NORD COFFRAGE acquired by INITIATIVE & FINANCE
Context
Initiative & Finance and Turenne Groupe acquired a majority stake in Nord Coffrage to support its national expansion. Under the leadership of the founder and a reinforced management team, the goal was to capitalize on the Grand Paris projects and densify the regional agency network (Lille, Paris, Lyon, Nantes).
NORD COFFRAGE, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, a level twice as low as the average currently observed in the Business Services sector (11.4x).
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Target
A leading French specialist in the rental and sale of formwork systems, shoring, and safety equipment for construction and civil engineering. The company serves major construction groups (Bouygues, Vinci, Eiffage) for complex concrete structures.
Ent. Value
€20–50M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with NORD COFFRAGE
Other operations with NORD COFFRAGE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2021 | NORD COFFRAGE | RENTMAT BTP | FRANCE | Equipment Rental |
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REFERENCES
Valuation range: EV €20–50M
Revenue range: €25–50M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NORD COFFRAGE by INITIATIVE & FINANCE 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.
Target: nord coffrage
Acquirer: initiative & finance