FLIP has been 100% owned by STELLA since November 2018.

When was FLIP acquired by STELLA?

FLIP was acquired by STELLA in 2018.

What was the revenue of FLIP at the time of the deal?

The revenue of FLIP at the time of the deal is estimated to be in the range of 10M - 30M EUR.

How is the data for the FLIP 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 FLIP 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.stella.group/app/uploads/2022/06/fr_flip-fabricant-de-volets-roulants-rejoint-stellagroup_cp-integration-flip-stella-group.pdf

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11/2018

FLIP acquired by STELLA

FRANCE Construction / Finishing Works / External Joinery REV 10M - 30M EUR

Context

Stella Group acquired 100% of FLIP from its CEO and the investment firm Siparex. This acquisition was purely geographical, allowing StellaGroup to fill a gap in its national coverage by establishing a strong industrial base in Northern France. The deal brought the group's total headcount to 850 employees and pushed its pro-forma 2018 revenue above the EUR230M threshold.

FLIP, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of .

Target

FLIP is a specialized manufacturer of roller shutters, external venetian blinds (BSO), and roll-up doors. The company serves a professional B2B client base, including regional joinery firms, independent artisans, and distribution networks. Based in Northern France (Hauts-de-France), FLIP is recognized for its technical expertise and strong regional brand equity. At the time of the deal, the company operated a highly efficient Corporate site with 107 employees, focusing on high-quality customized solutions for the residential market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2018

2017

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01/2019	AF GRUPPEN	HMB HOLDING	SWEDEN	Masonry & Civil Eng.
11/2018	PAI PARTNERS	STELLA	FRANCE	External Joinery
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06/2015	ICG	STELLA	FRANCE	External Joinery
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REFERENCES

Revenue range: 10M - 30M EUR

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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.