At what enterprise value was IPH GROUP acquired in 2017?

During the acquisition of IPH GROUP by ADVENT INTERNATIONAL in 2017, 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 1b - 4b 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 Business Services industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of IPH GROUP when it was acquired by ADVENT INTERNATIONAL?

The estimated EV/EBITDA multiple for IPH GROUP is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was IPH GROUP acquired by ADVENT INTERNATIONAL?

IPH GROUP was acquired by ADVENT INTERNATIONAL in 2017.

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

The revenue of IPH GROUP at the time of the deal is estimated to be in the range of 750M - 1.3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of IPH GROUP during the acquisition?

IPH GROUP's EBITDA is estimated to be in the range of 100M - 200M 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 IPH 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 IPH 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.paipartners.com/mediaitem/pai-partners-enter-exclusive-negotiations-acquisition-iph/

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Home Database Business ServicesIPH GROUP

05/2017

IPH GROUP acquired by ADVENT INTERNATIONAL

FRANCE Industrial Services / Industrial & Technical Distribution EV 1b - 4b EUR

Context

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. The acquisition is part of Advent's sector consolidation strategy, which previously involved taking UK-based distributor Brammer private. The goal was to merge the two groups, creating a premier European player with combined revenues exceeding €2.1 billion. The two companies' operations exhibited strong geographic complementarity and converging product and service offerings. Through this transaction, Advent aimed to establish a pan-European platform capable of addressing the growing needs of industrial customers in terms of procurement, maintenance, and supply chain optimization. The combination of IPH and Brammer was expected to generate commercial, operational, and logistical synergies while strengthening negotiating power with international suppliers.

Iph Group had already undergone several LBOs in the past, notably in 2006 with Investcorp and in 2013 with Pai Partners. This succession of buyouts highlights the strong attractiveness of the company's business model.

IPH GROUP, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (10.9x).

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

IPH Group is a leading European distributor of industrial supplies and technical solutions for manufacturing companies, industrial maintenance operators, and engineering professionals. Founded in 1987, the group has evolved around a multi-brand model, leveraging strongly established national networks in their respective markets. The company offers a broad range of technical products, including bearings, mechanical transmission, pneumatic and hydraulic equipment, tools, personal protective equipment, and supplies for industrial maintenance and production. Its value proposition is built on close proximity to industrial customers, specialized technical support, and the ability to deliver tailored solutions that meet the operational needs of its clients.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
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
06/2006	INVESTCORP	IPH GROUP	FRANCE	Industrial Services	Investcorp acquired IPH through a leveraged buyout transaction aimed at accelerating the growth of a French industrial supply distribution player and transforming it into a pan-European leader in the sector

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 100M - 200M EUR

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

Acquirer: advent international