At what enterprise value was LOOPING GROUP acquired in 2023?

During the acquisition of LOOPING GROUP by PAI PARTNERS in 2023, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

What was the EV/EBITDA of LOOPING GROUP when it was acquired by PAI PARTNERS?

The estimated EV/EBITDA multiple for LOOPING GROUP is in the range of 10x - 18x.

When was LOOPING GROUP acquired by PAI PARTNERS?

LOOPING GROUP was acquired by PAI PARTNERS in 2023.

What was the revenue of LOOPING GROUP at the time of the deal?

The revenue of LOOPING GROUP at the time of the deal is estimated to be in the range of 150M - 250M EUR.

What was the EBITDA of LOOPING GROUP during the acquisition?

LOOPING GROUP's EBITDA is estimated to be in the range of 50M - 100M EUR.

How is the data for the LOOPING GROUP 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 LOOPING GROUP 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.paipartners.com/mediaitem/pai-partners-in-final-negotiations-to-acquire-the-looping-group-from-mubadala-capital/

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Home Database Retail & ConsumerLOOPING GROUP

05/2023

LOOPING GROUP acquired by PAI PARTNERS

FRANCE Hospitality & Leisure / Leisure Facilities EV 500M - 1.5b EUR

Context

PAI Partners has signed a definitive agreement to acquire a 75% majority stake in Looping Group from Mubadala Capital and Bpifrance. This transaction marks the fourth leveraged buyout for the group. The founding management team will retain a 25% minority interest and continue to lead the group’s ambitious growth strategy. The deal was supported by a 250 million euro unitranche financing package provided by Hayfin, representing a leverage multiple of approximately 4.5x EBITDA. The strategic rationale for the new partnership is to double the company’s size over the next five years through a combination of organic development and continued cross-border acquisitions, with a particular focus on strengthening the group’s footprint in Southern Europe.

In the past, the company had already been the subject of several LBOs, notably led by Apheon / Bpifrance in 2016 and Mubadala in 2019. This succession of buyouts highlights the strong attractiveness of the company's business model.

LOOPING GROUP, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the Retail & Consumer sector (11.2x).

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Target

Looping Group is a leading European operator of regional leisure parks, managing a diverse portfolio of eighteen sites including theme parks, aquariums, animal parks, and water parks across eight countries. The company’s business model centers on a "proximity and authenticity" strategy, targeting local families and tourists with accessible, high-quality entertainment. Key assets include the Zoo de la Flèche and Bagatelle in France, as well as Drayton Manor in the UK. The group’s value proposition is built on an active buy-and-build platform, acquiring well-established local brands and enhancing their performance through targeted investments in new attractions, high-end accommodation (lodges), and improved digital ticketing and catering services. By focusing on essential leisure activities near urban centers, Looping maintains high customer loyalty and a resilient revenue stream across diverse European geographies.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

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EBITDA

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2022

2021

Other operations with LOOPING GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2019	MUBADALA	LOOPING GROUP	FRANCE	Leisure Facilities
04/2016	APHEON (EX ERGON) / BPIFRANCE	LOOPING GROUP	FRANCE	Leisure Facilities
01/2011	HIG CAPITAL	LOOPING GROUP	FRANCE	Leisure Facilities

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 150M - 250M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LOOPING GROUP by PAI PARTNERS 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: looping group

Acquirer: pai partners