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11/2023Majority

Patelec Group takes majority stake in Phoenix Electronic System

ITALY Industrial Equipment / Components / Electrical Equipment REV €5–25M

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 [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average observed in the Industry & Manufacturing sector (11.1x in 2023).

-> 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

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
€5–25M
€0–5M
[members only]
2021
€5–25M
€0–5M
[members only]

Other operations with Patelec Group

Other operations with Patelec Group
DateAcquirerTargetCountrySector
03/2026PATELEC GROUPFCMITALYCabling & Connectivity

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REFERENCES

Revenue range: REV €5–25M

EBITDA range: €0–5M

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

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Phoenix Electronic System, an Italian company specialised in Components, by Patelec Group in 2023.

What were Phoenix Electronic System’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Phoenix Electronic System generated annual revenue estimated in the €5–25M range and EBITDA in the €0–5M bracket (FY 2022). Detailed financial figures are available to members.

How does the valuation of Phoenix Electronic System compare to benchmarks in the Industry & Manufacturing sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 11.1x EBITDA during 2023.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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