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MATERIEL VELO

Acquired by

GARIBALDI PARTICIPATIONS / SOCIETE GENERALE CAPITAL PARTENAIRES

FRANCE Retail EV [1m EUR - 100m EUR] 07/2021

Target

MATERIEL VELO

Acquirer

GARIBALDI PARTICIPATIONS / SOCIETE GENERALE CAPITAL PARTENAIRES

Context

To support its aggressive growth strategy and double its size within five years, Groupe Materiel-Velo reorganized its equity structure by welcoming Garibaldi Participations as a new key shareholder. The company had been backed by Societe Generale Capital Partenaires (SGCP) since 2012, who accompanied the initial transformation from a pure web player to a physical retailer. This new round of funding is designed to accelerate the deployment of the group's "cross-channel" strategy, financing the opening of new physical showrooms while upgrading digital logistics. The management team remains at the helm, capitalizing on the strong post-pandemic momentum in the cycling market.

The transaction values MATERIEL VELO at an EV/Revenue multiple of LOGIN.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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.

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Target

Established in 2004 as a pioneering "pure-player" in online cycling retail, Groupe Materiel-Velo has evolved into a leading French omnichannel distributor for cycling enthusiasts. Headquartered near Lyon, the company operates a hybrid model combining a high-traffic e-commerce platform (MV.com) with a growing network of nine company-owned physical stores spread across France (with a new opening planned in Colmar). The group specializes in the premium segment, retailing high-end bicycle brands such as Pinarello, Trek, BMC, Assos, and Castelli.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2021
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2020
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Other operations with MATERIEL VELO

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.