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03/2024

GROUPE URBAN acquired by COMPAGNIE DES ALPES

FRANCE Hospitality & Leisure / Leisure Facilities EV €100–350M

Context

La Compagnie des Alpes (CDA) has finalized the acquisition of a controlling majority stake in Soccer 5 France SAS, the parent company of Urban Group, executing a strategic cross-border corporate buyout within the leisure and sports entertainment sector. The transaction architecture was executed in two coordinated stages, beginning with an immediate equity buyout at closing, supplemented by a locked-in call/put option agreement to transfer an additional stake from the management holding vehicle, Soccer 5 Evolution, later that year. The total cash consideration was funded entirely through CDA’s internal corporate treasury reserves and existing bilateral revolving credit lines, leveraging capital raised during its previous public equity issuance to ensure zero reliance on conditional external acquisition debt. The remaining minority equity stake continues to be held by the historical founders and executive team, with a structured liquidity mechanism allowing CDA to purchase the residual balance in four to five years under an identical valuation framework.

GROUPE URBAN, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average currently observed in the Retail & Consumer sector (11.9x).

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Target

Urban Group (Soccer 5 France SAS) operates as a commercial operator of indoor sports centers in France. The company's business model relies on monetization through field rentals, amateur tournament organization, corporate events, and specialized youth sports academies. The organization manages an integrated network of proprietary centers distributed across France and Portugal, encompassing five-a-side football pitches alongside a dedicated racket sports division featuring padel courts. Urban Group (Soccer 5 France SAS) operates as a commercial operator of indoor sports centers in France. The company's business model relies on monetization through field rentals, amateur tournament organization, corporate events, and specialized youth sports academies. The organization manages an integrated network of proprietary centers distributed across France and Portugal, encompassing five-a-side football pitches alongside a dedicated racket sports division featuring padel courts.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
€25–50M
€10–30M
[members only]
2022
€25–50M
€10–30M
[members only]

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €25–50M

EBITDA range: €10–30M

EV/Revenue range: 2x - 6x

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 URBAN by COMPAGNIE DES ALPES 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 urban

Acquirer: compagnie des alpes