LES VEDETTES DE PARIS acquired by OUEST CROISSANCE
Context
Ouest Croissance acquired a minority stake in Vedettes de Paris to support the company's investment plan. The key objective was the electrification of the fleet (hybrid/electric boats) and the renovation of docking infrastructures to meet new environmental standards and enhance the tourist experience.
LES VEDETTES DE PARIS, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).
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Target
Les Vedettes de Paris operates as a maritime hospitality and leisure company specializing in the execution of sightseeing cruises and nautical excursions on the Seine River. The company's commercial business model centers on the exploitation and maintenance of a proprietary passenger vessel fleet, monetized through high-margin ticket sales for cultural tours, standard passenger transport, and the private chartering of vessels for corporate functions, gala dinners, and premium private events. The organization maintains a strategic, high-barrier-to-entry mooring infrastructure situated directly at the base of the Eiffel Tower, securing immediate exposure to primary global tourist flows.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 5M - 25M EUR
EBITDA range: 0M - 5M EUR
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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.
Press release: view release
Target: les vedettes de paris
Acquirer: ouest croissance