GSV (GRØNVOLD & SCHOU VESTERGAARD) acquired by KILOUTOU
Context
Kiloutou acquired GSV, the Danish market leader, to establish its third major European pillar alongside France and Poland. This acquisition, the largest in Kiloutou's history at the time, allowed the group to integrate a highly digitalized player and expand its geographical footprint to Northern Europe.
The acquisition of Gsv is part of the growth strategy of Kiloutou, which already has several external growth operations under its belt, notably Ab Materiels in 2021.
GSV (GRØNVOLD & SCHOU VESTERGAARD), which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).
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.
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Target
The undisputed leader in the Danish equipment rental market. GSV provides a comprehensive range of machinery (aerial platforms, earthmoving, modular space) and digital solutions for the construction and Corporate sectors.
Ent. Value
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Equity Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 25M - 50M EUR
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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).
Acquirer: kiloutou