When was ELEC 44 acquired by SPARRING CAPITAL?

ELEC 44 was acquired by SPARRING CAPITAL in 2025.

What was the revenue of ELEC 44 at the time of the deal?

The revenue of ELEC 44 at the time of the deal is estimated to be in the range of 10M - 30M EUR.

How is the data for the ELEC 44 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 ELEC 44 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://sparringcapital.com/sparring-capital-prend-une-participation-majoritaire-dans-elec44/

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Home Database TMT (Tech, Media, Telecom)ELEC 44

12/2025

ELEC 44 acquired by SPARRING CAPITAL

FRANCE Media & Internet / E-commerce & Marketplaces / Specialized E-commerce REV 10M - 30M EUR

Context

Sparring Capital acquired a majority stake in Elec 44 to facilitate a management transition as the founders sought to step back from operations. The transaction involves the recruitment of a new CEO to lead the next growth phase. Sparring invested a ticket between €10 million and €15 million (mix of equity and bonds). The founders reinvested alongside the fund. A senior debt package completes the financing with a leverage of approximately 3x EBITDA.

ELEC 44, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Elec 44 is a digital "pure player" specializing in the online distribution of electrical equipment. Its catalog features over 6,000 SKUs, ranging from switches and circuit breakers to heating, ventilation (VMC), and renewable energy solutions (photovoltaic, EV charging stations). Originally focused on the B2C market, the company has successfully expanded into the B2B segment, with professional electricians now accounting for nearly 50% of its business. The company operates with a team of 35 employees and is currently doubling its logistics capacity through a site extension to support its high-growth trajectory.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Media & Internet

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	SIPAREX	123 ELEC	FRANCE	Specialized E-commerce
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12/2025	BENDING SPOONS	EVENTBRITE	UNITED STATES	E-commerce & Marketplaces
11/2025	STINGRAY GROUP	TUNEIN	UNITED STATES	Digital Marketing, SEO, SEA, Data Analytics
09/2025	OLX GROUP	LA CENTRALE	FRANCE	E-commerce & Marketplaces
07/2025	EQT PARTNERS	ADEVINTA SPAIN	SPAIN	E-commerce & Marketplaces
07/2025	GENERAL ATLANTIC	PLANETART	FRANCE	Specialized E-commerce
02/2025	ANDERA PARTNERS	GROUPE CDS	FRANCE	E-commerce & Marketplaces
11/2024	INFLEXION	FINANZEN.NET	GERMANY	Content & Publishing

REFERENCES

Revenue 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 ELEC 44 by SPARRING CAPITAL 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.

Press release: view release

Acquirer: sparring capital