At what enterprise value was GRUPPO FLORENCE acquired in 2023?

During the acquisition of GRUPPO FLORENCE by PERMIRA in 2023, 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 1b - 4b 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 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GRUPPO FLORENCE when it was acquired by PERMIRA?

The estimated EV/EBITDA multiple for GRUPPO FLORENCE is in the range of 5x - 12x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was GRUPPO FLORENCE acquired by PERMIRA?

GRUPPO FLORENCE was acquired by PERMIRA in 2023.

What was the revenue of GRUPPO FLORENCE at the time of the deal?

The revenue of GRUPPO FLORENCE at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GRUPPO FLORENCE during the acquisition?

GRUPPO FLORENCE's EBITDA is estimated to be in the range of 100M - 200M 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 GRUPPO FLORENCE 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 GRUPPO FLORENCE 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.permira.com/portfolio/our-portfolio?sort=latest&filters%5Bsectors%5D%5B0%5D=consumer

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Home Database Retail & ConsumerGRUPPO FLORENCE

05/2023

GRUPPO FLORENCE acquired by PERMIRA

ITALY Luxury Goods / Fashion & Leather Goods EV 1b - 4b EUR

Context

Permira acquired a majority stake in Gruppo Florence. The sellers included VAM Investments, Fondo Italiano d'Investimento, and Italmobiliare. While Italmobiliare exited fully, VAM Investments, Fondo Italiano, and the founding families of the acquired SMEs reinvested significantly alongside Permira to retain a minority stake.

GRUPPO FLORENCE, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Gruppo Florence is Italy s leading integrated Corporate platform for the luxury fashion industry. Founded in 2020, it aggregates high-quality family-owned manufacturers (SMEs) serving top global luxury brands. At the time of the deal, the group comprised 26 companies specialized in ready-to-wear, leather goods, and shoes, preserving "Made in Italy" craftsmanship.

Ent. Value

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EV / Revenue

EV / EBITDA

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Historical Financials (EUR)

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2022

2021

Similar deals in Luxury Goods

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
02/2024	L CATTERTON	TOD’S	ITALY	Fashion & Leather Goods
07/2023	KERING	VALENTINO	ITALY	Fashion & Leather Goods
11/2022	PENINSULA CAPITAL / PERCASSI	MC2 SAINT BARTH	ITALY	Fashion & Leather Goods
07/2022	AMF GROUP	CHAINES ET CIE	FRANCE	Luxury Supply Chain
06/2022	AMF GROUP	ITALCATENE	ITALY	Luxury Supply Chain
06/2022	G-III APPAREL GROUP	KARL LAGERFELD	FRANCE	Fashion & Leather Goods
03/2021	EXOR	CHRISTIAN LOUBOUTIN	FRANCE	Fashion & Leather Goods
12/2020	LVMH	TIFFANY & CO	UNITED STATES	Watches & Jewelry
07/2019	ALPHA PRIVATE EQUITY	AMF GROUP	ITALY	Luxury Supply Chain
10/2016	LVMH	RIMOWA	GERMANY	Fashion & Leather Goods

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GRUPPO FLORENCE by PERMIRA 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.

Press release: view release

Target: gruppo florence

Acquirer: permira