At what enterprise value was COURTEPAILLE acquired in 2013?

During the acquisition of COURTEPAILLE by CREDIT MUTUEL EQUITY 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 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of COURTEPAILLE when it was acquired by CREDIT MUTUEL EQUITY?

The estimated EV/EBITDA multiple for COURTEPAILLE is in the range of 5x - 12x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was COURTEPAILLE acquired by CREDIT MUTUEL EQUITY?

COURTEPAILLE was acquired by CREDIT MUTUEL EQUITY in 2013.

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

The revenue of COURTEPAILLE at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of COURTEPAILLE during the acquisition?

COURTEPAILLE's EBITDA is estimated to be in the range of 10M - 30M 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 COURTEPAILLE 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 COURTEPAILLE 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.decideurs-magazine.com/digital-marketing/24700-salvepar-cede-ses-participations-dans-le-groupe-courtepaille-a-cm-cic.html

← DATABASE

Home Database Retail & ConsumerCOURTEPAILLE

06/2013

COURTEPAILLE

Acquired by

CREDIT MUTUEL EQUITY

France Hospitality & Leisure / Hospitality / Restaurants / Chains EV 100M - 350M EUR

COURTEPAILLE acquired by CREDIT MUTUEL EQUITY

France Hospitality & Leisure / Hospitality / Restaurants / Chains EV 100M - 350M EUR

Context

CM-CIC Capital Finance acquired a minority stake in the restaurant chain Courtepaille from Salvepar, an investment holding company. This transaction represents a complete exit for Salvepar, which had been part of the shareholder structure since a leveraged buyout approximately two years prior. Salvepar's decision to divest its holding was driven by a strategic portfolio review aimed at exiting assets considered less profitable or too narrowly focused on the domestic French market. The deal allows Courtepaille's majority owner, the private equity firm Fondations Capital, to continue its stewardship of the company while introducing a new financial partner to the capital structure. The transaction occurred during a challenging period for the French restaurant industry, which was experiencing a general decline in customer traffic. Despite these market headwinds, Courtepaille's management, with the backing of its primary sponsor, was actively working to increase its market share and pursue growth. This included a strategy of network expansion through the planned opening of new restaurant locations. The change in minority ownership provides a reconfigured investor base to support the company's ongoing operational and strategic initiatives.

COURTEPAILLE, 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 Retail & Consumer sector (11.4x).

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 Retail & Consumer market trends

Target

Courtepaille is a French restaurant chain with a history dating back to its founding in 1961. The company specializes in grilled meat and operates within the casual dining segment, primarily targeting families. Its brand identity is strongly associated with a traditional, rustic aesthetic, often featuring a distinctive circular building with a thatched roof, which has become a familiar sight for travelers along France's major roadways. The business model is a mix of company-owned and franchised restaurants. The menu is centered around various cuts of beef, sausages, and other grilled items, typically prepared over a wood fire in an open kitchen, which is a signature element of the customer experience. This concept is designed to offer a consistent and accessible dining option. Over the decades, Courtepaille established itself as a well-known name in the French hospitality landscape, synonymous with roadside dining and a consistent, unpretentious food offering.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2012

2011

Other operations with COURTEPAILLE

Date	Acquirer	Target	Country	Sector	Deal Context
09/2020	BUFFALO GRILL	COURTEPAILLE	France	Hospitality & Leisure	Courtepaille is a French restaurant chain with a history dating back to its founding in 1961. The company specializes in grilled meat and operates within the casual dining segment, primarily targeting families. Its brand identity is strongly associated with a traditional, rustic aesthetic, often featuring a distinctive circular building with a thatched roof, which has become a familiar sight for travelers along France's major roadways. The business model is a mix of company-owned and franchised restaurants. The menu is centered around various cuts of beef, sausages, and other grilled items, typically prepared over a wood fire in an open kitchen, which is a signature element of the customer experience. This concept is designed to offer a consistent and accessible dining option. Over the decades, Courtepaille established itself as a well-known name in the French hospitality landscape, synonymous with roadside dining and a consistent, unpretentious food offering.
09/2015	ICG	COURTEPAILLE	France	Hospitality & Leisure	Courtepaille is a French restaurant chain with a history dating back to its founding in 1961. The company specializes in grilled meat and operates within the casual dining segment, primarily targeting families. Its brand identity is strongly associated with a traditional, rustic aesthetic, often featuring a distinctive circular building with a thatched roof, which has become a familiar sight for travelers along France's major roadways. The business model is a mix of company-owned and franchised restaurants. The menu is centered around various cuts of beef, sausages, and other grilled items, typically prepared over a wood fire in an open kitchen, which is a signature element of the customer experience. This concept is designed to offer a consistent and accessible dining option. Over the decades, Courtepaille established itself as a well-known name in the French hospitality landscape, synonymous with roadside dining and a consistent, unpretentious food offering.
12/2010	FONDATIONS CAPITAL	COURTEPAILLE	France	Hospitality & Leisure	Courtepaille is a French restaurant chain with a history dating back to its founding in 1961. The company specializes in grilled meat and operates within the casual dining segment, primarily targeting families. Its brand identity is strongly associated with a traditional, rustic aesthetic, often featuring a distinctive circular building with a thatched roof, which has become a familiar sight for travelers along France's major roadways. The business model is a mix of company-owned and franchised restaurants. The menu is centered around various cuts of beef, sausages, and other grilled items, typically prepared over a wood fire in an open kitchen, which is a signature element of the customer experience. This concept is designed to offer a consistent and accessible dining option. Over the decades, Courtepaille established itself as a well-known name in the French hospitality landscape, synonymous with roadside dining and a consistent, unpretentious food offering.

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 150M - 250M EUR

EBITDA range: 10M - 30M EUR

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

Target: courtepaille

Acquirer: credit mutuel equity