mynth
← DATABASE
06/2005

BARCLAYS PRIVATE EQUITY & NATEXIS INDUSTRIE take majority stake in MAISONS DU MONDE

FRANCE Retail / Specialized Retail / Home & DIY EV 100M - 350M EUR

Context

The transaction involves a joint acquisition of Maisons du Monde by Barclays Private Equity and Natexis Industrie through a management buyout (MBO), with the goal of supporting the company's next phase of growth. The deal takes place as the business is experiencing sustained growth momentum, driven by the expansion of its store network and the strengthening of its brand reputation in the mass market home decor sector. The objective of the transaction is to support the accelerated development of the store network (currently comprising 132 outlets), with a steady pace of openings in France and Europe, as well as the gradual structuring of international operations. The company aims to continue its upward trajectory by capitalizing on its unique positioning in accessible and inspiring home decor. The financing structure is based on a balance between equity and senior debt arranged by a banking syndicate, supplemented by a mezzanine tranche that enhances the leverage effect while maintaining sufficient financial flexibility to support growth. This financing scheme is well-suited to a rapidly expanding business with improving cash flow generation.

MAISONS DU MONDE, which reported an EBITDA margin of LOGIN in 2005, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Retail & Consumer market trends

Target

Founded in 1996 by Xavier Marie, Maisons du Monde is a specialty retailer of home decor and furniture, catering to the mass market across all areas of the home. The company has developed a unique concept that combines international inspiration, frequent collection updates, and affordable pricing, enabling it to appeal to a broad customer base seeking diverse decorative styles. The brand offers a highly diversified range of products, including furniture, decorative items, textiles, and accessories for both indoor and outdoor spaces. Its business model is built on a strong international sourcing capability and a curated selection of products inspired by global trends, which are regularly refreshed to maintain a high level of in-store appeal. This approach sets Maisons du Monde apart from more traditional players in the furniture sector.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2005
LOGIN
LOGIN
LOGIN
2004
LOGIN
LOGIN
LOGIN

Other operations with MAISONS DU MONDE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2016PUBLIC MARKETS (IPO)MAISONS DU MONDEFRANCERetail

Maisons du Monde successfully completed its initial public offering (IPO) on Euronext Paris in May 2016, marking a key milestone in the group's evolution following several leveraged buyout (LBO) cycles

06/2013BAIN CAPITALMAISONS DU MONDEFRANCERetail

The transaction marks the sale of Maisons du Monde to Bain Capital, following a competitive process involving several private equity players, including Axa Private Equity and PAI Partners. LBO France, Apax Partners, and NiXEN Partners, which had held a stake in the group since the secondary LBO in 2008, are divesting their interest in this deal, while management retains a significant stake to ensure strategic and operational continuity

04/2007APAX PARTNERS / LBO FRANCEMAISONS DU MONDEFRANCERetail

Apax Partners and LBO France have formed a 50-50 consortium to acquire Maisons du Monde through a secondary leveraged buyout (LBO), following a competitive sale process. The transaction allows the two funds to take control of approximately 70% of the French home furnishings and decoration specialist's equity, succeeding the previous investor duo of Barclays Private Equity and Ixen, which had supported the company's initial growth phase

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MAISONS DU MONDE by BARCLAYS PRIVATE EQUITY / NATEXIS INDUSTRIE are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: maisons du monde