At what enterprise value was PASUBIO GROUP acquired in 2017?

During the acquisition of PASUBIO GROUP by CVC in 2017, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of PASUBIO GROUP when it was acquired by CVC?

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

When was PASUBIO GROUP acquired by CVC?

PASUBIO GROUP was acquired by CVC in 2017.

What was the revenue of PASUBIO GROUP at the time of the deal?

The revenue of PASUBIO GROUP at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of PASUBIO GROUP during the acquisition?

PASUBIO GROUP's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the PASUBIO GROUP 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 PASUBIO GROUP 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.cpadvisors.us/media/press/be-beez---cvc-acquired-pasubio_1498814794.pdf

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.7x.

← DATABASE

Home Database Industry & ManufacturingPASUBIO GROUP

06/2017

PASUBIO GROUP acquired by CVC

ITALY Automotive / Auto Parts & Suppliers EV 300M - 700M EUR

Context

CVC Capital Partners acquired a controlling 90% stake in the holding company that owns Pasubio Group. The transaction was structured as a Primary LBO, transitioning the company from a purely family-owned business to a private equity-backed platform. The founding family reinvested a portion of their proceeds to retain a minority stake (over 10%) and continued to lead the management team, ensuring operational stability and alignment of interests.

PASUBIO GROUP, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.7x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Pasubio Group is a premier Italian manufacturer of high-quality leather specifically designed for the automotive industry. With over 60 years of history, the company has established itself as a critical supplier for the luxury and premium car segments. Pasubio controls the entire value chain, from tanning and selection to dyeing, finishing, and precise cutting of leather hides. Operating through five facilities in Italy and one in Serbia, the group employs 400 specialized workers and produces over 10 million square meters of leather annually. Its client portfolio includes the most prestigious automotive OEMs, such as Jaguar Land Rover, Porsche, Lamborghini, Bentley, Maserati, BMW, and Stellantis.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2017

2016

Similar deals in Automotive

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2018	SOCIETE GENERALE CAPITAL PARTENAIRES / BNP PARIBAS DEVELOPPEMENT	GROUPE GRIS	FRANCE	Auto Parts & Suppliers
09/2017	Genuine Parts Company	Alliance Automotive Group	FRANCE	Aftermarket & Repair
12/2016	Alliance Automotive Group	Groupe de Jackie Vercaigne	FRANCE	Auto Parts & Systems
10/2016	Alliance Automotive Group	FPS Distribution	UNITED KINGDOM	Aftermarket & Repair
09/2016	Alliance Automotive Group	Genève Occasion	FRANCE	Aftermarket & Repair
02/2016	ALPHA PRIVATE EQUITY	FINANCIÈRE COFIDIM (FEU VERT)	FRANCE	Aftermarket & Repair
01/2016	EQUISTONE	NOVARES	FRANCE	Auto Parts & Systems
10/2015	Alliance Automotive Group	Coler	GERMANY	Auto Parts & Systems
09/2015	BAIN CAPITAL	AUTODISTRIBUTION / PARTS HOLDING EUROPE	FRANCE	Retail & Services
03/2015	HAVERSHAM HOLDINGS	CONSTELLATION AUTOMOTIVE	UNITED KINGDOM	Dealerships

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PASUBIO GROUP by CVC 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.

Acquirer: cvc