deal Context
04/2021	CREDIT MUTUEL EQUITY	CHARLES & ALICE	FRANCE	Food Processing	A leading French manufacturer of fruit-based desserts and compotes, with a strong focus on "no added sugar" products and organic offerings. The group operates in both retail and out-of-home catering (RHF) and has expanded into plant-based desserts (coconut milk-based) and the US market.

REFERENCES

Valuation range: EV 50M - 150M 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 CHARLES & ALICE by EQUISTONE are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: equistone