GROUPE COQUELLE acquired by IRD INVEST
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)
Similar deals in Transport & Logistics
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 12/2023 | ALASKA AIR GROUP | Hawaiian Airlines | UNITED STATES | Airlines |
| 11/2023 | ACEH (TRANSPORTS CHEMINAL) | TRANSPORTS DU VIVARAIS (TDV) | FRANCE | Road Freight |
| 10/2023 | THE CARLYLE GROUP | LOCABOX | FRANCE | Warehousing / 3PL |
| 10/2023 | Air France-KLM Group / Castlelake / Lind Invest / Danish State | SAS | SWEDEN | Airlines |
| 07/2023 | 2L LOGISTICS | TRANSPORTS MARZAT | FRANCE | Road Freight |
| 07/2023 | CREDIT MUTUEL EQUITY / BNP PARIBAS DEVELOPPEMENT | DIMOTRANS | FRANCE | Freight Transport |
| 02/2023 | STAR CAPITAL | MYFLEXBOX | AUSTRIA | Logistics |
| 02/2023 | GROUPE MALHERBE | LM TRANS FRET | FRANCE | Road Freight |
| 11/2022 | GROUPE BERNARDI | GROUPE CAILLE | FRANCE | Road Freight |
| 10/2022 | Seapeak | Evergas | DENMARK | Marine Cargo |
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