At what enterprise value was MY PIE acquired in 2024?

You can find the full valuation details of MY PIE on mynth capital. 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 AgriFood industry currently tracks an average EBITDA multiple of 10.7x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of MY PIE when it was acquired by ARDIAN?

The exact EV/EBITDA multiple for MY PIE is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.7x. Join our community for free to access full valuation data and industry trends.

When was MY PIE acquired by ARDIAN?

MY PIE was acquired by ARDIAN in 2024.

What was the revenue of MY PIE at the time of the deal?

The revenue of MY PIE at the time of the deal is estimated to be in the range of 10M - 30M EUR. 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 MY PIE 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 MY PIE 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.ardian.com/fr/actualites-perspectives/communiques-de-presse/ardian-entre-au-capital-de-my-pie-leader-francais-du

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Home Database AgriFoodMY PIE

02/2024

MY PIE acquired by ARDIAN

FRANCE Food Processing / Food Products REV 10M - 30M EUR

Context

Ardian Growth entered into a primary partnership with the founders of My Pie through a minority equity investment. This transaction is designed to provide the company with the structural support needed for its next phase of scaling. The strategic roadmap focuses on maintaining its current growth trajectory within the French retail market (GMS) while accelerating diversification into the out-of-home catering (RHF) sector and initiating international expansion. Ardian will actively support the management in optimizing the company's organizational structure, digitalizing operations, and leveraging Ardian's global network to establish My Pie as a European leader in the hot snacking industry.

MY PIE, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (10.7x).

-> Deep-dive in AgriFood market trends

Target

Founded in 2015, My Pie is the French leader in the hot snacking segment for large retail chains (GMS). The company offers a turnkey solution combining compact heating displays and a range of 100% natural, "Made in France" snacks (savory pies, quiches). It operates its own automated production site and manages a nationwide distribution network through partnerships with major supermarket banners.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2023

2022

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
03/2024	CAMPBELL SOUP COMPANY	SOVOS BRANDS	UNITED STATES	Food Products
03/2024	CVC	PARTNER IN PET FOOD (PPF)	HUNGARY	Petfood
02/2024	INVESTINDUSTRIAL / SAMMONTANA	FORNO D’ASOLO	ITALY	Bakery / Pastry
12/2023	THE FERRERO GROUP	MICHEL ET AUGUSTIN	FRANCE	Food Products
11/2023	DBAY ADVISORS	FINSBURY FOOD GROUP	UNITED KINGDOM	Food Products
11/2023	COCA-COLA HBC	FINLANDIA VODKA	FINLAND	Wines & Spirits
11/2023	TERRENA	TIPIAK	FRANCE	Dairy
10/2023	NOLET GROUP	LUCAS BOLS COMPANY	NETHERLANDS	Wines & Spirits
09/2023	THE J.M. SMUCKER CO.	HOSTESS BRANDS, INC.	UNITED STATES	Food Products
08/2023	GROUPE AVRIL	HARI&CO	FRANCE	Food Products

REFERENCES

Revenue range: 10M - 30M EUR

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

Press release: view release

Acquirer: ardian