At what enterprise value was GRUPO TERRATEST acquired in 2019?

During the acquisition of GRUPO TERRATEST by NAZCA CAPITAL in 2019, 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.

What was the EV/EBITDA of GRUPO TERRATEST when it was acquired by NAZCA CAPITAL?

The estimated EV/EBITDA multiple for GRUPO TERRATEST is in the range of 5x - 12x. Join our community for free to access full valuation data and industry trends.

When was GRUPO TERRATEST acquired by NAZCA CAPITAL?

GRUPO TERRATEST was acquired by NAZCA CAPITAL in 2019.

What was the revenue of GRUPO TERRATEST at the time of the deal?

The revenue of GRUPO TERRATEST at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GRUPO TERRATEST during the acquisition?

GRUPO TERRATEST's EBITDA is estimated to be in the range of 25M - 50M 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 GRUPO TERRATEST 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 GRUPO TERRATEST 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://www.nazca.es/en/noticias/nazca-adquiere-el-100-de-terratest-lider-en-cimentaciones-especiales/

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Home DatabaseGRUPO TERRATEST

01/2019

GRUPO TERRATEST acquired by NAZCA CAPITAL

SPAIN Construction / Structural Works / Masonry & Civil Eng. EV 100M - 350M EUR

Context

Nazca Capital has successfully finalized the acquisition of 100% of the share capital of Terratest, a global leader in specialized ground engineering. This strategic transaction represents a significant milestone in the acquirer's strategy to back industrial platforms with high internationalization potential and a presence in mission-critical infrastructure sectors. The strategic rationale for the move centers on the high degree of growth forecasted in the global infrastructure market, driven by demographic shifts and the modernization of transport, energy, and water networks. By acquiring this platform, the group aims to capitalize on the target's established leadership in large-scale international projects, such as the Grand Paris development. The partnership is designed to leverage the acquirer’s financial resources to accelerate the target's recent expansion into the United States market following its 2018 acquisition of Geostructures. This integration reinforces the group’s standing as a primary enabler of complex engineering solutions, providing the strategic depth required to participate in the largest global infrastructure tenders. This transaction marks a definitive exit for the previous shareholders while securing the management team's long-term business plan for global development.

GRUPO TERRATEST, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

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.

Target

Terratest is a specialized technology organization dedicated to the engineering and execution of special foundations, tunnel construction, and ground improvement. The entity’s business model centers on delivering high-expertise technical solutions for large-scale global infrastructure and complex building projects. Its value proposition is built on technical durability and specialized operational capacity in diverse geotechnical environments, ranging from urban transport networks to industrial developments. Strategically, the firm focuses on technical operational depth across international markets, with a significant presence in high-growth corridors including Europe, Latin America, the Middle East, and North America. By integrating proprietary geotechnical expertise with a modern machinery fleet, the organization facilitates structural stability for mission-critical energy, water, and telecommunications infrastructure. The entity emphasizes technical innovation to address the increasing global investment in transport and urban resilience amidst demographic expansion.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 150M - 250M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GRUPO TERRATEST by NAZCA CAPITAL 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).

Press release: view release

Acquirer: nazca capital