At what enterprise value was PASTICCERIA BINDI acquired in 2020?

During the acquisition of PASTICCERIA BINDI by BC PARTNERS in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR. 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 AgriFood industry currently tracks an average EBITDA multiple of 10.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PASTICCERIA BINDI when it was acquired by BC PARTNERS?

The exact EV/EBITDA multiple for PASTICCERIA BINDI is available on mynth capital. For comparison, the AgriFood sector currently shows an average EBITDA multiple of 10.6x. Join our community for free to access full valuation data and industry trends.

When was PASTICCERIA BINDI acquired by BC PARTNERS?

PASTICCERIA BINDI was acquired by BC PARTNERS in 2020.

What was the revenue of PASTICCERIA BINDI at the time of the deal?

The revenue of PASTICCERIA BINDI at the time of the deal is estimated to be in the range of 100M - 200M 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 PASTICCERIA BINDI 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 PASTICCERIA BINDI 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://www.bcpartners.com/news/bc-partners-to-acquire-leading-italian-frozen-patisserie-company-bindi/

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Home Database AgriFoodPASTICCERIA BINDI

01/2020

PASTICCERIA BINDI

Acquired by

BC PARTNERS

ITALY Food Processing / Food Products EV 100M - 350M EUR

PASTICCERIA BINDI acquired by BC PARTNERS

ITALY Food Processing / Food Products EV 100M - 350M EUR

Context

BC Partners agreed to acquire Pasticceria Bindi S.p.A. from its founding family owners, marking a significant strategic investment in the Italian frozen bakery sector. This transaction follows BC Partners' prior acquisition of Forno d’Asolo in 2018, underscoring the private equity firm's interest in capitalizing on the global appeal of high-quality Italian food products. The rationale for the acquisition is centered on accelerating Bindi's growth trajectory. BC Partners plans to support the company's management in pursuing an ambitious expansion strategy. Key initiatives include broadening the existing product portfolio, innovating with new patisserie items, and significantly growing international sales, particularly by leveraging Bindi's strong foothold in the United States. Furthermore, the acquisition positions Bindi as a platform for market consolidation through subsequent strategic acquisitions in Italy and abroad. For the Bindi family, the partnership with BC Partners ensures business continuity while providing the capital and strategic support necessary for robust international expansion. The existing management team, including the General Manager and a member of the founding family in a non-executive capacity, will remain to guide the company's future development and protect its brand legacy.

PASTICCERIA BINDI, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the AgriFood sector (10.6x).

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 AgriFood market trends

Target

Pasticceria Bindi S.p.A. is a prominent Italian producer and distributor of frozen patisserie products, headquartered in Milan where it was founded in 1934. The company offers an extensive portfolio of desserts and bakery items, including patisserie, ice cream mono-portion desserts, cakes, and ice creams. Bindi has established a significant footprint within its domestic market, serving a highly fragmented customer base of over 25,000 clients, which primarily consists of restaurants, hotels, and bars. Beyond Italy, the company has a strong international presence, with sales in over 40 countries accounting for a substantial portion of its business. Its largest international market is the United States, where it operates a dedicated subsidiary with its own production and direct distribution capabilities. The company is recognized for its broad range of high-quality products, strong brand equity, and advanced manufacturing processes. It maintains two production facilities in Italy and one in the United States. In 2019, the company employed a workforce of over 600 people to support its domestic and international operations.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PASTICCERIA BINDI by BC PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: 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: pasticceria bindi

Acquirer: bc partners