LOCABOX acquired by THE CARLYLE GROUP
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 [members only] in 2022, 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).
-> 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
€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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REFERENCES
Revenue range: €5–25M
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