At what enterprise value was FOODBOX acquired in 2022?

You can find the full valuation details of FOODBOX on mynth capital. 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of FOODBOX when it was acquired by BLUEGEM CAPITAL PARTNERS?

The exact EV/EBITDA multiple for FOODBOX is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was FOODBOX acquired by BLUEGEM CAPITAL PARTNERS?

FOODBOX was acquired by BLUEGEM CAPITAL PARTNERS in 2022.

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 FOODBOX 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 FOODBOX 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.nazca.es/en/noticias/nazca-agrees-to-sell-its-stake-in-foodbox-to-bluegem-capital-partners-laterals-majority-shareholder/

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Home Database Retail & ConsumerFOODBOX

06/2022

FOODBOX

Acquired by

BLUEGEM CAPITAL PARTNERS

SPAIN Hospitality & Leisure / Hospitality / Restaurants / Chains REV 1m EUR - 100m EUR

FOODBOX acquired by BLUEGEM CAPITAL PARTNERS

SPAIN Hospitality & Leisure / Hospitality / Restaurants / Chains REV 1m EUR - 100m EUR

Context

BlueGem Capital Partners successfully completed the strategic acquisition of a 100% stake in FoodBox from Nazca Capital and its founding partners in June 2022. This high-profile transaction marks a significant consolidation in the Spanish organized catering market, as BlueGem already holds a majority position in the premium restaurant group Lateral. FoodBox serves as a powerful multi-brand platform, managing a diverse portfolio that includes the bakery chain Santagloria, the Andalusian gastro-pub Taberna del Volapié, the Italian street-food brand Papizza, and the tapas specialist MásQMenos. At the time of the sale, the group operated approximately 190 locations, the vast majority of which were run by franchisees. The primary strategic rationale behind the deal is to merge FoodBox’s extensive franchising infrastructure with Lateral’s expertise in managing high-volume, company-owned flagship restaurants. BlueGem intends to pivot the FoodBox strategy by investing heavily in proprietary units to increase the group's overall dimension and profitability while continuing to support the existing franchise network.

FOODBOX, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.4x).

Note that 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

FoodBox S.A. is a leading multi-brand restaurant platform in Spain, specifically designed to consolidate the fragmented "organized catering" sector. Founded in 2015 by Nazca Capital and industry veterans Carlos Pérez Tenorio and Augusto Méndez de Lugo, the group functions as a professional management "hub" that acquires, develops, and scales disparate restaurant concepts. The group operates via a hybrid model, combining high-margin franchising (providing scale and royalties) with company-owned units (serving as innovation centers and flagship high-volume sites). Its technical expertise lies in its "centralized engine" which handles real estate selection, supply chain logistics, and marketing for all its brands under one roof.

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REFERENCES

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FOODBOX by BLUEGEM CAPITAL PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: bluegem capital partners