At what enterprise value was PIZZERÍAS CARLOS acquired in 2022?

You can find the full valuation details of PIZZERÍAS CARLOS 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 Retail & Consumer industry currently tracks an average EBITDA multiple of 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PIZZERÍAS CARLOS when it was acquired by DEA CAPITAL?

The exact EV/EBITDA multiple for PIZZERÍAS CARLOS is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was PIZZERÍAS CARLOS acquired by DEA CAPITAL?

PIZZERÍAS CARLOS was acquired by DEA CAPITAL in 2022.

What was the revenue of PIZZERÍAS CARLOS at the time of the deal?

The revenue of PIZZERÍAS CARLOS at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PIZZERÍAS CARLOS during the acquisition?

PIZZERÍAS CARLOS'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 PIZZERÍAS CARLOS 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 PIZZERÍAS CARLOS 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.deacapitalaf.com/portfolio/pizzerias-carlos/?lang=en

← DATABASE

Home Database Retail & ConsumerPIZZERÍAS CARLOS

05/2022

PIZZERÍAS CARLOS

Acquired by

DEA CAPITAL

Spain Hospitality & Leisure / Hospitality / Restaurants / Chains REV 25M - 50M EUR

PIZZERÍAS CARLOS acquired by DEA CAPITAL

Spain Hospitality & Leisure / Hospitality / Restaurants / Chains REV 25M - 50M EUR

Context

DeA Capital Alternative Funds, through its specialized food and beverage vehicle Taste of Italy 2, acquired a majority stake in the Spanish fast-casual restaurant chain, Pizzerías Carlos. This strategic investment is designed to provide the capital and support necessary to accelerate the company's ambitious expansion plans across the Iberian Peninsula, specifically targeting growth in Spain and Portugal. The transaction was reportedly initiated after the company's founders received multiple unsolicited offers, prompting them to engage financial advisors to explore strategic partnerships. The existing management team, led by co-founders Francesc Ros and Xavier Crespo, will continue to lead the company's day-to-day operations and strategy implementation. They will also retain a significant minority shareholding, ensuring continuity and alignment of interests. The deal represents a significant vote of confidence in Pizzerías Carlos's business model, which has demonstrated robust growth and resilience, particularly its highly effective in-house delivery service that proved successful during challenging market conditions. The acquisition marks the second Spanish investment for the Taste of Italy 2 fund, underscoring its focus on high-potential companies within the region's food and beverage sector. Financial backing for the future business plan is also being provided by Tresmares Capital.

PIZZERÍAS CARLOS, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.4x).

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.

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Target

Pizzerías Carlos is a Spanish restaurant chain specializing in American-style pizzas for both home delivery and in-store dining. The company's operational model is vertically integrated to ensure quality control and a consistent customer experience. A central kitchen located in Madrid is responsible for producing pizza bases and other core ingredients, which are then distributed to its network of restaurants. This network includes both company-owned and franchised locations, primarily situated in high-density, middle-class residential areas. Beyond its core pizza offerings, the menu includes a variety of appetizers, pastas, and salads. A key component of its strategy is the control of its last-mile logistics; each store operates its own fleet of delivery motorbikes, allowing the company to manage the entire delivery process without heavy reliance on third-party aggregators for fulfillment. The physical stores also serve as marketing assets, offering table service and aiming to become the preferred neighborhood brand for pizza delivery. As of early 2022, the chain operated 72 locations throughout Spain, including major cities like Madrid and Barcelona, as well as several other provinces, employing over 1,800 people.

Ent. Value

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EV / EBIT

Historical Financials (EUR)

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2022

2021

Other operations with PIZZERÍAS CARLOS

REFERENCES

Revenue range: 25M - 50M 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 PIZZERÍAS CARLOS by DEA CAPITAL 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: pizzerías carlos

Acquirer: dea capital