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11/2024

COFELY ALS acquired by BCR-I HOLDING

FRANCE Transport & Logistics / Logistics REV 10M - 30M EUR

Context

Engie continues its divestment strategy by selling Cofely ALS to BCR-i Holding. For BCR-i, this is a strategic external growth operation following the acquisition of ESEIS. It integrates a recognized specialist in airport systems maintenance (180 employees) into its portfolio, strengthening its position as a multi-specialist Facility Management player in critical environments.

COFELY ALS, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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

A subsidiary of the energy giant Engie, specializing in airport logistics and on-site services. Its activities include baggage handling, runway equipment management, and shuttle services, primarily operating at major French airports like Charles de Gaulle and Orly.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
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2023
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2022
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REFERENCES

Revenue range: 10M - 30M EUR

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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).

Acquirer: bcr-i holding