ENTERPRISE PLC acquired by FERROVIAL
Context
Ferrovial acquired 100% of Enterprise Plc from 3i Group. This acquisition allows Ferrovial to integrate Enterprise into Amey, creating a combined entity with a turnover of �2.3 billion and 21,000 employees. The integration targets �40 million in cost and revenue synergies.
ENTERPRISE PLC, which reported an EBITDA margin of in 2016, is valued in this transaction at an EV/EBITDA multiple of .
Target
Headquartered in Lancashire, Enterprise Plc is one of the UK's leading providers of maintenance and support services to the public and utility sectors. The company creates the "invisible infrastructure" that keeps cities running: maintaining water, gas, and electricity networks for utility companies, as well as providing waste collection, street cleaning ("Street Scene"), and social housing maintenance for local councils.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (GBP)
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REFERENCES
Valuation range: EV 300M - 700M GBP
EBITDA range: 50M - 100M GBP
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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.
Press release: view release
Acquirer: ferrovial