HUNE acquired by LOXAM
Context
The acquisition of Hune by Loxam is a strategic move to consolidate the European equipment rental market and expand Loxam's presence in the Iberian region. The deal enables Loxam to strengthen its market position in Spain and Portugal, and to extend its geographical reach to new markets such as Saudi Arabia and Colombia. The acquisition is expected to generate significant synergies, both in terms of cost savings and revenue growth, as Loxam is able to leverage Hune's network of agencies and customer base to expand its own operations. The deal also provides Loxam with access to new markets and customers, and enables the company to offer a more comprehensive range of equipment and services to its customers. The strategic rationale behind the acquisition is to create a leading European equipment rental company, with a strong presence in key markets and a wide range of equipment and services to offer to customers. The acquisition is also expected to drive growth and expansion for Loxam, as the company is able to capitalize on new opportunities and markets. The deal is a key milestone in Loxam's strategy to become a leading global equipment rental company, and is expected to have a significant impact on the company's future growth and development.
HUNE, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with 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.
-> Deep-dive in Business Services market trends
Target
Hune is a leading equipment rental company in Spain, operating a network of 43 agencies, with 35 located in Spain, and additional presence in Portugal, France, Saudi Arabia, and Colombia. The company has a strong market position in the Iberian region, providing a wide range of equipment and services to the construction, industrial, and public works sectors. With a history of operations in the region, Hune has established a solid reputation for quality and reliability, and has been a key player in the Spanish equipment rental market. The company's services include equipment rental, sales, and maintenance, as well as related services such as training and consulting. Hune's extensive network of agencies and wide range of equipment offerings enable it to provide comprehensive solutions to its customers, making it a preferred partner for many construction and industrial companies in the region.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in Business Services
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 05/2017 | ADVENT INTERNATIONAL | IPH GROUP | FRANCE | Industrial Services | Advent International has acquired IPH from PAI Partners as part of a private equity transaction aimed at creating a leading European distributor of industrial supplies. The deal follows several years of steady growth under PAI's ownership, during which IPH was transformed into a pan-European B2B technical distribution platform |
| 05/2017 | ARDIAN | ASSYSTEM GLOBAL PRODUCT SOLUTIONS | FRANCE | Industrial Services | Assystem entered into an agreement to sell a majority stake in its Global Product Solutions (GPS) division to Ardian. The transaction was structured as a carve-out where GPS was transferred to a new entity controlled by Ardian |
| 04/2016 | ARDIAN | TRIGO | FRANCE | Industrial Services | Ardian entered into exclusive negotiations with IK Investment Partners to acquire a majority stake in Trigo Group. The transaction was structured as a partnership with the existing management team, which remained in place to drive the next phase of development |
| 12/2015 | KKR | LGC GROUP | UNITED KINGDOM | Industrial Services | KKR has signed a definitive agreement to acquire LGC Group from the private equity firm Bridgepoint. This secondary LBO marks a transition for LGC following its ownership by Bridgepoint, which acquired the company in 2010 |
| 12/2015 | BRIDGEPOINT | ELEMENT MATERIALS TECHNOLOGY | UNITED KINGDOM | Industrial Services | Bridgepoint has acquired a majority stake in Element Materials Technology from 3i Group and its managed funds. This secondary LBO marks the end of a highly successful five-year partnership with 3i, during which Element nearly trebled its revenue and quadrupled its EBITDA through 10 strategic acquisitions |
| 10/2015 | MBO+ | EMAGINE | DENMARK | Industrial Services | The deal involves the opening of EMAGINE's capital to MBO PARTENAIRES, allowing the company to take independence from its former parent group GFT. The transaction is led by EMAGINE's management team, led by Jean-François Bodin, who become majority shareholders |
| 09/2015 | SPRINGWATER CAPITAL | IMTECH ESPAÑA | SPAIN | Industrial Services | The acquisition of Imtech España by Springwater Capital is a strategic move to create a national engineering services champion in Spain with a critical size to compete internationally. The transaction is subject to approval of the Spanish merger authorities |
| 12/2013 | SOCOTEC | ATS | FRANCE | Industrial Services | Socotec has finalized the 100% acquisition of ATS and its international subsidiaries in Italy and China from its founding directors. This transaction represents a strategic build-up for Socotec, which has been operating under a secondary LBO backed by Cobepa and Five Arrows Managers for approximately one year |
| 03/2013 | PAI PARTNERS | IPH GROUP | FRANCE | Industrial Services | In late 2012, PAI Partners signed an agreement to acquire IPH Group from Investcorp as part of a buyout transaction aimed at supporting the European industrial supplies distributor's next phase of development |
| 12/2012 | COBEPA | SOCOTEC | FRANCE | Industrial Services | Cobepa and Five Arrows Managers have successfully completed a secondary LBO to acquire the majority stake in Socotec from Qualium Investissement. This transaction represents a strategic transition for the organization, marked by the early exit of the previous shareholder through a private, bilateral negotiation |
REFERENCES
Revenue range: 50M - 100M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HUNE by LOXAM are reserved for mynth community members. Register for free to unlock full data.
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).
Press release: view release
Acquirer: loxam