At what enterprise value was FINSBURY FOOD GROUP acquired in 2023?

During the acquisition of FINSBURY FOOD GROUP by DBAY ADVISORS in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the AgriFood industry currently tracks an average EBITDA multiple of 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of FINSBURY FOOD GROUP when it was acquired by DBAY ADVISORS?

The estimated EV/EBITDA multiple for FINSBURY FOOD GROUP is in the range of 5x - 12x. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was FINSBURY FOOD GROUP acquired by DBAY ADVISORS?

FINSBURY FOOD GROUP was acquired by DBAY ADVISORS in 2023.

What was the revenue of FINSBURY FOOD GROUP at the time of the deal?

The revenue of FINSBURY FOOD GROUP at the time of the deal is estimated to be in the range of 250M - 500M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of FINSBURY FOOD GROUP during the acquisition?

FINSBURY FOOD GROUP's EBITDA is estimated to be in the range of 25M - 50M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the FINSBURY FOOD GROUP 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 FINSBURY FOOD GROUP 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://www.investec.com/advisory/fr/deals/acquisition-de-finsbury-food-group-plc-par-dbay-advisors/

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Home Database AgriFoodFINSBURY FOOD GROUP

11/2023

FINSBURY FOOD GROUP acquired by DBAY ADVISORS

UNITED KINGDOM Food Processing / Food Products EV 100M - 350M GBP

Context

DBAY Advisors acquired the entire issued share capital of Finsbury Food Group via a court-sanctioned scheme of arrangement. The offer price of 110 pence per share valued the company's equity at approximately �143.4 million. This price represented a 23.6% premium to the closing share price prior to the announcement. The deal was driven by the belief that Finsbury could better pursue "transformational M&A" and international expansion as a private company, free from the costs and constraints of a public listing on AIM.

FINSBURY FOOD GROUP, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Headquartered in Cardiff, Finsbury Food Group is a leading UK manufacturer of bakery products for the retail and foodservice channels. The group produces cakes, bread, and morning goods under licensed brands (Thorntons, Mary Berry, Disney, Vogel s) and proprietary brands (Kara, Memory Lane). At the time of the deal, it operated 8 manufacturing sites across the UK and Europe (France/Poland).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2023

2022

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11/2023	COCA-COLA HBC	FINLANDIA VODKA	FINLAND	Wines & Spirits
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07/2023	MARS	KEVIN'S NATURAL FOODS	UNITED STATES	Food Products
07/2023	ROYAL UNIBREW	VRUMONA	NETHERLANDS	Soft Drinks
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REFERENCES

Valuation range: EV 100M - 350M GBP

Revenue range: 250M - 500M GBP

EBITDA range: 25M - 50M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FINSBURY FOOD GROUP by DBAY ADVISORS 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.

Target: finsbury food group

Acquirer: dbay advisors