At what enterprise value was MAYER acquired in 2021?

During the acquisition of MAYER by REXEL in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of MAYER when it was acquired by REXEL?

The exact EV/EBITDA multiple for MAYER is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was MAYER acquired by REXEL?

MAYER was acquired by REXEL in 2021.

What was the revenue of MAYER at the time of the deal?

The revenue of MAYER at the time of the deal is estimated to be in the range of 750M - 1.3b USD. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the MAYER 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 MAYER 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.mayerelectric.com/Mayer-Announces-Transition-with-Sale-to-Rexel?srsltid=AfmBOoo-SyGwv4FZc2Y5mA-aAan06FNGsEsr1791_T8W9MLIwqXfBl30

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Home Database Business ServicesMAYER

10/2021

MAYER acquired by REXEL

UNITED STATES Industrial Services / Industrial & Technical Distribution EV 300M - 700M USD

Context

Rexel entered into a definitive agreement to acquire Mayer in a strategic move to significantly enhance its presence in the United States. The transaction is a key component of Rexel's growth strategy, which prioritizes strengthening its footprint in the North American market, the world's largest for electrical distribution. The acquisition was presented as being fully aligned with the objectives announced during Rexel's Capital Markets Day, signaling a return to bolt-on acquisitions in core markets. The combination is considered highly synergistic from a geographic perspective. Mayer's established network across the Southeast and Mid-Atlantic regions, including several high-growth states, is highly complementary to Rexel's existing operations, which is expected to enable a smooth integration process. For Rexel, the deal expands its market share and strengthens relationships with key suppliers in the region. For Mayer, becoming part of the Rexel group is expected to provide access to a broader suite of digital tools and platforms, designed to accelerate its digital sales capabilities, develop new service offerings, and improve overall operational efficiency. The acquisition was structured to be accretive to Rexel's earnings per share from the first year and value-creative from the second year forward, driven by anticipated synergies.

MAYER, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (10.9x).

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.

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Target

Mayer is a prominent American distributor of electrical products, services, and solutions. Founded in 1930 and headquartered in Birmingham, Alabama, the company has established itself as a significant player in the electrical supply industry, particularly in the eastern United States. For decades, it was a family-owned enterprise held by the Collat family, fostering a culture centered on customer service and deep industry relationships. The company's business model is focused on serving a diverse clientele, primarily within the commercial and industrial end-markets. It acts as a critical intermediary, supplying electrical contractors, industrial facilities, and commercial businesses with a comprehensive portfolio of products needed for construction, renovation, and maintenance projects. As of late 2021, Mayer's operational infrastructure consisted of 68 branch locations spread across 12 states, with a particularly strong presence in Alabama, Florida, Georgia, and Pennsylvania. The company's workforce numbered approximately 1,200 employees. Its long-standing reputation is built on reliability, extensive product availability, and providing technical support to its customers, making it a key partner in the regional electrical supply chain.

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REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 750M - 1.3b USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MAYER by REXEL 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).

Press release: view release

Target: mayer

Acquirer: rexel