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06/2024

LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION acquired by AMDG PE

FRANCE Transport & Logistics / Passenger Transport / Marine Passenger REV 5M - 25M EUR

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 in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LA COMPAGNIE DU GOLFE ET DE LA NAVIGATION by AMDG PE 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: amdg pe