KDM HIRE acquired by KILOUTOU
Context
Kiloutou has once again successfully expanded its European footprint through the acquisition of 100% of the shares in KDM Hire, marking its first entry into the Irish market. This strategic move represents the group's tenth acquisition within a fifteen-month window, underscoring an aggressive international consolidation strategy led by Olivier Colleau. Previously owned by its founders and management team, the Irish entity operates across both Northern Ireland and the Republic of Ireland, serving a diverse clientele including construction majors, pharmaceutical companies, and event organizers. The transaction allows the local management team to remain involved by reinvesting at the group level, ensuring operational continuity and the preservation of regional expertise. For Kiloutou’s majority shareholders, HLD and Dentressangle, the integration of this ninth national market is a critical step toward the 2030 objective of generating more than half of total revenue outside of France. By integrating a network of strategically located agencies and a large equipment fleet, the group strengthens its proximity to major industrial hubs in Belfast, Dublin, and Cork. This expansion aligns with the broader goal of achieving a top-three market position in every country of operation while diversifying its sectoral exposure to resilient industries.
The acquisition of Kdm Hire is part of the growth strategy of Kiloutou, which already has several external growth operations under its belt, notably Froid Loc Services in 2025.
KDM HIRE, which reported an EBITDA margin of LOGIN in 2024, 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
KDM Hire is a prominent equipment rental organization operating across both Northern Ireland and the Republic of Ireland. The entity provides a comprehensive range of plant, tools, and specialized machinery to a diverse client base, including major construction contractors, pharmaceutical groups, and event organizers. Its value proposition centers on high equipment availability and localized service delivery through a strategic network of regional hubs. The organization’s strategy involves supporting large-scale infrastructure projects and industrial maintenance requirements with modern, reliable equipment. By maintaining a presence in key economic centers, the firm ensures responsive logistics and technical support for its multi-sector partners. The organization serves as a critical link in the regional supply chain, enabling flexible asset management for businesses involved in civil engineering, facility management, and high-tech manufacturing.
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Historical Financials (GBP)
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REFERENCES
Revenue range: 25M - 50M GBP
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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).
Acquirer: kiloutou