mynth
03/2017

PROSOL

Acquired by

ARDIAN

FRANCE Retail / Food Retail / General Grocery EV 1b - 4b EUR

Context

Ardian, a leading private investment firm, entered into an agreement to acquire a majority shareholding in Prosol, the operator of the highly successful Grand Frais fresh food retail chain. This transaction marked a significant shift in ownership, as Prosol's founder, Denis Dumont, who had previously maintained a controlling interest, agreed to the preemptive offer from Ardian. The deal was structured as a leveraged buyout, signaling a new phase of development for the rapidly growing retailer. As part of the agreement, key stakeholders demonstrated their long-term commitment to the business, with both the founder and the existing management team, led by President Hervé Vallat, reinvesting alongside the new majority owner. The rationale for Ardian was to partner with a unique and exceptionally well-positioned company that has demonstrated remarkable growth in a competitive market. The firm had been monitoring Prosol for several years and saw an opportunity to apply its resources and expertise to support the company's ambitious expansion plans. For Prosol, the partnership provides access to a well-capitalized and experienced partner, equipping the management team with substantial new resources to accelerate its development strategy and continue its impressive growth trajectory across France.

PROSOL, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.3x).

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

Prosol is the Corporate and logistical powerhouse behind the successful "Grand Frais" retail concept in France. The group operates as a multi-specialist vertically integrated leader, managing the core fresh product categories—Fruits & Vegetables, Dairy, and Seafood—within the Grand Frais stores. Prosol has built a proprietary, high-performance supply chain sourcing from over 2,300 partners, ensuring unmatched freshness and traceability. Beyond its partnership in Grand Frais, Prosol fully owns the "Fresh." banner and operates brands like La Boulangerie du Marche, mon-marche.fr, and BioFrais. With nearly 450 points of sale and a workforce of approximately 10,000 people, Prosol has become a national champion in the premium fresh food segment.

Ent. Value

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Equity Value

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Multiples

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2017
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Other operations with PROSOL

DateAcquirerTargetCountrySectorDeal Context
PROSOLFRANCERetail

Prosol is the Corporate and logistical powerhouse behind the successful "Grand Frais" retail concept in France. The group operates as a multi-specialist vertically integrated leader, managing the core fresh product categories—Fruits & Vegetables, Dairy, and Seafood—within the Grand Frais stores. Prosol has built a proprietary, high-performance supply chain sourcing from over 2,300 partners, ensuring unmatched freshness and traceability. Beyond its partnership in Grand Frais, Prosol fully owns the "Fresh." banner and operates brands like La Boulangerie du Marche, mon-marche.fr, and BioFrais. With nearly 450 points of sale and a workforce of approximately 10,000 people, Prosol has become a national champion in the premium fresh food segment.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 100M - 200M EUR

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

Acquirer: ardian