At what enterprise value was GREENYELLOW acquired in 2024?

During the acquisition of GREENYELLOW by ARDIAN in 2024, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

What was the EV/EBITDA of GREENYELLOW when it was acquired by ARDIAN?

The estimated EV/EBITDA multiple for GREENYELLOW is in the range of 15x - 25x.

When was GREENYELLOW acquired by ARDIAN?

GREENYELLOW was acquired by ARDIAN in 2024.

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

The revenue of GREENYELLOW at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of GREENYELLOW during the acquisition?

GREENYELLOW's EBITDA is estimated to be in the range of 50M - 100M EUR.

How is the data for the GREENYELLOW 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 GREENYELLOW 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.agefi.fr/news/entreprises/casino-vend-le-solde-de-sa-participation-dans-greenyellow-a-ardian-et-bpifrance

← DATABASE

Home DatabaseGREENYELLOW

05/2024

GREENYELLOW acquired by ARDIAN

FRANCE Energy Services & Technology / Electronic Components EV 1b - 4b EUR

Context

Ardian Infrastructure has acquired a majority stake in GreenYellow, the energy transition subsidiary of the Casino Group. Historical shareholders, including Casino, Tikehau Capital, and Bpifrance, are reinvesting as minority partners. This strategic move aims to transform GreenYellow into a leading independent power producer (IPP), supporting its international expansion and scaling its decentralized solar production and energy efficiency solutions across Europe.

GREENYELLOW, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of .

Target

A major player in decentralized energy transition. GreenYellow provides B2B clients with solar self-consumption solutions (photovoltaic) and Energy Performance Contracts (EPC). The company manages the entire value chain, from design and financing to the operation of energy assets.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2021

2020

Similar deals in Energy Services & Technology

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2026	EXPAND ENERGY	TWIN EAGLE	UNITED STATES	Energy Services & Technology
02/2023	IVYS / ENBRIDGE	XEBEC	CANADA	Energy Services & Technology

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GREENYELLOW by ARDIAN 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.

Target: greenyellow

Acquirer: ardian