At what enterprise value was LJ TRUCKS acquired in 2026?

You can find the full valuation details of LJ TRUCKS 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of LJ TRUCKS when it was acquired by ORIGINE PARTNERS / BPIFRANCE?

The exact EV/EBITDA multiple for LJ TRUCKS is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was LJ TRUCKS acquired by ORIGINE PARTNERS / BPIFRANCE?

LJ TRUCKS was acquired by ORIGINE PARTNERS / BPIFRANCE in 2026.

What was the revenue of LJ TRUCKS at the time of the deal?

The revenue of LJ TRUCKS at the time of the deal is estimated to be in the range of 5M - 25M 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 LJ TRUCKS 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 LJ TRUCKS 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://presse.bpifrance.fr/origine-partners-et-bpifrance-accompagnent-laurent-ducoin-et-umberto-najar-dans-la-reprise-de-la-societe-lj-trucks/?lang=fra

← DATABASE

Home Database Industry & ManufacturingLJ TRUCKS

07/2026

ORIGINE PARTNERS & BPIFRANCE take majority stake in LJ TRUCKS

FRANCE Automotive / Manufacturers (OEM) / Heavy Duty & Special Vehicles REV 5M - 25M EUR

Context

Origine Partners, alongside Bpifrance, completed a management buy-in (MBI) of LJ Trucks to support the company's ownership transition to a new management team led by Laurent Ducoin and Umberto Najar. The transaction marks the company's first opening of its share capital to financial investors, while the founders remain shareholders to ensure a smooth ownership and management transition. The acquisition was financed through a combination of equity and senior debt provided by a banking syndicate led by CIC, with LCL and Caisse d'Épargne participating in the financing. The investment is intended to support the company's next phase of development through organisational strengthening, accelerated commercial expansion in France and across Europe, the formalisation of its ESG strategy, and the execution of targeted buy-and-build opportunities. The transaction reflects Origine Partners' strategy of supporting the succession and long-term development of French industrial SMEs by partnering with experienced management teams. It also represents another investment by Origine PME I, in line with the fund's focus on backing businesses with strong growth potential.

LJ TRUCKS, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.4x).

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.

-> Deep-dive in Industry & Manufacturing market trends

Target

LJ Trucks, founded in 2010 in Avignon, France, designs, manufactures and services hydrocureurs—specialised vehicles for cleaning and unclogging sewer networks. The product portfolio includes a range of hydraulic cutter‑excavator units, high‑pressure jetting machines and integrated maintenance kits, all engineered for durability in municipal and public‑works environments. Customers comprise utility operators, municipal sanitation departments and contractors engaged in infrastructure projects across France and neighboring European markets. The company follows an integrated business model that combines in‑house engineering, a dedicated assembly line capable of producing roughly one hundred units per year, and a post‑sale service network that provides routine maintenance, spare‑part logistics and on‑site technical assistance. LJ Trucks employs twenty‑seven staff members, including engineers, production technicians and field service personnel, and operates a single manufacturing facility adjacent to its headquarters. In 2025 the firm reported revenue exceeding twelve million euros, reflecting a client base that values the bespoke engineering and rapid deployment capabilities of its equipment. The firm’s operational focus remains on incremental product development, compliance with European environmental standards, and expanding its service contracts beyond the domestic market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in Industry & Manufacturing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	ASC INVESTMENT	XELLENT	FRANCE	Automotive	ASC Investment has announced the acquisition of ContiTrade France SAS from the Continental Group, as part of a carve-out transaction aimed at divesting Continental's French tire service and distribution activities under the BestDrive network
06/2026	REED CAPITAL	WALOR PRECISION TURNING	FRANCE	Automotive	The transaction involves the divestment of Walor Precision Turning, a business unit of Walor International, which is owned by the private equity firm Mutares, as part of a strategic refocusing on its core business of producing forged parts for the automotive industry
04/2026	APOLLO GLOBAL MANAGEMENT	FORVIA INTÉRIEURS	FRANCE	Automotive	The transaction involves the divestiture of FORVIA's Interiors division to Apollo, structured as a strategic carve-out designed to sharpen the parent company's focus on high-value, tech-driven business segments
04/2026	WETTERI	SPORTS CAR CENTER	FINLAND	Automotive	The strategic acquisition of the Sports Car Center Airport Helsinki service business marks a significant milestone in the group’s "Ohittamaton" strategy, designed to double its used car sales volume and establish a dominant technical footprint in the Finnish capital
02/2026	BASSAC	FINANCIÈRE COFIDIM (FEU VERT)	FRANCE	Automotive	The transaction involves the 100% acquisition of Feu Vert, through its holding company Financière Ramsès, by the listed family holding Bassac from the private equity firm Alpha Private Equity. This deal marks the exit of Alpha Private Equity after a ten-year holding period, during which the investor streamlined the company's perimeter by divesting non-core assets such as Mondial Pare-Brise and Impex
11/2025	ARKEA CAPITAL / IDIA CAPITAL INVESTISSEMENT / EPOPEE GESTION	THE REEFER GROUP (TRG)	FRANCE	Automotive	Arkea Capital, the Credit Agricole Group, and Epopee Gestion acquired a combined majority stake (over 50%) in The Reefer Group from Amundi PEF. A pool of eleven other minority financial investors retains approximately 30% of the capital
10/2025	MONTYON CAPITAL	CAILLAU	FRANCE	Automotive	Following a competitive auction process managed by Société Générale, Montyon Capital emerged as the sole winner to acquire over 80% of Caillau’s shares. The transaction marks the beginning of a new strategic cycle for the group under the leadership of President Stéphane Drivon
04/2025	GLOBAL TECHNOLOGIES	NOVARES	FRANCE	Automotive	Global Technologies has officially completed the 100% acquisition of Novares from its previous shareholders, including Equistone Partners Europe (76.84%) and Bpifrance (14.36%). The transaction, approved by the European Commission in March 2025, marks the transition of the French group into the fold of the American First Brands group
02/2025	JOST WERKE	HYVA	NETHERLANDS	Automotive	JOST Werke SE has signed a definitive sale and purchase agreement to acquire 100% of the share capital of Hyva from Unitas Capital Pte. Ltd. and NWS Holdings Limited. This transformative acquisition aligns with JOST's strategy to become the premier supplier for both on-highway and off-highway commercial vehicles worldwide
12/2024	GLOBAL AUTO HOLDINGS	WISMO GROUP (EX K.W. BRUUN)	DENMARK	Automotive	Global Auto Holdings Limited has completed the acquisition of K.W. Bruun’s import and digital businesses, specifically encompassing K.W. Bruun Import A/S and K.W. Bruun NxT A/S. The transaction, which includes the acquisition financing architecture, transfers a platform from the Danish automotive group into the buyer's global network

REFERENCES

Revenue 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 LJ TRUCKS by ORIGINE PARTNERS / BPIFRANCE 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).

Press release: view release

Target: lj trucks

Acquirer: bpifrance / origine partners