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 LOGIN in 2006, 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 (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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EV / EBITDA

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Historical Financials (EUR)

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2006
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2005
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Other operations with IPH GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2017ADVENT INTERNATIONALIPH GROUPFRANCEIndustrial 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

03/2013PAI PARTNERSIPH GROUPFRANCEIndustrial 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

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: 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: investcorp