mynth
01/2026

NOVARC acquired by MANAGEMENT & PRIVATE INVESTORS

FRANCE Industrial Equipment / Components EV 500M - 1.5b EUR

Context

The industrial group specializing in safety equipment for electrical environments has been acquired in its entirety by the founding family and employees, offering an exit route for Capza, Bpifrance, BNP Paribas, and Casra Capital. The buy-back is financed through bank debt and family equity. The exit provides a strong return for Capza, as the company doubled its size during their 5-year tenure through organic growth and 10 acquisitions.

It is worth noting that the fund Capza took control of Novarc through an LBO in 2021.

NOVARC, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Novarc is a French Corporate group specializing in safety equipment for electrical environments and maintenance products. It operates through three divisions: "Safety" (insulating gloves, helmets, and tools for working on live wires), "Networks" (equipment for electrical, rail, and telecom grids), and "Motion & Industry" (chemicals and cleaning products for automotive and Corporate maintenance).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

Other operations with NOVARC

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
07/2021CAPZANOVARCFRANCEComponents

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NOVARC by MANAGEMENT & PRIVATE INVESTORS 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: novarc