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10/2018

MICHAUD LOCATION acquired by KILOUTOU

FRANCE Industrial Services / Equipment Rental REV €0–5M

Context

Kiloutou acquired Michaud Location to reinforce its network in the Alpes-de-Haute-Provence and Var departments. This tactical acquisition integrated 3 branches and approx. 15 employees. It allowed Kiloutou to recover a loyal local customer base and a well-maintained fleet of about 300 machines.

MICHAUD LOCATION, which reported an EBITDA margin of [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Michaud Location is a regional generalist rental company operating in South-Eastern France. The company provided a wide range of equipment (earthmoving, aerial platforms, small tools) with a strong local presence in the PACA region.

Ent. Value

€0–5M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
€0–5M
[members only]
[members only]
2016
€0–5M
[members only]
[members only]

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09/2018UNITED RENTALSBLUELINE RENTALUNITED STATESEquipment Rental
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06/2018WARBURG PINCUSSUPPLIER ASSESSMENT SERVICESUNITED KINGDOMTIC (Testing, Inspection, Certification)
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REFERENCES

Revenue range: €0–5M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MICHAUD LOCATION by KILOUTOU 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: kiloutou