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01/2022

METALMECCANICA SPAGGIARI acquired by ENDEAVOUR

ITALY Industrial Equipment / Special Machinery / Lifting & Handling REV 5M - 25M EUR

Context

Endeavour has signed a binding agreement to acquire a majority stake in Metalmeccanica Spaggiari from the founding family. The transaction facilitates a generational transition for the company. While the family members sold a significant portion of their holdings, the deal structure typically allows for some reinvestment or transition period. The new owners aim to professionalize the management and optimize operations to improve profitability, which currently stands at a modest level relative to revenues. The acquisition was supported by legal and financial advisors for both parties.

METALMECCANICA SPAGGIARI, 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 Industry & Manufacturing sector (11.6x).

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

Based in Italy, Metalmeccanica Spaggiari specializes in the design and manufacturing of integrated solutions for the lifting, transport, and storage of Corporate materials. Its product range includes overhead cranes, jib cranes, and automated storage systems used in manufacturing and logistics. The company is a historic family-owned SME with sales of EUR5.7 million.

Ent. Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2021
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2020
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REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

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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).