mynth
06/2006

IPH GROUP acquired by INVESTCORP

FRANCE Industrial Services / Industrial & Technical Distribution REV 250M - 500M EUR

Context

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. At the time of the acquisition, IPH was primarily focused on the French market, with specialized networks catering to the technical distribution needs of industrial maintenance, repair, and production activities. The investment was part of Investcorp's strategy to partner with companies that have a strong domestic market position and significant consolidation potential. From the outset, the fund worked closely with the management team, led by Pierre Pouletty, to implement an ambitious external growth program designed to expand the group's geographic footprint and enhance its product and service offerings. During the holding period, Investcorp supported several strategic acquisitions that enabled IPH to establish a presence in Germany, the Netherlands, Belgium, and Romania, gradually transforming the company into a European industrial distribution platform.

IPH GROUP, which reported an EBITDA margin of in 2006, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.5x).

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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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2006
2005

Other operations with IPH GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2017ADVENT INTERNATIONALIPH GROUPFRANCEIndustrial & Technical Distribution
03/2013PAI PARTNERSIPH GROUPFRANCEIndustrial & Technical Distribution

REFERENCES

Revenue range: 250M - 500M EUR

EBITDA range: 5M - 25M 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 INVESTCORP 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.

Press release: view release

Acquirer: investcorp