At what enterprise value was I-RUN acquired in 2026?

During the acquisition of I-RUN by GROUPE LFPI in 2026, 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 100M - 350M 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of I-RUN when it was acquired by GROUPE LFPI?

The estimated EV/EBITDA multiple for I-RUN is in the range of 10x - 18x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was I-RUN acquired by GROUPE LFPI?

I-RUN was acquired by GROUPE LFPI in 2026.

What was the revenue of I-RUN at the time of the deal?

The revenue of I-RUN at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of I-RUN during the acquisition?

I-RUN's EBITDA is estimated to be in the range of 5M - 25M 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 I-RUN 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 I-RUN 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/lfpi-prend-le-controle-di-run-2238955

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Home Database Retail & ConsumerI-RUN

06/2026

GROUPE LFPI takes majority stake in I-RUN

FRANCE Retail / Specialized Retail / Sport EV 100M - 350M EUR

Context

LFPI has acquired a majority stake in I-Run as part of a transaction that marks the next stage in the company's growth trajectory, which has been underway for several years. The deal involves a reshaping of the shareholder base, with historical investors such as Geneo Capital Entrepreneur and Bpifrance selling a portion of their shares while maintaining a minority presence alongside management, which has increased its stake in the new entity. Other financial investors have exited the capital as part of this new development phase. The financing structure combines multiple sources of funding. LFPI has mobilized its mid-cap investment vehicles, supplemented by a mezzanine component, while a bank financing package of approximately €60 million has been arranged by a pool of leading financial institutions. This structure enables the support of a majority buyout while maintaining a debt level that is tailored to the company's growth profile. The new shareholders aim to support an accelerated international expansion strategy, particularly in Northern and Southern Europe, by leveraging digital channel development and the gradual extension of the store network. External growth initiatives may also be explored to consolidate the company's position in the European running and specialty sports market.

It is worth noting that the fund Geneo took control of I-Run through an LBO in 2022.

I-RUN, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN 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

Established in the early 2000s and headquartered in Toulouse, I-Run is a leading specialist distributor of running gear and sports equipment. The company has emerged as one of France's top online retailers for running, leveraging its strong product expertise and customer-centric approach to cater to runners of all levels, from casual joggers to seasoned athletes. I-Run's multichannel strategy combines a high-traffic e-commerce platform with a network of physical stores across France, enabling the company to provide a seamless customer experience from product discovery to in-store trials and support. The company offers a wide range of products, including running shoes, technical apparel, smartwatches, and accessories, in partnership with major international sports brands.

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Other operations with I-RUN

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2022	GENEO	I-RUN	FRANCE	Retail	GENEO Capital Entrepreneur has led a recapitalization effort to support the reorganization of i-Run's capital structure and fuel the company's next phase of growth. This transaction brings together a consortium of long-term investors, including Eximium, MACSF, and Bpifrance, alongside the founders and management team, with a shared objective of stabilizing the company's ownership and accelerating its development

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of I-RUN by GROUPE LFPI 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).

Target: i-run

Acquirer: groupe lfpi