At what enterprise value was DESTIA acquired in 2021?

During the acquisition of DESTIA by COLAS 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 100M - 350M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA.

What was the EV/EBITDA of DESTIA when it was acquired by COLAS?

The estimated EV/EBITDA multiple for DESTIA is in the range of 5x - 12x. Join our community for free to access full valuation data and industry trends.

When was DESTIA acquired by COLAS?

DESTIA was acquired by COLAS in 2021.

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

The revenue of DESTIA at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of DESTIA during the acquisition?

DESTIA'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 DESTIA 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 DESTIA 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.colas.com/fr/communiques-de-presse/colas-finalise-acquisition-de-destia-leader-des-infrastructures-routieres

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Home DatabaseDESTIA

12/2021

DESTIA acquired by COLAS

FINLAND Construction / Public Works EV 100M - 350M EUR

Context

Colas has successfully finalized the acquisition of 100% of the shares of the target entity from a Finnish family investment firm, following definitive regulatory approvals. This transaction marks a structural entry into the Northern European market, a region characterized by resilient public spending and high demand for specialized infrastructure maintenance. The strategic rationale centers on expanding the group's multidisciplinary footprint in areas with high barriers to entry due to environmental and technical complexity. By integrating the target’s established leadership in the road and rail segments, the organization reinforces its ability to deliver complex infrastructure projects in the Nordic geography. The partnership is designed to capitalize on technical synergies in the renewable energy and railway sectors, where the target maintains a robust competitive advantage. This integration allows for a broader commercial reach and the deployment of the group’s industrialized innovations in a stable, growth-oriented market. The transaction reinforces the organization’s standing as a primary partner for large-scale mobility and energy transformation projects across the continent.

DESTIA, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

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.

Target

Destia is a premier Finnish industrial organization dedicated to the design, construction, and maintenance of critical transport and energy infrastructure. The entity’s business model is centered on providing high-expertise services for national road networks, railway systems, and specialized energy infrastructure. Its value proposition lies in its ability to manage the entire lifecycle of infrastructure assets, from initial large-scale construction to long-term operational maintenance in demanding northern climates. Strategically, the firm focuses on the integration of sustainable practices within the civil engineering sector, particularly targeting high-growth areas such as renewable energy connectivity and digitalized transport networks. By leveraging a vertically integrated technical workforce, the organization facilitates the safe and efficient movement of people and resources across the Nordic region. The firm maintains a mission-critical role in national mobility through industrialized reliability and technical operational depth.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 450M - 900M 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 DESTIA by COLAS 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: destia

Acquirer: colas