At what enterprise value was ITAL EXPRESS acquired in 2014?

You can find the full valuation details of ITAL EXPRESS on mynth capital. 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 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ITAL EXPRESS when it was acquired by AZULIS CAPITAL?

The exact EV/EBITDA multiple for ITAL EXPRESS is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was ITAL EXPRESS acquired by AZULIS CAPITAL?

ITAL EXPRESS was acquired by AZULIS CAPITAL in 2014.

What was the revenue of ITAL EXPRESS at the time of the deal?

The revenue of ITAL EXPRESS at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ITAL EXPRESS during the acquisition?

ITAL EXPRESS's EBITDA is estimated to be in the range of 0M - 5M 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 ITAL EXPRESS 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 ITAL EXPRESS 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.decideurs-magazine.com/finance/23262-le-fonds-azulis-rentre-au-capital-d-ital-express.html

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Home Database Business ServicesITAL EXPRESS

09/2014

AZULIS CAPITAL takes majority stake in ITAL EXPRESS

FRANCE B2B Specialized Distribution REV 10M - 30M EUR

Context

The acquisition of Ital Express by Azulis Capital represents a secondary buyout facilitating the exit of LFPI Gestion after a six-year holding period dedicated to stabilizing the asset's core revenue base and broadening its product perimeter into light commercial vehicles. The ownership transition is designed to pivot the company from historical organic stability toward an aggressive capital deployment phase, focused on consolidating the highly fragmented domestic automotive and agricultural aftermarket through programmatic M&A. The transaction is financed via a balanced capital structure comprising a senior debt facility arranged by Banque Palatine and Caisse d'Épargne, alongside a mezzanine debt layer provided by LFPI Mezzanine, maintaining a conservative leverage profile of 3.0x to 4.0x historical social EBITDA to safeguard operational cash flow. Management continuity is secured via a material equity roll-over by Chief Executive Officer Patrice Claverie, aligning leadership incentives with the post-acquisition strategy which targets immediate investments in web-based B2B procurement channels, international market penetration, and the execution of a qualified pipeline of domestic competitors.

It is worth noting that the fund Groupe Lfpi took control of Ital Express through an LBO in 2008.

ITAL EXPRESS, which reported an EBITDA margin of LOGIN in 2013, 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 (11.1x).

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

Ital Express functions as a pan-European procurement and distribution platform for automotive and commercial vehicle replacement components, engineered to capture margin expansion through international buy-and-build consolidation. The platform aggregates purchasing volumes across distinct country operations to secure volume-based discounts, preferential rebates, and direct sourcing lines with tier-one original equipment manufacturers, transforming purchasing scale into gross margin improvement. Operational workflows depend on unified warehouse management software and synchronized electronic catalogs, allowing the group to coordinate multi-location inventory levels, reduce dead stock, and maximize shipping density across its networks in France, Italy, and Switzerland.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
03/2026	ITAL EXPRESS	DIEDERICHS KAROSSERIETEILE	GERMANY	B2B Specialized Distribution	The exit of Diederichs’ historic founder concludes a multi-decade family ownership cycle, resolving the target's operational bottleneck where a lack of pan-European scale constrained its long-term purchasing leverage against consolidated buying groups. The combination provides Ital Express with an immediate 45 million euro operational footprint in Germany, scaling the platform's pro forma revenue run-rate to approximately 110 million euros while expanding its core product mix into high-margin collision categories
07/2024	ITAL EXPRESS	SIDEXPORT	ITALY	B2B Specialized Distribution	The acquisition of Sidexport represents a significant shift in ownership structure, transitioning from family governance to a pan-European platform, driven by the need for institutional integration to overcome operational constraints and enhance purchasing power. This transaction enables Ital Express to establish a substantial commercial presence in the highly fragmented Italian market, generating €30 million in revenue and positioning the company to achieve a pro forma revenue run-rate of over €100 million by 2025, while expanding into the high-margin vehicle body parts segment
05/2024	NAXICAP PARTNERS	ITAL EXPRESS	FRANCE	B2B Specialized Distribution	The buyout of Ital Express by Naxicap Partners represents the transition of the commercial vehicle parts platform into its sixth institutional LBO cycle, following a successful five-year holding period by Capza that saw the target successfully double its revenue base to €65 million. This corporate spin-off and recapitalization allow the incoming majority sponsor to acquire a stake of over 50% in the holding company, structured alongside a substantial equity roll-over from the incumbent CEO Patrice Claverie and his executive management team to maintain operational continuity
07/2019	CAPZA	ITAL EXPRESS	FRANCE	B2B Specialized Distribution	The buyout of Ital Express by Capza represents the transition of the commercial vehicle parts platform into its fifth institutional LBO cycle, marking a strict strategic shift toward programmatic cross-border M&A after a four-year holding period under Azulis Capital that focused exclusively on domestic organic expansion. This shareholding realignment involves the full exit of Société Générale Capital Partenaires, a partial equity roll-over from incumbent minor backers Azulis Capital and BNP Paribas Développement, and the entry of Crédit Agricole Nord-Est Partenaires to stabilize the funding structure
09/2008	GROUPE LFPI	ITAL EXPRESS	FRANCE	B2B Specialized Distribution	The acquisition of a majority stake in Ital Express by LFPI from CIC Finance represents a strategic ownership transition designed to unlock the next phase of the target's institutional growth after a highly successful three-year holding period that validated the scalability of its distribution model. The transaction secures full management continuity, with the leadership team reinvesting significantly alongside LFPI to capture fragmented market share in the industrial aftermarket distribution sector

REFERENCES

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ITAL EXPRESS by AZULIS CAPITAL 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).

Target: ital express

Acquirer: azulis capital