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M&A

FINDEL

Acquired by

MANUTAN

UNITED KINGDOM Education REV [100m GBP - 500m GBP] 03/2024

Target

FINDEL

Acquirer

MANUTAN

Context

Manutan acquired 100% of Findel from private equity firm Endless and the management team. This operation marks a successful exit for Endless, which had acquired Findel in 2021 for �30 million. The deal provides Findel with a long-term industrial home, leveraging Manutan's logistical power and European footprint to drive further growth. All 300 employees were retained.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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

Headquartered in Greater Manchester, Findel is the UK s market leader in the supply of educational resources to schools and nurseries. The company operates a portfolio of well-known brands including Hope, GLS, Davies Sports, and Philip Harris (science equipment). Findel provides over 32,000 products ranging from art supplies to complex science kits.

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)

Year
Rev
EBITDA
EBIT
2023
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2022
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Other operations with FINDEL

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.