LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION acquired by AMDG PE
Context
The maritime group La Compagnie du Golfe et de la Navigation (CGN), which owns the iconic brands Les Bateaux Verts and Vedettes Iles d'Or, completes a new LBO ("LBO Bis"). The founder and CEO, Denis Robert, reorganizes the capital structure by bringing in AMDG Private Equity as a strategic partner, alongside Smalt Capital. This operation allows the exit of previous financial backers and provides the group with resources to accelerate its energy transition (hybridization of the fleet) and consolidate its leadership in the Var tourism market.
LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).
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Target
A leading maritime transport group in the French Riviera (Var), formed by Denis Robert. It operates two major entities: Les Bateaux Verts (regular shuttles in the Gulf of Saint-Tropez) and VedettesIles d'Or (excursions to Porquerolles/Port-Cros from Le Lavandou). The group manages a fleet of approx. 35 vessels.
Ent. Value
€5–25M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
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|---|---|---|---|---|
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| 09/2024 | DSV | SCHENKER | GERMANY | Freight Forwarding |
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| 04/2024 | INFRANITY | TRANSARC | FRANCE | Bus & Coach |
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| 02/2024 | GXO | WINCANTON | UNITED KINGDOM | Warehousing / 3PL |
| 02/2024 | Grimaldi Group | Terminal Darsena Toscana (TDT) | ITALY | Infrastructure & Ground Services |
| 01/2024 | HIG CAPITAL | DX GROUP | UNITED KINGDOM | Road Freight |
| 12/2023 | ALASKA AIR GROUP | Hawaiian Airlines | UNITED STATES | Airlines |
| 11/2023 | ACEH (TRANSPORTS CHEMINAL) | TRANSPORTS DU VIVARAIS (TDV) | FRANCE | Road Freight |
REFERENCES
Revenue range: €5–25M
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: amdg pe