At what enterprise value was GO OUTDOORS acquired in 2016?

During the acquisition of GO OUTDOORS by JD SPORTS 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GO OUTDOORS when it was acquired by JD SPORTS?

The exact EV/EBITDA multiple for GO OUTDOORS is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was GO OUTDOORS acquired by JD SPORTS?

GO OUTDOORS was acquired by JD SPORTS in 2016.

What was the revenue of GO OUTDOORS at the time of the deal?

The revenue of GO OUTDOORS at the time of the deal is estimated to be in the range of 150M - 250M GBP. Register for free to access the full transaction report and exact valuation multiples.

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 GO OUTDOORS 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 GO OUTDOORS 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.theguardian.com/business/2016/nov/28/jd-sports-buys-go-outdoors-for-112m

← DATABASE

Home Database Retail & ConsumerGO OUTDOORS

11/2016

GO OUTDOORS acquired by JD SPORTS

UNITED KINGDOM Retail / Specialized Retail / Sport EV 100M - 350M GBP

Context

JD Sports acquired 100% of Go Outdoors (>�200m of revenues) from its founders and private equity backers (YFM Equity Partners and 3i Group). The strategic rationale was purely about portfolio complementarity: while JD's existing brands (Blacks, Millets) dominated the traditional "High Street" locations with smaller footprints and higher price points, Go Outdoors dominated the "Out-of-Town" destination market with massive inventory and lower prices. There was minimal geographic overlap between the two estates. This "Hub and Spoke" coverage allowed JD Sports to capture the full wallet of the outdoor enthusiast—from the casual walker buying a jacket in the city center to the family buying a 6-person tent at a retail park. The founders exited the business post-completion.

GO OUTDOORS, which reported an EBITDA margin of LOGIN in 2016, 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 (11.0x).

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 Retail & Consumer market trends

Target

Founded in 1998 in Sheffield, Go Outdoors revolutionized the UK outdoor market with a "category killer" supermarket approach. Unlike traditional small high-street shops, Go Outdoors operates massive warehouse-style stores (avg. 30,000 sq ft) located in out-of-town retail parks. It offers a vast range of branded equipment for camping, walking, climbing, and cycling at discounted prices, driven by its popular £5 discount card membership scheme.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2016

2015

Similar deals in Retail & Consumer

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2017	OUEST CROISSANCE	EASY CASH	FRANCE	Retail	Ouest Croissance injected less than €5 million into Easy Cash to acquire a minority stake of slightly under 20%. This fundraising is specifically designed to accelerate the group's territorial density, focusing on opening new company-owned branches (subsidiaries) in the city centers of major French metropolises
03/2017	ARDIAN	PROSOL	FRANCE	Retail	Ardian, a leading private investment firm, entered into an agreement to acquire a majority shareholding in Prosol, the operator of the highly successful Grand Frais fresh food retail chain. This transaction marked a significant shift in ownership, as Prosol's founder, Denis Dumont, who had previously maintained a controlling interest, agreed to the preemptive offer from Ardian
05/2016	PUBLIC MARKETS (IPO)	MAISONS DU MONDE	FRANCE	Retail	Maisons du Monde successfully completed its initial public offering (IPO) on Euronext Paris in May 2016, marking a key milestone in the group's evolution following several leveraged buyout (LBO) cycles
08/2015	LAGARDERE TRAVEL RETAIL	PARADIES	UNITED STATES	Retail	Lagardere acquired 100% of the holding company of Paradies. The sellers were the private equity firm Freeman Spogli & Co and the founding Paradies family. The transaction combined Lagardere's existing North American operations with Paradies to create a new entity generating ~$800 million in sales
06/2014	AVOLTA	THE NUANCE GROUP	SWITZERLAND	Retail	Dufry AG has signed an agreement to acquire 100% of The Nuance Group. This transformational operation confirms the group as the global leader in the airport retail industry, reaching a 15% worldwide market share and a combined presence in 63 countries
06/2013	BAIN CAPITAL	MAISONS DU MONDE	FRANCE	Retail	The transaction marks the sale of Maisons du Monde to Bain Capital, following a competitive process involving several private equity players, including Axa Private Equity and PAI Partners. LBO France, Apax Partners, and NiXEN Partners, which had held a stake in the group since the secondary LBO in 2008, are divesting their interest in this deal, while management retains a significant stake to ensure strategic and operational continuity
03/2013	ALPHA PRIVATE EQUITY	VERTBAUDET	FRANCE	Retail	PPR (Kering) entered into exclusive negotiations with Alpha Private Equity Fund 6 for the sale of its Children & Family division (Cyrillus and Vertbaudet). The transaction was valued at an Enterprise Value of €119 million
03/2012	MANAGEMENT & PRIVATE INVESTORS	ICELAND FOODS GROUP	UNITED KINGDOM	Retail	The management team of Iceland Foods, led by founder Malcolm Walker, has successfully acquired the company from the liquidators of the failed Icelandic banks Landsbanki and Glitnir. This transaction returns the company to British ownership and operational independence after a period of uncertainty following the 2008 Icelandic banking collapse
04/2007	APAX PARTNERS / LBO FRANCE	MAISONS DU MONDE	FRANCE	Retail	Apax Partners and LBO France have formed a 50-50 consortium to acquire Maisons du Monde through a secondary leveraged buyout (LBO), following a competitive sale process. The transaction allows the two funds to take control of approximately 70% of the French home furnishings and decoration specialist's equity, succeeding the previous investor duo of Barclays Private Equity and Ixen, which had supported the company's initial growth phase
06/2005	BARCLAYS PRIVATE EQUITY / NATEXIS INDUSTRIE	MAISONS DU MONDE	FRANCE	Retail	The transaction involves a joint acquisition of Maisons du Monde by Barclays Private Equity and Natexis Industrie through a management buyout (MBO), with the goal of supporting the company's next phase of growth

REFERENCES

Valuation range: EV 100M - 350M GBP

Revenue range: 150M - 250M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GO OUTDOORS by JD SPORTS 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: jd sports