GROUPE LOCATION TRANSPORT acquired by MBO+
Context
MBO Partners has acquired a majority stake in Groupe LT, a French company specializing in equipment and heavy machinery rentals, through a primary leveraged buyout (LBO). This transaction marks the exit of the company's two historical founders and minority shareholders, while the management team reinvests alongside MBO Partners to continue driving the group's growth. With a presence in three French regions, Groupe LT employs 350 staff members, operates a fleet of 500 vehicles, and generated +€40 million in revenue in 2017. Backed by MBO Partners, Amundi Private Equity Funds, and Arkéa Capital, the group plans to accelerate its diversification into site equipment activities, including modular living quarters and signaling solutions. This strategic shift aims to increase the company's exposure to more stable and recurring revenue streams, while capitalizing on the growing demand from major construction players for temporary, outsourced infrastructure. The new shareholders also aim to expand the group's geographic footprint and develop commercial synergies within its existing customer base.
GROUPE LOCATION TRANSPORT, which reported an EBITDA margin of [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average currently observed in the Business Services sector (11.4x).
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Target
Established in 2000, the company specializes in leasing equipment and machinery for construction sites (such as tippers, cranes and earthmoving equipment), with operations spanning 3 French regions, including Aquitaine, Île-de-France, and Champagne-Ardenne. Its organizational structure revolves around two core activities: leasing trucks and construction equipment, with or without operators, and renting site equipment, such as signaling and safety devices, modular solutions, and construction site toilets. Revenue is generated through billing for fleet usage periods, supplemented by on-site transportation, assembly, and maintenance services. The company primarily caters to the building and public works, infrastructure, and environmental sectors.
Ent. Value
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with MBO+
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2025 | MBO+ | GROUPE LOGTRANS | FRANCE | Freight Transport |
| 07/2021 | MBO+ / ALLIANCE ENTREPRENDRE | GROUPE IEF2I | FRANCE | Education Providers |
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| 09/2018 | MBO+ / AMUNDI PRIVATE EQUITY | ARCADO | FRANCE | Meat & Cured Meat |
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REFERENCES
Valuation range: EV €50–150M
Revenue range: €25–50M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE LOCATION TRANSPORT by MBO+ 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: mbo+