mynth
← DATABASE
09/2018

LES VEDETTES DE PARIS acquired by OUEST CROISSANCE

FRANCE Transport & Logistics / Passenger Transport / Marine Passenger EV 10M - 30M EUR

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).

-> Deep-dive in Business Services market trends

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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
2016

Similar deals in Transport & Logistics

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
12/2020EQT PARTNERSTORGHATTENNORWAYMarine Passenger
10/2020GENEOGROUPE BBLFRANCELogistics
05/2020SIPAREX / BPIFRANCEGROUPE TOP CHRONOFRANCELast Mile Delivery
01/2020CVCD-MARINGREECEInfrastructure & Ground Services
12/2019OAKTREE CAPITAL MANAGEMENTFORTIDIAITALYWarehousing / 3PL
09/2019MACSFSTAR SERVICEFRANCELast Mile Delivery
12/2018ARKEA CAPITAL / UNEXO / SOCADIFGROUPE MALHERBEFRANCERoad Freight
05/2018PAI PARTNERS / BARING PRIVATE EQUITYWORLD FREIGHT COMPANYFRANCEFreight Forwarding
01/2015GREENBRIAR EQUITY GROUPWORLD FREIGHT COMPANYFRANCEFreight Forwarding
01/2014ARDIANNHV GROUPBELGIUMTransport & Logistics

REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 5M - 25M 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 LES VEDETTES DE PARIS by OUEST CROISSANCE 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.

Press release: view release

Target: les vedettes de paris

Acquirer: ouest croissance