mynth
← DATABASE
09/2016

H B CLARK acquired by KITWAVE GROUP

UNITED KINGDOM B2B Specialized Distribution REV £50–100M

Context

The acquisition of the H B Clark by Kitwave signifies a major categorical advancement for the group’s Northern division. The strategic logic of this transaction hinges on a "sector-diversification" maneuver, merging the target’s technical operational depth in the alcoholic beverage market with the acquirer’s established logistics framework and national scale. This structural alignment provides the combined entity with the logistical hardware and category-specific talent necessary to address the increasing demand for consolidated supply solutions in the on-trade hospitality sector.

H B CLARK, which reported an EBITDA margin of [members only] in 2015, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

H B Clark is a Drinks Wholesale company based in the United Kingdom, specializing in the technical distribution of alcoholic and soft beverages to the on-trade sector. The organization operates as a high-fidelity partner for bars, pubs, and restaurants, prioritizing a "quality delivered solution" that encompasses a vast portfolio of established brands alongside its own proprietary craft ale production. Its strategy is anchored in maintaining deep-rooted regional expertise and strong supplier relationships to ensure high-frequency fulfillment across Northern England.

Ent. Value

£50–100M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2015
£50–100M
[members only]
[members only]
2014
£50–100M
[members only]
[members only]

Similar deals in B2B Specialized Distribution

Similar deals in B2B Specialized Distribution

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
09/2019KITWAVE GROUPCENTRAL SUPPLIESUNITED KINGDOMB2B Specialized Distribution
07/2019MIDSONAPANZANI ALIMENTATION SANTÉFRANCEB2B Specialized Distribution
07/2019CAPZAITAL EXPRESSFRANCEB2B Specialized Distribution
06/2018IMCDE.T. HORNUNITED STATESB2B Specialized Distribution
07/2017EQUISTONEGROUPE BRUNEAUFRANCEOffice Supplies & Furniture
05/2017KITWAVE GROUPALPINE FINE FOODSUNITED KINGDOMB2B Specialized Distribution
12/2016NAXICAP PARTNERSECF GROUPFRANCEHospitality Supplies
08/2016PERRIGO COMPANYGEISS DESTIN & DUNN (GDD)UNITED STATESB2B Specialized Distribution
09/2014AZULIS CAPITALITAL EXPRESSFRANCEB2B Specialized Distribution
09/2008GROUPE LFPIITAL EXPRESSFRANCEB2B Specialized Distribution

REFERENCES

Revenue range: £50–100M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of H B CLARK by KITWAVE GROUP 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

Acquirer: kitwave group