At what enterprise value was FPS Distribution acquired in 2016?

During the acquisition of FPS Distribution by Alliance Automotive Group in 2016, 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of FPS Distribution when it was acquired by Alliance Automotive Group?

The estimated EV/EBITDA multiple for FPS Distribution is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.6x. Join our community for free to access full valuation data and industry trends.

What was the revenue of FPS Distribution at the time of the deal?

The revenue of FPS Distribution at the time of the deal is estimated to be in the range of 100M - 200M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of FPS Distribution during the acquisition?

FPS Distribution's EBITDA is estimated to be in the range of 5M - 25M 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 FPS Distribution 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 FPS Distribution 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.auto-infos.fr/article/alliance-automotive-boucle-une-acquisition-de-taille-au-royaume-uni.140804

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10/2016

FPS Distribution acquired by Alliance Automotive Group

UNITED KINGDOM Automotive / Retail & Services / Aftermarket & Repair EV 100M - 350M GBP

Context

Alliance Automotive Group has announced the completion of the acquisition of FPS Distribution, a leading independent UK distributor of automotive parts and accessories. The transaction strengthens Alliance Automotive’s ongoing consolidation strategy within the European automotive aftermarket and represents another step in expanding its position in the UK market. The acquisition provides Alliance Automotive with an enhanced presence in the UK through a complementary distribution network and FPS Distribution’s established expertise in supplying independent repair workshops. The combination is based on the strategic fit between both organisations, enabling a broader product offering, improved logistics capabilities and enhanced services for automotive professionals. For Alliance Automotive Group, the transaction supports its ambition to build an integrated European aftermarket platform capable of meeting the evolving needs of independent garages and service providers. The group expects to leverage synergies across procurement, inventory management, logistics and digital capabilities. The integration process is expected to focus on harmonising operational procedures, optimising distribution flows and improving stock visibility through shared technology solutions. These initiatives should also strengthen commercial efficiency and create additional cross-selling opportunities across the combined customer base. Through this acquisition, Alliance Automotive Group further reinforces its position as a leading independent automotive parts distributor in the UK and Europe. The combination is expected to deliver a more comprehensive product offering, improved service levels for workshop partners and continued long-term growth opportunities in the evolving automotive aftermarket sector.

The acquisition of Fps Distribution is part of the growth strategy of Alliance Automotive Group, which already has several external growth operations under its belt, notably GenèVe Occasion in 2016.

FPS Distribution, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

FPS Distribution is a specialised distributor of automotive parts and components serving the European automotive aftermarket through an integrated logistics and distribution platform. The company supplies a broad range of replacement parts and accessories to automotive repair professionals, distribution networks, industrial suppliers and other participants across the automotive value chain. Its product portfolio includes powertrain, chassis, electrical and body components, together with a wide range of maintenance products and workshop consumables. Supported by an extensive supplier network, FPS Distribution provides customers with access to a comprehensive selection of automotive products across multiple vehicle categories.

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Similar deals in Automotive

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2017	CVC	PASUBIO GROUP	ITALY	Auto Parts & Suppliers
12/2016	Alliance Automotive Group	Groupe de Jackie Vercaigne	FRANCE	Auto Parts & Systems
09/2016	Alliance Automotive Group	Genève Occasion	FRANCE	Aftermarket & Repair
02/2016	ALPHA PRIVATE EQUITY	FINANCIÈRE COFIDIM (FEU VERT)	FRANCE	Aftermarket & Repair
01/2016	EQUISTONE	NOVARES	FRANCE	Auto Parts & Systems
10/2015	Alliance Automotive Group	Coler	GERMANY	Auto Parts & Systems
09/2015	BAIN CAPITAL	AUTODISTRIBUTION / PARTS HOLDING EUROPE	FRANCE	Retail & Services
03/2015	HAVERSHAM HOLDINGS	CONSTELLATION AUTOMOTIVE	UNITED KINGDOM	Dealerships
10/2014	ZHONGDING GROUP	KACO GMBH	GERMANY	Auto Parts & Suppliers
08/2014	BLACKSTONE	Alliance Automotive Group	FRANCE	Aftermarket & Repair

REFERENCES

Valuation range: EV 100M - 350M GBP

Revenue range: 100M - 200M GBP

EBITDA range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FPS Distribution by Alliance Automotive Group 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.

Acquirer: alliance automotive group