DOMIDEP acquired by I SQUARED CAPITAL, UI INVESTISSEMENT & BNP PARIBAS DEVELOPPEMENT
Context
I-Squared Capital entered into a binding agreement to acquire a majority stake in Domidep from its founder and a consortium of minority financial investors (UI Gestion, BNP Paribas Developpement, Bpifrance, and Carvest). This acquisition serves as a cornerstone for the acquirer's European healthcare strategy, with a focus on institutionalizing the group's operations and funding further international expansion into markets such as Germany and Belgium. The deal was supported by a significant senior secured term loan of over EUR400 million, along with equity injections from the new sponsor.
DOMIDEP, which reported an EBITDA margin of [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a level close to the average currently observed in the Healthcare & Pharma sector (14.3x).
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Target
Founded in 1989, Domidep is the fifth-largest private operator of elderly care homes in France. Headquartered in L'Isle-d'Abeau, the group manages a network of approximately 100 specialized facilities, providing residential care, medical assistance, and dependency services to nearly 7,000 residents. The company stands out as a "pure player" in the French long-term care market, emphasizing local culture by allowing each residence to maintain its own unique name rather than a corporate brand.
Ent. Value
€1–10bn
Equity Value
[members only]
Multiples
EV / Revenue
2x–6x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with I SQUARED CAPITAL / UI INVESTISSEMENT / BNP PARIBAS DEVELOPPEMENT
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2023 | I SQUARED CAPITAL | ARRIVA | UNITED KINGDOM | Bus & Coach |
REFERENCES
Valuation range: EV €1–10bn
Revenue range: €250–500M
EBITDA range: €50–100M
EV/Revenue range: 2x - 6x
EV/EBITDA range: 10x - 18x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DOMIDEP by I SQUARED CAPITAL / UI INVESTISSEMENT / BNP PARIBAS DEVELOPPEMENT are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: i squared capital / ui investissement / bnp paribas developpement