ELEC 44
Acquired by
SPARRING CAPITAL
ELEC 44 acquired by SPARRING CAPITAL
Target
ELEC 44
Acquirer
SPARRING CAPITAL
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 LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (12.8x).
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
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
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with ELEC 44
REFERENCES
Authors: 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
Acquirer: sparring capital