mynth
09/2019

MATELEV acquired by ACCES INDUSTRIE

FRANCE Industrial Services / Equipment Rental EV 10M - 30M EUR

Context

Acces Industrie acquired its fellow French rental peer Matelev to broaden its technical expertise and regional footprint. This was the first external growth operation since Parquest Capital took control of Acces Industrie in 2017. The acquisition integrated nearly 800 machines and a strong team into the group's network.

MATELEV, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Business Services sector (11.4x).

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Target

A regional specialist in the rental and sale of material handling and lifting equipment (aerial platforms, forklifts). Matelev primarily served Corporate and construction clients in the Centre-Val de Loire region.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
2016

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2020BOELS RENTALCRAMOFINLANDEquipment Rental
12/2019CLAYTON, DUBILIER & RICE (CD&R)SOCOTECFRANCETIC (Testing, Inspection, Certification)
09/2019EQUISTONEACCES INDUSTRIEFRANCEEquipment Rental
08/2019EQUISTONE / SAGARDVULCAIN INGENIERIEFRANCEEngineering & Consulting
08/2019JACOBSJOHN WOOD NUCLEARUNITED KINGDOMEngineering & Consulting
07/2019BLACKSTONECRH EUROPE DISTRIBUTIONNETHERLANDSIndustrial & Technical Distribution
06/2019GROUPE BERTOGROUPE TDS (TRANSPORTS DEPLACEMENTS SERVICES)FRANCEEquipment Rental
06/2019LOXAMRAMIRENTFINLANDEquipment Rental
05/2019INITIATIVE & FINANCENORD COFFRAGEFRANCEEquipment Rental
05/2019ACCES INDUSTRIENOVELISFRANCEEquipment Rental

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 MATELEV by ACCES INDUSTRIE 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: acces industrie