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09/2022

GLOBAL PALLETS AND PACKAGING SERVICES GPS acquired by MML CAPITAL

FRANCE Transport & Logistics / Logistics EV 300M - 700M EUR

Context

Groupe GPS, a specialist in reusable industrial packaging logistics, completes a secondary LBO ("LBO bis"). The private equity firm MML Capital, alongside Metric Capital Partners, acquires the stakes previously held by Cerea Partners, Bpifrance, and Arkea Capital. This transaction, valuing the group at over EUR250 million, aims to fund the massive expansion of its crate fleet and accelerate international growth, particularly in Asia and the US.

GLOBAL PALLETS AND PACKAGING SERVICES GPS, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).

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.

-> Deep-dive in Business Services market trends

Target

A global leader in reusable Corporate packaging solutions (circular economy). The group designs, rents, and manages a fleet of over 1.5 million reusable metal crates (replacing single-use wooden or metal packaging), primarily serving the synthetic rubber and tire industries worldwide.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GLOBAL PALLETS AND PACKAGING SERVICES GPS by MML CAPITAL are reserved for mynth community members. Register for free to unlock full data.

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

Acquirer: mml capital