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05/2019

NORD COFFRAGE acquired by INITIATIVE & FINANCE

FRANCE Industrial Services / Equipment Rental EV 20M - 50M EUR

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 in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level as low as the average currently observed in the Business Services sector (11.3x).

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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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
2017

Other operations with NORD COFFRAGE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
02/2021NORD COFFRAGERENTMAT BTPFRANCEEquipment Rental

REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 25M - 50M EUR

EBITDA range: 5M - 25M EUR

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