Montefiore Investment takes majority stake in Homair Vacances
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 [members only] in 2006, is valued in this transaction at an EV/EBITDA multiple of [members only].
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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
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Homair Vacances
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2014 | THE CARLYLE GROUP | HOMAIR VACANCES | FRANCE | Hotels & Accommodation |
| 06/2014 | HOMAIR VACANCES | EUROCAMP | UNITED KINGDOM | Hotels & Accommodation |
Other operations with Montefiore Investment
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2026 | MONTEFIORE INVESTMENT / ACTIVA CAPITAL | ARCHE MC2 | FRANCE | Healthcare |
| 08/2025 | MONTEFIORE INVESTMENT / CERES INDUSTRIES CAPITAL / CFJ (COMPAGNIE FINANCIÈRE JOUSSET) | KARAVEL | FRANCE | Tour Operators |
| 10/2024 | MONTEFIORE INVESTMENT | DEMENEGO | ITALY | Ophthalmology |
| 10/2023 | MONTEFIORE INVESTMENT / BNP PARIBAS DEVELOPPEMENT / SOCIETE GENERALE CAPITAL PARTENAIRES / CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT) | KOESIO | FRANCE | MSP (Managed Services) |
| 05/2023 | MONTEFIORE INVESTMENT | EXO GROUP | ITALY | Finishing Works |
| 04/2022 | MONTEFIORE INVESTMENT / PLÉIADE INVESTISSEMENT | GENERIX GROUP | FRANCE | Supply Chain & Ops |
| 10/2021 | MONTEFIORE INVESTMENT | NGE | FRANCE | Public Works |
| 10/2020 | MONTEFIORE INVESTMENT | GROUPE OPEN | FRANCE | Consulting & Integration |
| 07/2016 | MONTEFIORE INVESTMENT | ISABEL MARANT | FRANCE | Fashion & Apparel |
| 11/2007 | MONTEFIORE INVESTMENT | ASMODEE GROUP | FRANCE | Consumer Products |
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|---|---|---|---|---|
| 09/2011 | NAXICAP PARTNERS | SUSHI SHOP GROUP | FRANCE | Restaurants / Chains |
| 01/2011 | CHANGE CAPITAL PARTNERS | ROSSOPOMODORO | ITALY | Restaurants / Chains |
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| 12/2010 | FONDATIONS CAPITAL | COURTEPAILLE | FRANCE | Restaurants / Chains |
| 06/2007 | LIGHTSTONE GROUP | EXTENDED STAY AMERICA | UNITED STATES | Hotels & Accommodation |
| 03/2007 | MERLIN ENTERTAINMENTS | THE TUSSAUDS GROUP | UNITED KINGDOM | Leisure Facilities |
| 09/2005 | BC PARTNERS | FITNESS FIRST | UNITED KINGDOM | Hospitality |
| 07/2005 | COLONY CAPITAL | BUFFALO GRILL | FRANCE | Restaurants / Chains |
| 05/2005 | BLACKSTONE | MERLIN ENTERTAINMENTS | UNITED KINGDOM | Parks & Ski Resorts |
| 03/2004 | BLACKSTONE | EXTENDED STAY AMERICA | UNITED STATES | Hotels & Accommodation |
REFERENCES
Revenue range: REV €5–25M
EBITDA range: €5–25M
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.
Target: homair vacances
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