When was LOCABOX acquired by THE CARLYLE GROUP?

LOCABOX was acquired by THE CARLYLE GROUP in 2023.

What was the revenue of LOCABOX at the time of the deal?

The revenue of LOCABOX at the time of the deal is estimated to be in the range of 5M - 25M EUR.

How is the data for the LOCABOX acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the LOCABOX deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cfnews.net/L-actualite/LBO/Operations/LBO/Locabox-abrite-un-fonds-americain-462935

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Home Database Business ServicesLOCABOX

10/2023

LOCABOX acquired by THE CARLYLE GROUP

FRANCE Transport & Logistics / Logistics / Warehousing / 3PL REV 5M - 25M EUR

Context

The US private equity giant Carlyle Group has acquired the majority of the Locabox network (20 out of 25 centers) from its founding family, the Demonchy Group. This transaction marks Carlyle's entry into the French self-storage market, a sector consolidating rapidly. The operation is structured as a sale of assets/business, while the historical owners retain a minority scope of 5 centers in the South of France.

LOCABOX, which reported an EBITDA margin of in 2022, 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 (11.6x).

-> Deep-dive in Business Services market trends

Target

A historic French family-owned self-storage operator founded in 2005. It provides storage solutions (secure units) for individuals and businesses. Before the deal, the group operated a network of around 25 centers across France.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

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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 LOCABOX by THE CARLYLE GROUP 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: the carlyle group