At what enterprise value was COBRA IS (ACS ENERGY) acquired in 2021?

During the acquisition of COBRA IS (ACS ENERGY) by VINCI 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 3b - 100b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA.

What was the EV/EBITDA of COBRA IS (ACS ENERGY) when it was acquired by VINCI?

The estimated EV/EBITDA multiple for COBRA IS (ACS ENERGY) is in the range of 5x - 12x. Join our community for free to access full valuation data and industry trends.

When was COBRA IS (ACS ENERGY) acquired by VINCI?

COBRA IS (ACS ENERGY) was acquired by VINCI in 2021.

What was the revenue of COBRA IS (ACS ENERGY) at the time of the deal?

The revenue of COBRA IS (ACS ENERGY) at the time of the deal is estimated to be in the range of 5b - 100b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of COBRA IS (ACS ENERGY) during the acquisition?

COBRA IS (ACS ENERGY)'s EBITDA is estimated to be in the range of 450M - 900M 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 COBRA IS (ACS ENERGY) 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 COBRA IS (ACS ENERGY) 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.vinci.com/en/newsroom/press-releases/vinci-completes-acquisition-acss-energy-business-cobra

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Home DatabaseCOBRA IS (ACS ENERGY)

04/2021

COBRA IS (ACS ENERGY) acquired by VINCI

SPAIN Construction / Public Works EV 3b - 100b EUR

Context

VINCI has entered into an agreement to acquire the energy business of Spanish group ACS, consolidated under Cobra IS, as part of a strategic move to bolster its position in the energy and infrastructure sectors. The transaction encompasses virtually all of ACS Industrial Services' energy contracting activities, as well as a portfolio of concession projects in development or under construction, and a platform for developing renewable energy projects. The scope of the acquisition includes electrical network and energy infrastructure projects primarily located in Southern Europe and Latin America. This acquisition enables VINCI to expand its exposure to energy-related activities by combining engineering and construction capabilities with expertise in renewable project development. The deal is part of a broader strategy to increase the group's participation in energy infrastructure and energy transition projects. It also strengthens VINCI's presence in several geographic regions, particularly the Iberian Peninsula and Latin America, while integrating complementary activities into the group's existing energy and infrastructure businesses. The transaction was advised by Lazard (Financial), Athena Capital Partners (Financial), Darrois Villey Maillot Brochier Avocats (Legal), Weil Gotshal & Manges (Legal), and Cuatrecasas (Legal).

COBRA IS (ACS ENERGY), which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

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.

Target

ACS Energy, operating under the name Cobra IS, is the energy division of the Spanish conglomerate ACS. It encompasses a range of engineering, construction, and service activities in the energy sector, with a focus on delivering complex industrial projects and energy infrastructure. The company's primary business revolves around EPC (engineering, procurement, and construction) contracts, which cover turnkey projects in electrical infrastructure, transmission networks, industrial facilities, and energy equipment. The scope of activities also includes project development in renewable energies, particularly solar and wind power, as well as a platform dedicated to structuring long-term energy assets. Historically rooted in Spain and Portugal, the company has gradually expanded its international presence, notably in Latin America. This expansion is built on a track record of electrical network and energy infrastructure projects in several countries, with a focus on technically and operationally complex contracts.

Ent. Value

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2021

2020

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REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 5b - 100b EUR

EBITDA range: 450M - 900M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COBRA IS (ACS ENERGY) by VINCI 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: cobra is (acs energy)

Acquirer: vinci