At what enterprise value was IMA GROUP acquired in 2023?

During the acquisition of IMA GROUP by BDT & MSD PARTNERS in 2023, 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 3b - 100b 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of IMA GROUP when it was acquired by BDT & MSD PARTNERS?

The estimated EV/EBITDA multiple for IMA GROUP is in the range of 15x - 25x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was IMA GROUP acquired by BDT & MSD PARTNERS?

IMA GROUP was acquired by BDT & MSD PARTNERS in 2023.

What was the revenue of IMA GROUP at the time of the deal?

The revenue of IMA GROUP at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of IMA GROUP during the acquisition?

IMA GROUP's EBITDA is estimated to be in the range of 250M - 500M 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 IMA GROUP 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 IMA GROUP 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.bcpartners.com/news/ima-group-announces-strategic-investment-from-bdt-msd-partners/

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Home Database Industry & ManufacturingIMA GROUP

07/2023

IMA GROUP acquired by BDT & MSD PARTNERS

ITALY Industrial Equipment / Special Machinery / Robotics & Automation EV 3b - 100b EUR

Context

BDT & MSD Partners has agreed to acquire a significant minority stake in IMA S.p.A., purchasing the entire 45% holding from private equity firm BC Partners. The founding Vacchi family will retain its majority ownership, controlling the remaining 55% of the company. This transaction marks a successful exit for BC Partners, which had partnered with the Vacchi family to take IMA private from the Milan stock exchange in 2020. During BC Partners' co-ownership, IMA executed several bolt-on acquisitions, enhanced its R&D capabilities, and achieved substantial growth in revenue and profitability. The new partnership with BDT & MSD Partners is designed to launch IMA's next phase of growth. The primary strategic rationale is to leverage BDT & MSD's expertise and long-term capital to accelerate IMA's international expansion, with a particular focus on the U.S. market. Furthermore, the investment will support IMA's leadership ambitions in the transition toward sustainable packaging materials and innovative, eco-friendly solutions, aligning with increasing customer demand for reduced environmental impact. The transaction underscores BDT & MSD's investment philosophy of providing aligned, long-term capital to successful family-controlled enterprises to help them achieve their strategic objectives.

It is worth noting that the fund Bc Partners took control of Ima Group through an LBO in 2021.

IMA GROUP, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

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

IMA Group (Industria Macchine Automatiche S.p.A.) operates as a global industrial manufacturer specializing in the design, engineering, and manufacture of automatic machines and complete lines for processing and packaging. The company's commercial business model centers on supplying highly automated, high-precision processing technologies and packaging systems to a diversified international client base. The group maintains a massive operational footprint across specialized consumer and healthcare end-markets, specifically within the pharmaceutical, food, beverage, cosmetics, and personal care sectors.

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Other operations with IMA GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
02/2026	IMA GROUP	PROSYS	IRELAND	Life Sciences	IMA Group acquired a majority stake in ProSys Sampling Systems Limited from its co-founder and Treysa Limited. The transaction is a core component of IMA's international growth strategy, aiming to strengthen its "IMA Life" division by integrating specialized containment and sampling expertise
02/2021	BC PARTNERS	IMA GROUP	ITALY	Industrial Equipment	BC Partners, a leading pan-European private equity firm, partnered with the incumbent Vacchi family to orchestrate the take-private of IMA S.p.A., a global leader in packaging machinery previously listed on the Milan stock exchange

REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of IMA GROUP by BDT & MSD PARTNERS 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).

Target: ima group

Acquirer: bdt & msd partners