At what enterprise value was PARADIES acquired in 2015?

During the acquisition of PARADIES by LAGARDERE TRAVEL RETAIL in 2015, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD.

What was the EV/EBITDA of PARADIES when it was acquired by LAGARDERE TRAVEL RETAIL?

The estimated EV/EBITDA multiple for PARADIES is in the range of 5x - 12x.

When was PARADIES acquired by LAGARDERE TRAVEL RETAIL?

PARADIES was acquired by LAGARDERE TRAVEL RETAIL in 2015.

What was the revenue of PARADIES at the time of the deal?

The revenue of PARADIES at the time of the deal is estimated to be in the range of 250M - 500M USD.

What was the EBITDA of PARADIES during the acquisition?

PARADIES's EBITDA is estimated to be in the range of 50M - 100M USD.

How is the data for the PARADIES 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 PARADIES 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://capitalfinance.lesechos.fr/deals-m-a/mid-cap/lagardere-sempare-de-lamericain-paradies-pour-530-m-110246

← DATABASE

Home Database Retail & ConsumerPARADIES

08/2015

PARADIES acquired by LAGARDERE TRAVEL RETAIL

UNITED STATES Retail / Specialized Retail EV 300M - 700M USD

Context

Lagardere acquired 100% of the holding company of Paradies. The sellers were the private equity firm Freeman Spogli & Co and the founding Paradies family. The transaction combined Lagardere's existing North American operations with Paradies to create a new entity generating ~$800 million in sales.

PARADIES, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.6x).

-> Deep-dive in Retail & Consumer market trends

Target

Founded in 1960 and headquartered in Atlanta, Paradies was a leading airport concessionaire in the US. Operating in 76 airports (including major hubs like JFK, LAX, Chicago O'Hare, and Atlanta), the company managed a network of over 550 stores. While originally focused on "News & Gifts," Paradies had successfully diversified into "Specialty Retail" (fashion, accessories) and "Food & Beverage," which are higher-margin segments. For the fiscal year ending June 2015, the company generated $515 million in revenue.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2015

2014

Other operations with PARADIES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
09/2023	PARADIES	TASTES ON THE FLY	UNITED STATES	Restaurants / Chains

REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 250M - 500M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PARADIES by LAGARDERE TRAVEL RETAIL 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: paradies

Acquirer: lagardere travel retail