DELTA SERVICE LOCATION acquired by SOCIETE GENERALE CAPITAL PARTENAIRES
Context
A group of financial investors led by SGCP and Geneo Capital took a majority stake in DSL to support its "buy-and-build" strategy and national expansion. The deal, valued at approx. EUR70M, highlights the premium attached to specialized rental players with high technical expertise compared to generalist rental companies.
DELTA SERVICE LOCATION, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).
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Target
A specialized player in the rental of temporary energy solutions (generators, electrical distribution) and fluid management (pumping, piping). DSL serves demanding sectors such as construction, industry, and major events.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2021 | CLAYTON, DUBILIER & RICE (CD&R) | WOLSELEY UK | UNITED KINGDOM | Industrial & Technical Distribution |
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| 01/2021 | KILOUTOU | SALMAT | FRANCE | Equipment Rental |
| 12/2020 | UTAC CERAM | MILLBROOK | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
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| 12/2020 | APPLUS+ GROUP | QPS EVALUATION SERVICES | CANADA | TIC (Testing, Inspection, Certification) |
| 11/2020 | APPLUS+ GROUP | BESIKTA BILPROVNING | SWEDEN | TIC (Testing, Inspection, Certification) |
| 11/2020 | OUEST CROISSANCE | VAC - HARDOUIN-LOC | FRANCE | Equipment Rental |
| 09/2020 | APPLUS+ GROUP | RELIABLE ANALYSIS | CHINA | TIC (Testing, Inspection, Certification) |
| 09/2020 | EURAZEO / FCDE (FONDS DE CONSOLIDATION ET DE DEVELOPPEMENT DES ENTREPRISES) | UTAC CERAM | FRANCE | TIC (Testing, Inspection, Certification) |
REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 25M - 50M EUR
EBITDA range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: societe generale capital partenaires