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12/2025

GROUPE PARTIR-VISITEURS (GPV) acquired by B & CAPITAL

FRANCE Hospitality & Leisure / Travel / Tour Operators EV 20M - 50M EUR

Context

The tour operator Groupe Partir-Visiteurs organizes a managerial transition through an LBO led by B & Capital. The historic founders, Didier Rabaux and Didier Blanchard, hand over the operational leadership to the current General Manager, Patrice Arezina, while retaining a minority stake. B & Capital enters as the majority shareholder to support this succession. The deal aims to accelerate the group's development by opening new destinations, diversifying into new segments, and strengthening its CSR commitments.

GROUPE PARTIR-VISITEURS (GPV), which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.1x).

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Target

An independent French tour operator founded in 1986. The group specializes in long-haul customized travel ("à la carte") and escorted tours, distributing its products through a network of 3,000 partner travel agencies. It operates two main brands: Visiteurs (Individual/B2B distribution) and Partir (Group travel/Works councils).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE PARTIR-VISITEURS (GPV) by B & CAPITAL 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.

Target: groupe partir-visiteurs (gpv)

Acquirer: b & capital