At what enterprise value was HOMAIR VACANCES acquired in 2014?

During the acquisition of HOMAIR VACANCES by THE CARLYLE GROUP in 2014, 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 300M - 700M 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 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of HOMAIR VACANCES when it was acquired by THE CARLYLE GROUP?

The estimated EV/EBITDA multiple for HOMAIR VACANCES is in the range of 5x - 12x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was HOMAIR VACANCES acquired by THE CARLYLE GROUP?

HOMAIR VACANCES was acquired by THE CARLYLE GROUP in 2014.

What was the revenue of HOMAIR VACANCES at the time of the deal?

The revenue of HOMAIR VACANCES at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of HOMAIR VACANCES during the acquisition?

HOMAIR VACANCES's EBITDA is estimated to be in the range of 25M - 50M 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 HOMAIR VACANCES 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 HOMAIR VACANCES 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.clearwatercf.com/fr-fr/experience/transactions/clearwater-conseille-les-actionnaires-de-homair-vacances-dans-la-cession-a-the-carlyle-group/

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Home Database Retail & ConsumerHOMAIR VACANCES

06/2014

HOMAIR VACANCES

Acquired by

THE CARLYLE GROUP

FRANCE Hospitality & Leisure / Hospitality / Hotels & Accommodation EV 300M - 700M EUR

HOMAIR VACANCES acquired by THE CARLYLE GROUP

FRANCE Hospitality & Leisure / Hospitality / Hotels & Accommodation EV 300M - 700M EUR

Context

The entry of The Carlyle Group as the new controlling shareholder of Homair Vacances marks the accelerating the consolidation of the fragmented European outdoor hospitality market. The operation is strategically synchronized with the simultaneous merger of the British competitor Eurocamp, a move that immediately doubles the group's operational scale and distribution capabilities. This industrial shift follows an eight-year value creation cycle under Montefiore Investment, which saw the target transition from a domestic specialist to a regional leader. The current partnership is designed to provide the massive financial resources required to export the "glamping" concept across new Mediterranean and Northern European territories. By focusing on premium site-specific services and a modernized digital booking ecosystem, the investors aim to capture the rising "value-for-money" tourism trend that favors high-yield outdoor assets over traditional hospitality infrastructure. While the new sponsor takes the lead, the previous majority owner maintains a significant minority stake to ensure management continuity and leverage its historical expertise in the sector. This secondary LBO highlights a broader trend of institutional capital professionalizing the leisure facility industry, aiming for superior margins through the institutionalization of mobile-home holiday management and international brand reinforcement.

HOMAIR VACANCES, which reported an EBITDA margin of LOGIN in 2014, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.4x).

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

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.

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Other operations with HOMAIR VACANCES

Date	Acquirer	Target	Country	Sector	Deal Context
06/2014	HOMAIR VACANCES	EUROCAMP	UNITED KINGDOM	Hospitality & Leisure	Founded in 1973, Eurocamp is a premier British tour operator specializing in self-catering outdoor holidays across Europe. The company operates a high-quality fleet of approximately 7,000 mobile homes and 1,500 luxury tents situated in 170 prime campsite locations. Eurocamp is renowned for its strong brand equity and deep penetration into the United Kingdom and Northern European markets, where it serves as a "top-of-mind" provider for family vacations. Its business model relies on long-term partnerships with independent campsite owners, offering curated outdoor experiences with dedicated on-site customer service. Strategically, the company bridges the gap between traditional camping and professional hospitality, maintaining a high-loyalty customer base through its extensive distribution network and focus on high-traffic tourist destinations in France, Italy, and Spain.
02/2006	MONTEFIORE INVESTMENT	HOMAIR VACANCES	FRANCE	Hospitality & Leisure	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.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M 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 THE CARLYLE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: the carlyle group