MICHAUD LOCATION acquired by KILOUTOU
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 in 2017, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.6x).
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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.
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Historical Financials (EUR)
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REFERENCES
Revenue 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: kiloutou