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10/2023

GROUPE COQUELLE acquired by IRD INVEST

FRANCE Transport & Logistics / Freight Transport / Road Freight REV 250M - 500M EUR

Context

The Groupe Coquelle completes its third Management Buy-Out (MBO Ter) to reorganize its capital structure. The historical minority shareholder, Siparex, exits (or significantly reduces its stake), allowing the entry of a new pool of regional and national investors led by IRD Invest and Bpifrance.

GROUPE COQUELLE, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

A major French family-owned transport and logistics group. Historically specialized in the transport of bulk agricultural produce and materials (tipper trucks), it has diversified into general freight and logistics. It operates a fleet of over 1,600 vehicles and has a strong European footprint (Italy, Poland, Bulgaria).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Revenue range: 250M - 500M EUR

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

Acquirer: ird invest