At what enterprise value was IPH GROUP acquired in 2013?

During the acquisition of IPH GROUP by PAI PARTNERS in 2013, 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 300M - 700M 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 PAI PARTNERS?

The estimated EV/EBITDA multiple for IPH GROUP is in the range of 5x - 12x. 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 PAI PARTNERS?

IPH GROUP was acquired by PAI PARTNERS in 2013.

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 450M - 900M 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 50M - 100M 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-announces-the-signing-of-an-agreement-leading-to-the-acquisition-of-iph-from-investcorp/

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Home Database Business ServicesIPH GROUP

03/2013

IPH GROUP acquired by PAI PARTNERS

FRANCE Industrial Services / Industrial & Technical Distribution EV 300M - 700M EUR

Context

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. The deal, which was finalized in March 2013 after receiving the necessary regulatory approvals, marked the exit of Investcorp after nearly seven years of ownership and value creation. Under Investcorp's ownership, IPH underwent a significant transformation, evolving from a primarily French player to a pan-European B2B technical distribution platform. Through several strategic acquisitions in France, Germany, the Netherlands, Belgium, and Romania, the group substantially expanded its geographic presence and product and service offerings. Between 2006 and 2012, revenue grew from approximately €293 million to nearly €900 million, while EBITDA increased more than fivefold. With this acquisition, PAI Partners aims to continue the consolidation strategy initiated by its predecessor and accelerate IPH's European development in a still-fragmented market. The transaction is consistent with PAI's strategy of investing in sector leaders with strong positions in resilient markets, offering opportunities for external growth. The fund plans to support the company in expanding its network, enhancing its logistics capabilities, and pursuing targeted acquisitions across Europe.

It is worth noting that the fund Investcorp took control of Iph Group through an LBO in 2006.

IPH GROUP, which reported an EBITDA margin of LOGIN in 2012, 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
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
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 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA 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 IPH GROUP by PAI 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).

Press release: view release

Acquirer: pai partners