FINANCIÈRE COFIDIM (FEU VERT) acquired by BASSAC
Context
The transaction involves the 100% acquisition of Feu Vert, through its holding company Financière Ramsès, by the listed family holding Bassac from the private equity firm Alpha Private Equity. This deal marks the exit of Alpha Private Equity after a ten-year holding period, during which the investor streamlined the company's perimeter by divesting non-core assets such as Mondial Pare-Brise and Impex. For Bassac, this acquisition represents a significant strategic pivot toward diversification outside of its core real estate development business. The rationale behind the deal lies in acquiring a mature, cash-generative asset with a strong market position (the second-largest maintenance network in France) to balance the cyclical nature of the property market. The transaction was conducted through a restricted process led by Alantra, targeting family offices and industrial players following a previously unsuccessful sale attempt in 2022. The deal was finalized in early 2026 after receiving the necessary regulatory clearances and following a significant debt refinancing of the company in 2024 to strengthen its financial structure.
It is worth noting that the fund Alpha Private Equity took control of FinancièRe Cofidim through an LBO in 2016.
FINANCIÈRE COFIDIM (FEU VERT), which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Industry & Manufacturing sector (11.5x).
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Target
Financière Cofidim is a leading European holding entity operating in the automotive maintenance, glass repair, and accessory distribution markets. The organization operates through three distinct and highly recognized business units: Feu Vert, Mondial Pare-Brise, and Impex. The primary business model centers on providing a comprehensive network of automotive service centers that combine workshop maintenance with a retail offering for automotive parts and accessories. Through its Feu Vert brand, the entity manages an extensive network of multi-brand car centers across Europe, delivering routine servicing and technical interventions. The Mondial Pare-Brise division specializes in the specialized niche of automotive glazing repair and replacement, catering to both individual and insurance-led demand. Complementing these service-oriented operations, the Impex division focuses on the design and wholesale distribution of automotive equipment and consumables to major retailers. The group maintains a robust multi-channel strategy, integrating physical service points with digital commerce platforms to capture a diverse customer base of private vehicle owners across France, Iberia, and Central Europe.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with FINANCIÈRE COFIDIM (FEU VERT)
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2016 | ALPHA PRIVATE EQUITY | FINANCIÈRE COFIDIM (FEU VERT) | FRANCE | Aftermarket & Repair |
REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 450M - 900M EUR
EBITDA range: 50M - 100M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FINANCIÈRE COFIDIM (FEU VERT) by BASSAC are reserved for mynth community members. Register for free to unlock full data.
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Acquirer: bassac