At what enterprise value was GROUPE BRUNEAU acquired in 2021?

During the acquisition of GROUPE BRUNEAU by TOWERBROOK in 2021, 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 300M - 700M EUR. 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 Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE BRUNEAU when it was acquired by TOWERBROOK?

The estimated EV/EBITDA multiple for GROUPE BRUNEAU is in the range of 5x - 12x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was GROUPE BRUNEAU acquired by TOWERBROOK?

GROUPE BRUNEAU was acquired by TOWERBROOK in 2021.

What was the revenue of GROUPE BRUNEAU at the time of the deal?

The revenue of GROUPE BRUNEAU at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GROUPE BRUNEAU during the acquisition?

GROUPE BRUNEAU's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

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 GROUPE BRUNEAU 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 BRUNEAU 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://capitalfinance.lesechos.fr/deals/lbo/equistone-fait-affaire-avec-towerbrook-sur-bruneau-1335315

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Home Database Business ServicesGROUPE BRUNEAU

10/2021

GROUPE BRUNEAU acquired by TOWERBROOK

FRANCE B2B Specialized Distribution / Office Supplies & Furniture EV 300M - 700M EUR

Context

TowerBrook acquired a majority stake in Groupe Bruneau from Equistone Partners Europe, alongside the management team. The deal was struck following a period of exceptional performance where Bruneau's revenue jumped from EUR310M (in 2017) to approximately EUR500M (in 2021). The investment thesis for TowerBrook centers on transforming Bruneau from a regional powerhouse into the undisputed European leader in workplace solutions.

Equistone had previously taken control of the company during an LBO in 2017.

GROUPE BRUNEAU, which reported an EBITDA margin of LOGIN in 2020, 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

Bruneau is a leading European B2B provider specializing in office furniture, supplies, and equipment for professionals. The group offers a vast catalog of over 100,000 products, ranging from stationery and IT equipment to ergonomic office furniture and hygiene products. Bruneau stands out for its high-performance logistics, offering 24-hour delivery for a large part of its catalog. Primarily serving SMEs and large corporations, the group has successfully transitioned from a traditional mail-order business to a pure-player digital model, leveraging a powerful e-commerce platform and a dedicated customer service network.

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Other operations with GROUPE BRUNEAU

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2026	GROUPE BRUNEAU	OFFICEEASY	FRANCE	B2B Specialized Distribution	Groupe Bruneau continues its external growth strategy by acquiring OfficeEasy, a specialist in IT and telecom solutions. This acquisition allows Bruneau to significantly diversify its product offering beyond traditional office supplies into high-growth technical categories like videoconferencing and professional telephony. OfficeEasy will not be merged operationally but will join the group as an independent entity to preserve its agility. The deal aims to leverage cross-selling opportunities across Bruneau's vast SME client base while reinforcing its position as a one-stop-shop for the modern workplace.
07/2017	EQUISTONE	GROUPE BRUNEAU	FRANCE	B2B Specialized Distribution	Equistone Partners Europe has acquired a majority stake in Groupe Bruneau from Weinberg Capital Partners. The transaction was structured as a secondary MBO designed to accelerate the group's geographical expansion and European footprint. As a premier French digital-native B2B distributor of workplace furniture, equipment, and office supplies, Groupe Bruneau leverages a high-performing e-commerce platform and state-of-the-art logistics infrastructure serving a highly loyal SME customer base. Equistone's investment thesis focuses on partnering with the incumbent management team to scale operations internationally, primarily driving growth through a programmatic buy-and-build and market consolidation strategy across the European workplace solutions sector.

REFERENCES

Valuation range: EV 300M - 700M 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 GROUPE BRUNEAU by TOWERBROOK 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: towerbrook