At what enterprise value was GROUPE B&B HOTELS acquired in 2019?

During the acquisition of GROUPE B&B HOTELS by GOLDMAN SACHS in 2019, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

What was the EV/EBITDA of GROUPE B&B HOTELS when it was acquired by GOLDMAN SACHS?

The estimated EV/EBITDA multiple for GROUPE B&B HOTELS is in the range of 10x - 18x.

When was GROUPE B&B HOTELS acquired by GOLDMAN SACHS?

GROUPE B&B HOTELS was acquired by GOLDMAN SACHS in 2019.

What was the EBITDA of GROUPE B&B HOTELS during the acquisition?

GROUPE B&B HOTELS's EBITDA is estimated to be in the range of 100M - 200M EUR.

How is the data for the GROUPE B&B HOTELS 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 GROUPE B&B HOTELS 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.decideurs-magazine.com/finance/35966-pai-partners-cede-b-b-a-goldman-sachs-pour-1-9-milliard-d-euros.html

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Home Database Retail & ConsumerGROUPE B&B HOTELS

05/2019

GROUPE B&B HOTELS acquired by GOLDMAN SACHS

FRANCE Hospitality & Leisure / Hospitality / Hotels & Accommodation EV 1b - 4b EUR

Context

This transaction represents a massive secondary leveraged buyout wherein Goldman Sachs acquires the entire share capital of B&B from its historical financial sponsor, PAI Partners. Following a highly successful holding period marked by explosive operational growth and a near-doubling of profitability, the exiting French private equity fund secures a highly lucrative exit. Executed through preemptive exclusive negotiations before a formal auction process, this new corporate partnership will provide B&B with the immense capital backing required to aggressively accelerate its global footprint expansion, specifically targeting rapid establishment rollouts across new international markets.

It is worth noting that the fund Pai Partners took control of Groupe B&B Hotels through an LBO in 2015.

GROUPE B&B HOTELS, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.6x).

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Target

Founded in 1990, B&B Hotels is a leading independent economy hotel chain. The company’s business model is based on an "écono-chic" concept, offering high-quality essential services (bedding, Wi-Fi, breakfast) at a moderate price point for both business and leisure travelers. Its value proposition centers on a standardized guest experience with an optimized cost structure, which has earned the group multiple awards for design and innovation. Strategically, as of September 30, 2015, the group operated a platform of 343 hotels and over 28,500 rooms across seven countries: France, Germany, Italy, Spain, Poland, the Czech Republic, and Morocco. B&B has established itself as a European benchmark in the budget hospitality sector through disciplined international expansion and a strong, functional brand identity.

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Other operations with GROUPE B&B HOTELS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
12/2015	PAI PARTNERS	GROUPE B&B HOTELS	FRANCE	Hotels & Accommodation

REFERENCES

Valuation range: EV 1b - 4b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE B&B HOTELS by GOLDMAN SACHS 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: groupe b&b hotels

Acquirer: goldman sachs