GROUPE BAGATELLE acquired by NEXTSTAGE & MI3
Context
NextStage and MI3 together invest EUR 17.7 million into Groupe Bagatelle in a minority, structuring‑equity round aimed at strengthening the group’s balance sheet, rationalizing its shareholder base, and funding a major expansion phase. The transaction enables Bagatelle to buy out certain local foreign investors who provided funding for individual openings, thereby simplifying the capital structure and giving the group the financial firepower to pursue its stated plan of opening 25 new establishments within five years. The founders, Remi Laba and Aymeric Clemente, remain in control, preserving the brand’s creative direction and operational leadership.
GROUPE BAGATELLE, which reported an EBITDA margin of LOGIN in 2018, 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.
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Target
Groupe Bagatelle is a French luxury restaurant, hotel, and beach‑club brand built around a hedonistic, Mediterranean‑style concept. The group launched in 2008 with the flagship Bagatelle restaurant in New York’s Meatpacking District, which quickly became a must‑visit destination in the city. The brand has since expanded into three main concepts: Bagatelle House (upscale urban restaurants), Bagatelle Beach (luxury beach clubs in top resort destinations), and Bagatelle Chalet (exclusive ski‑resort restaurants). Today, the group operates around 16 Bagatelle venues worldwide, including sites in New York, Miami, Saint‑Barthélemy, London, Saint‑Tropez, Mykonos, Courchevel, Buenos Aires, Punta del Este, Rio de Janeiro, São Paulo, Tulum, Dubai, Bahrain, Jeddah, and Riyadh. The concept targets a high‑net‑worth, international clientele seeking premium food, champagne‑driven experiences, and Instagram‑friendly party‑lifestyle venues, with strong seasonality and high‑margin nightlife / beach‑club revenue.
Ent. Value
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Historical Financials (EUR)
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REFERENCES
Revenue range: 50M - 100M EUR
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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).
Press release: view release
Target: groupe bagatelle
Acquirer: nextstage