At what enterprise value was PIGHI acquired in 2026?

You can find the full valuation details of PIGHI on mynth capital. 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 Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PIGHI when it was acquired by EUROFEU?

The exact EV/EBITDA multiple for PIGHI is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was PIGHI acquired by EUROFEU?

PIGHI was acquired by EUROFEU in 2026.

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

The revenue of PIGHI at the time of the deal is estimated to be in the range of 5M - 25M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PIGHI during the acquisition?

PIGHI's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

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 PIGHI 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 PIGHI 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.eurofeu.fr/eurofeu-acquiert-lentreprise-italienne-pighi/

← DATABASE

Home Database Business ServicesPIGHI

01/2026

PIGHI acquired by EUROFEU

ITALY Facility Management / Maintenance / Security & Guarding REV 5M - 25M EUR

Context

Eurofeu, backed by pan-European private equity firm IK Partners, has acquired Pighi, a key Italian player in the fire safety sector. This transaction marks Eurofeu's entry into the Italian market, previously uncovered by the group. Alessandro Campedelli, the former sole owner via Gruppo Pighi Holding, has sold his stake but will retain an operational leadership role to drive future growth. The deal is part of Eurofeu's broader buy-and-build strategy to consolidate the European fire safety market.

PIGHI, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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 Business Services market trends

Target

Founded in 1956, Pighi is a leading Italian provider of fire safety services. Headquartered in Verona, it operates through 7 regional branches across Northern and Central Italy (Veneto, Lombardy, Lazio, etc.). The company employs over 200 staff (including 120 technicians) and provides installation, maintenance, and training for fire detection and suppression systems. It serves major B2B clients in Retail (GDO), Pharma, Chemical, and Food sectors.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Business Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
02/2026	CAPVEST PARTNERS	TSG (TECHNICAL SERVICES GROUP)	FRANCE	Facility Management	CapVest has acquired a controlling stake in TSG from HLD. The transaction values the company at EUR1.8 billion. HLD, which acquired the business in 2020, will retain a 30% minority stake to benefit from future growth
02/2026	TSG (TECHNICAL SERVICES GROUP)	TEPU HOLDING (PFANNER & FREI + RE.COM ELEKTROANLAGEN)	SWITZERLAND	Facility Management	TSG Group acquired Tepu Holding to significantly bolster its subsidiary, TSG Switzerland. This transaction is part of an aggressive buy-and-build strategy, marking the group’s 45th acquisition in four years
01/2026	HALMA	SAFETEC	ITALY	Facility Management	Halma plc has acquired the entire share capital of Safetec S.r.l. from the founding Stumpo and Modoni families. The transaction involves a full cash consideration. Safetec will continue to operate as a standalone company within Halma's Safety sector, retaining its current management team led by CEO Marco Stumpo
12/2025	CAPZA	MYRIUM	FRANCE	Facility Management	Capza has successfully emerged as the winner of a highly competitive auction process for Myrium, orchestrated by Edmond de Rothschild Corporate Finance. The transaction marks the company's fifth LBO and the first time a private equity fund has taken a majority stake
10/2025	TURENNE CAPITAL	M-ENERGIES	FRANCE	Facility Management	Turenne Capital and Euro Capital acquired a majority stake in M-ENERGIES from its historical shareholders, including the founder's family and previous financial backers. The deal is structured to provide the group with the financial resources to accelerate its "Buy-and-Build" strategy in a fragmented market
10/2025	BNP PARIBAS DEVELOPPEMENT	AGP (ALLIANCE GLOBAL PROCUREMENT)	FRANCE	Facility Management	BNP Paribas Developpement took a minority stake in AGP to support its long-term growth and digital acceleration. The deal facilitated the exit of historical shareholders, including A Plus Finance. Simultaneously, AGP executed its first strategic build-up with the acquisition of E-proc Factory (a specialist in communication procurement with EUR11
10/2025	ANDERA PARTNERS	XELIANS	FRANCE	Facility Management	Montefiore Investment has exited its majority stake in Xelians (slightly over 50%) following a seven-year holding period. The operation allows the current Chairman, Jacques Thibon, to increase his stake to over 80%, up from 45% previously
09/2025	HIG CAPITAL	RENTOKIL INITIAL WORKWEAR FRANCE	FRANCE	Facility Management	H.I.G. Capital has acquired Rentokil Initial’s Workwear business in France. The strategic rationale for the divestment is to streamline Rentokil Initial's portfolio, allowing the group to focus exclusively on its core market-leading Pest Control and Hygiene & Wellbeing segments
06/2025	TRITON PARTNERS	PRENAX GROUP	SWEDEN	Facility Management	LBO France and Andera Partners entered into exclusive negotiations for the sale of their combined stake in Prenax Group to Triton. LBO France had acquired its majority stake in October 2020 alongside Andera Acto and the management team, specifically to finance the acquisition of LM Information, which created the European market leader in outsourced subscription management
02/2025	ICG	GROUPE CLIMATER	FRANCE	Facility Management	ICG acquired a majority stake in Groupe Climater, facilitating the exit of previous financial sponsors (including Credit Agricole Regions Investissement and others). The deal was structured to support the group's "LBO 4" phase, focusing on accelerating national coverage and expanding service offerings in energy renovation

REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 5M - 25M EUR

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

Authors: verified 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: pighi

Acquirer: eurofeu