mynth
← DATABASE
02/2006

HOMAIR VACANCES acquired by MONTEFIORE INVESTMENT

FRANCE Hospitality & Leisure / Hospitality / Hotels & Accommodation REV 5M - 25M EUR

Context

Initiating a long-term institutional transformation, this transaction sees Montefiore Investment take a controlling stake in Homair Vacances to support its primary development phase. The strategic rationale for the deal centers on the industrialization of the mobile-home rental model, moving the company beyond its artisanal roots toward a market-leading position in the "outdoor hotel" segment. At the time of entry, the group operates a modest fleet, and the partnership is designed to provide the financial stability and structural expertise required to aggressively expand the number of managed pitches across France. The investment coincides with a period of rising consumer interest in "value-for-money" domestic tourism, allowing the group to capitalize on the recurring cash-flow profile typical of standardized leisure facilities.

HOMAIR VACANCES, which reported an EBITDA margin of in 2006, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).

-> Deep-dive in Retail & Consumer market trends

Target

Homair Vacances is a European leader in the outdoor hospitality and mobile-home holiday sector. The company operates as a vertically integrated platform, managing a vast portfolio of upscale campsites and high-quality mobile-home accommodations across key tourist destinations, including France, Italy, and Spain. Its business model, often described as "glamping" (glamour camping), focuses on providing "Club Med-style" outdoor experiences, combining the freedom of camping with premium services, water parks, and organized entertainment. Following the strategic integration of the British operator Eurocamp, the group has significantly expanded its distribution network and international customer base, particularly in Northern Europe and the UK. The company manages approximately 17,000 accommodation units across nearly 300 destinations. Strategically, Homair leverages a robust online reservation platform and a mix of owned sites and partner campsites to maintain its dominant position in the fragmented European outdoor accommodation market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2006
2005

Other operations with HOMAIR VACANCES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
06/2014THE CARLYLE GROUPHOMAIR VACANCESFRANCEHotels & Accommodation
06/2014HOMAIR VACANCESEUROCAMPUNITED KINGDOMHotels & Accommodation

REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HOMAIR VACANCES by MONTEFIORE INVESTMENT 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: homair vacances

Acquirer: montefiore investment