At what enterprise value was COVENTYA acquired in 2021?

During the acquisition of COVENTYA by ELEMENT SOLUTIONS 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 300M - 700M 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 10.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of COVENTYA when it was acquired by ELEMENT SOLUTIONS?

The estimated EV/EBITDA multiple for COVENTYA is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 10.8x. Join our community for free to access full valuation data and industry trends.

When was COVENTYA acquired by ELEMENT SOLUTIONS?

COVENTYA was acquired by ELEMENT SOLUTIONS in 2021.

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

The revenue of COVENTYA 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 COVENTYA during the acquisition?

COVENTYA's EBITDA is estimated to be in the range of 25M - 50M 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 COVENTYA 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 COVENTYA 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.privateequitywire.co.uk/silverfleet-capital-sells-coventya/

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Home Database Industry & ManufacturingCOVENTYA

09/2021

COVENTYA acquired by ELEMENT SOLUTIONS

FRANCE Chemicals & Materials / Specialty Chemicals EV 300M - 700M EUR

Context

The acquisition of Coventya by Element Solutions Inc represents a major turning point in the professionalization of the surface treatment sector, signaling a shift toward global industrialized chemical platforms. The strategic rationale for this transaction centers on a "portfolio-synergy" play, merging Coventya’s industry-leading technical operational depth in specialty plating with Element Solutions Inc's massive global scale and R&...D infrastructure. This structural alignment provides the combined organization with the scientific hardware required to address the increasing complexity of global supply chains, specifically the rising demand for lightweight aluminum treatments and sustainable hybrid-vehicle components.

Silverfleet had previously taken control of the company through an LBO in 2016.

COVENTYA, which reported an EBITDA margin of LOGIN in 2021, 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 (10.8x).

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

Coventya is a France company specialized in Surface Treatment Chemicals. The organization has established a global reputation as a primary enabler of the General Metal Finishing industry, focusing on the development of high-fidelity chemical solutions for decorative and functional plating. At the heart of their operations is a philosophy of technical operational depth, merging chemical synthesis with a deep understanding of surface physics across the automotive, luxury, and aerospace sectors. They differentiate themselves through a robust research and development ecosystem, particularly centered on lightweight plating solutions for aluminum and plating-on-plastics (POP).

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Other operations with COVENTYA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
03/2016	SILVERFLEET	COVENTYA	FRANCE	Chemicals & Materials	Conventya has been acquired by Silverfleet Capital, marking the end of a successful expansion cycle under Equistone Partners Europe. The strategic rationale for this transaction centers on a "global-scaling" play, merging Coventya’s industry-leading technical operational depth in specialty surface chemicals with the sponsor’s extensive expertise in executing high-velocity buy-to-build strategies. This structural alignment provides the organization with the scientific talent and logistical hardware required to address the increasing demand for specialized coatings in the United States and emerging markets.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COVENTYA by ELEMENT SOLUTIONS 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).