At what enterprise value was ISNARD GROUPE acquired in 2024?

During the acquisition of ISNARD GROUPE by CEREA PARTNERS in 2024, the transaction's Enterprise Value is estimated to be in the range of 20M - 50M EUR.

When was ISNARD GROUPE acquired by CEREA PARTNERS?

ISNARD GROUPE was acquired by CEREA PARTNERS in 2024.

What was the revenue of ISNARD GROUPE at the time of the deal?

The revenue of ISNARD GROUPE at the time of the deal is estimated to be in the range of 25M - 50M EUR.

How is the data for the ISNARD GROUPE 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 ISNARD GROUPE 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://finaxeed.com/cerea-partners-acquiert-isnard-groupe/

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.6x.

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Home Database Industry & ManufacturingISNARD GROUPE

07/2024

ISNARD GROUPE acquired by CEREA PARTNERS

FRANCE Chemicals & Materials / Specialty Chemicals / Flavors & Fragrances EV 20M - 50M EUR

Context

Cerea Partners acquired a majority stake (approximately two-thirds) in Isnard Groupe, valuing the company between EUR30 million and EUR40 million. The transaction is a classic "Primary LBO" (first time opening capital to PE). The deal involves recruiting a new external CEO to lead operations. Financing was secured through a senior debt package in two tranches.

ISNARD GROUPE, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Based in Grasse (the historic epicenter of the global perfume industry), Isnard Groupe has operated for over 60 years as a critical link in the fragrance and flavor supply chain. Originally a transporter of alcohol, the company evolved under Claude Isnard into a specialized distributor of solvents and alcohols essential for the extraction of natural essences. Beyond distribution, Isnard has diversified into high-value-added services, offering custom contract manufacturing ("façonnier") and packaging solutions for international clients and smaller niche brands.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2023

2022

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REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ISNARD GROUPE by CEREA PARTNERS 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.

Acquirer: cerea partners