When was PHOENIX ELECTRONIC SYSTEM acquired by PATELEC GROUP?

PHOENIX ELECTRONIC SYSTEM was acquired by PATELEC GROUP in 2023.

What was the revenue of PHOENIX ELECTRONIC SYSTEM at the time of the deal?

The revenue of PHOENIX ELECTRONIC SYSTEM at the time of the deal is estimated to be in the range of 5M - 25M EUR.

What was the EBITDA of PHOENIX ELECTRONIC SYSTEM during the acquisition?

PHOENIX ELECTRONIC SYSTEM's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the PHOENIX ELECTRONIC SYSTEM 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 PHOENIX ELECTRONIC SYSTEM 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.phoenixcablaggi.com/en/the-industrial-partnership-between-the-patelec-group-and-phoenix-electronic-system-begins-to-strengthen-its-positioning-in-the-market-and-expand-the-offering-of-services-and-products-to-customers/

← DATABASE

Home Database Industry & ManufacturingPHOENIX ELECTRONIC SYSTEM

11/2023

PHOENIX ELECTRONIC SYSTEM acquired by PATELEC GROUP

ITALY Industrial Equipment / Components / Electrical Equipment REV 5M - 25M EUR

Context

Patelec Group has acquired a majority stake in Phoenix Electronic System to expand its product range into industrial wiring harnesses and electrical cabinets. The operation is meticulously structured to maintain the target's operational autonomy while deeply integrating its specialized product offerings to generate substantial cross-selling synergies. To effectively finance this major consolidation step, the acquirer utilized a specialized, medium-to-long-term ESG-linked debt facility provided by a major domestic bank, uniquely designed to reward the achievement of shared sustainability performance indicators. The primary strategic rationale underpinning this new partnership is to drastically accelerate cross-border expansion and broaden the combined entity's comprehensive portfolio of industrial electrical solutions.

PHOENIX ELECTRONIC SYSTEM, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Phoenix Electronic System is a specialist in the design, production, and sale of wiring harnesses and electrical cabinets for the industrial sector. Operating through dedicated production facilities located in both Southern Europe and North Africa, the enterprise serves a diverse industrial client base. Known for its extensive technical know-how developed over decades, the firm consistently delivers high-quality electrical components. The company is now poised to leverage a larger corporate network to further solidify its competitive positioning and accelerate its cross-border market penetration, all while maintaining its operational autonomy and commitment to its historical local roots.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in Industrial Equipment

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2024	STANDARD BIOTOOLS	SOMALOGIC	UNITED STATES	Lab & Scientific Equipment
12/2023	ENPRO	ADVANCED MICRO INSTRUMENTS	UNITED STATES	Instrumentation & Measurement
11/2023	GEORG FISCHER	UPONOR	FINLAND	Valves, Pumps & Taps
11/2023	ATS CORPORATION	AVIDITY SCIENCE	UNITED STATES	Lab & Scientific Equipment
11/2023	LIFCO	GREEN INSTRUMENTS	DENMARK	Instrumentation & Measurement
11/2023	OXFORD METRICS	INDUSTRIAL VISION SYSTEMS	UNITED KINGDOM	Robotics & Automation
10/2023	FORTIVE CORPORATION	EA ELEKTRO-AUTOMATIK	GERMANY	Instrumentation & Measurement
10/2023	HALMA	ALPHA INSTRUMATICS	UNITED KINGDOM	Instrumentation & Measurement
10/2023	EMERSON	NATIONAL INSTRUMENTS CORPORATION	UNITED STATES	Instrumentation & Measurement
10/2023	TELEDYNE TECHNOLOGIES INCORPORATED	XENA NETWORKS	DENMARK	Instrumentation & Measurement

REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

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

Press release: view release

Target: phoenix electronic system

Acquirer: patelec group