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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 LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN as low as the average currently observed in the Business Services sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2018
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2017
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Other operations with NORD COFFRAGE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
02/2021NORD COFFRAGERENTMAT BTPFRANCEIndustrial Services

Nord Coffrage acquired Rentmat BTP to solidify its national presence. Following the acquisition of Gradel in 2019, this deal allowed the group to cross the EUR40M revenue milestone. Yann Vuillaumier, Rentmat's founder, reinvested significantly in the group and was appointed Managing Director to lead operations alongside its President.

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: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: nord coffrage

Acquirer: initiative & finance