MATELEV acquired by ACCES INDUSTRIE
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)
Similar deals in Industrial Services
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2020 | BOELS RENTAL | CRAMO | FINLAND | Equipment Rental |
| 12/2019 | CLAYTON, DUBILIER & RICE (CD&R) | SOCOTEC | FRANCE | TIC (Testing, Inspection, Certification) |
| 09/2019 | EQUISTONE | ACCES INDUSTRIE | FRANCE | Equipment Rental |
| 08/2019 | EQUISTONE / SAGARD | VULCAIN INGENIERIE | FRANCE | Engineering & Consulting |
| 08/2019 | JACOBS | JOHN WOOD NUCLEAR | UNITED KINGDOM | Engineering & Consulting |
| 07/2019 | BLACKSTONE | CRH EUROPE DISTRIBUTION | NETHERLANDS | Industrial & Technical Distribution |
| 06/2019 | GROUPE BERTO | GROUPE TDS (TRANSPORTS DEPLACEMENTS SERVICES) | FRANCE | Equipment Rental |
| 06/2019 | LOXAM | RAMIRENT | FINLAND | Equipment Rental |
| 05/2019 | INITIATIVE & FINANCE | NORD COFFRAGE | FRANCE | Equipment Rental |
| 05/2019 | ACCES INDUSTRIE | NOVELIS | FRANCE | Equipment Rental |
REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 5M - 25M EUR
EBITDA range: 0M - 5M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: acces industrie