At what enterprise value was CONSTELLATION AUTOMOTIVE acquired in 2019?

During the acquisition of CONSTELLATION AUTOMOTIVE by TDR CAPITAL in 2019, 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 1b - 4b GBP. 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CONSTELLATION AUTOMOTIVE when it was acquired by TDR CAPITAL?

The estimated EV/EBITDA multiple for CONSTELLATION AUTOMOTIVE is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was CONSTELLATION AUTOMOTIVE acquired by TDR CAPITAL?

CONSTELLATION AUTOMOTIVE was acquired by TDR CAPITAL in 2019.

What was the revenue of CONSTELLATION AUTOMOTIVE at the time of the deal?

The revenue of CONSTELLATION AUTOMOTIVE at the time of the deal is estimated to be in the range of 2.5b - 5b GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of CONSTELLATION AUTOMOTIVE during the acquisition?

CONSTELLATION AUTOMOTIVE's EBITDA is estimated to be in the range of 100M - 200M GBP. 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 CONSTELLATION AUTOMOTIVE 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 CONSTELLATION AUTOMOTIVE 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.tdrcapital.com/portfolio/constellation-automotive-group/

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Home Database Industry & ManufacturingCONSTELLATION AUTOMOTIVE

11/2019

CONSTELLATION AUTOMOTIVE acquired by TDR CAPITAL

UNITED KINGDOM Automotive / Retail & Services / Dealerships EV 1b - 4b GBP

Context

The acquisition of BCA Marketplace by TDR Capital is a strategic move to expand the firm's presence in the European used car market. The deal is driven by the growing demand for online used car sales, and the need for a more efficient and digitalized marketplace. TDR Capital's investment in BCA Marketplace is expected to drive growth through increased digitalization, improved operational efficiency, and expanded customer reach. The acquisition is also expected to create new opportunities for bolt-on acquisitions and strategic partnerships, further enhancing the company's position in the market. The deal is subject to approval by regulatory authorities, and is expected to be completed in the fourth quarter of 2019. The acquisition is a key milestone in TDR Capital's strategy to build a leading European used car marketplace, and is expected to drive significant value creation for the firm's investors.

It is worth noting that the fund Haversham Holdings took control of Constellation Automotive through an LBO in 2015.

CONSTELLATION AUTOMOTIVE, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

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 Industry & Manufacturing market trends

Target

Constellation Automative (ex BCA Marketplace) is a leading car auctioneer in the United Kingdom, operating a digital used car marketplace that connects buyers and sellers across Europe. The company's business model is centered around providing a platform for the sale of used vehicles, with a focus on digital auctions and online remarketing. Constellation Automative generates revenue through a combination of auction fees, advertising, and data analytics services. The company's distribution channels include its online platform, as well as a network of physical auction sites. With a strong presence in the UK and a growing footprint in other European markets, Constellation Automative is well-positioned to capitalize on the increasing demand for online used car sales. The company's key assets include its digital platform, its network of auction sites, and its access to a large inventory of used vehicles.

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Other operations with CONSTELLATION AUTOMOTIVE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2021	CONSTELLATION AUTOMOTIVE	CARNEXT	UNITED KINGDOM	Media & Internet	The acquisition of CarNext by Constellation Automotive Group creates a leading European digital used car marketplace, selling more than 2.5 million cars annually for a Gross Merchandise Value of €21bn
03/2015	HAVERSHAM HOLDINGS	CONSTELLATION AUTOMOTIVE	UNITED KINGDOM	Automotive	The sale of BCA to Haversham Holdings marks a significant transaction in the European used vehicle market. Under CD&R ownership, BCA has undergone significant transformation, diversifying its business and investing in technology and digital platforms

REFERENCES

Valuation range: EV 1b - 4b GBP

Revenue range: 2.5b - 5b GBP

EBITDA range: 100M - 200M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CONSTELLATION AUTOMOTIVE by TDR 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: constellation automotive

Acquirer: tdr capital