RENTA GROUP acquired by IK PARTNERS
Context
IK Partners acquired Renta Group from Intera Partners to support the company's transition from a "Baltic Sea Champion" to a "Continental European Leader". The strategy is three-fold: 1) Accelerate the "Buy-and-Build" program to consolidate the fragmented rental market in existing territories (Poland, Scandinavia) and enter new DACH/Benelux regions
RENTA GROUP, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN 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
Headquartered in Finland, Renta Group is a rapidly growing general equipment rental company serving the construction, infrastructure, and Corporate sectors. Founded in 2016 through the merger of three Finnish companies, it expanded quickly into Sweden, Norway, Denmark, and Poland. Renta distinguishes itself with a strong digital platform ("Renta Easy") and a decentralized, local operating model.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in Business Services
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 03/2022 | BUFAB | TI MIDWOOD & CO | UNITED KINGDOM | Industrial Services | Bufab has successfully finalized the acquisition of all outstanding shares in TIMCO, a move that represents the largest transaction in the group’s history to date. This strategic expansion significantly bolsters the organization's presence in the British and Irish markets, incorporating a highly reputable brand with a dominant position in the construction C-parts segment |
| 02/2022 | HIG CAPITAL | BERARDI BULLONERIE | ITALY | Industrial Services | H.I.G. Capital has acquired a majority stake in Berardi Bullonerie from the Berardi family, who reinvested for a minority shareholding. The strategic rationale for the acquisition is to accelerate Berardi's development through a combination of organic growth and a targeted M&A campaign in the highly fragmented fastening elements market |
| 01/2022 | TEMASEK | ELEMENT MATERIALS TECHNOLOGY | UNITED KINGDOM | Industrial Services | Temasek has acquired a majority stake in Element Materials Technology from the private equity firm Bridgepoint. This landmark transaction marks the end of a highly successful six-year partnership with Bridgepoint, during which Element achieved a ten-fold increase in turnover and integrated numerous strategic acquisitions, including the major purchase of Exova in 2017 |
| 12/2021 | KILOUTOU | AB MATERIELS | FRANCE | Industrial Services | Kiloutou acquired AB Materiels to densify its network in the Provence-Alpes-Cote d'Azur (PACA) region. This acquisition allowed Kiloutou to integrate approx. 40 employees and a fleet of over 600 machines, strengthening its competitive position in a high-demand geographical area for renovation and civil engineering |
| 11/2021 | PHENNA GROUP | JAMES FISHER TESTING SERVICES | UNITED KINGDOM | Industrial Services | The acquisition of James Fisher Testing Services by Phenna Group signifies a pivotal realignment of the industrial portfolio for James Fisher and Sons plc. The strategic rationale for this transaction centers on a "portfolio-refocusing" maneuver, allowing the seller to concentrate its capital on market-leading niche sectors in marine, energy, and defense |
| 10/2021 | REXEL | MAYER | UNITED STATES | Industrial Services | Rexel entered into a definitive agreement to acquire Mayer in a strategic move to significantly enhance its presence in the United States. The transaction is a key component of Rexel's growth strategy, which prioritizes strengthening its footprint in the North American market, the world's largest for electrical distribution |
| 09/2021 | DXP ENTERPRISES | PREMIER WATER | UNITED STATES | Industrial Services | The global industrial leader has successfully finalized the acquisition of 100% of the share capital of the target, marking a definitive expansion of its technical footprint within the North and South Carolina regions |
| 09/2021 | THE ADECCO GROUP | AKKA TECHNOLOGIES | FRANCE | Industrial Services | Adecco Group announced the acquisition of a controlling stake in Akka Technologies from the Ricci family and Swilux, followed by a Mandatory Tender Offer for the remaining shares. The transaction values Akka at an Enterprise Value of EUR2 |
| 09/2021 | PRODATA CONSULT | EMAGINE | DENMARK | Industrial Services | ProData Consult, facilitated by its majority shareholder Axcel, has acquired 100% of the French-headquartered emagine Group. This transformative acquisition represents ProData’s fourth deal in less than two years and serves as a cornerstone for its expansion outside the Nordics |
| 09/2021 | TURENNE CAPITAL / NORD CAPITAL PARTENAIRES | KALI ENVIRONNEMENT | FRANCE | Industrial Services | Turenne Emergence and Nord Capital Investissement have invested in the share capital of Kali Environnement Group as part of a primary LBO transaction aimed at supporting the reorganization of its shareholder base and the transfer of control by its founder, Pascal Marly |
REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 250M - 500M EUR
EBITDA range: 50M - 100M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RENTA GROUP by IK PARTNERS 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).
Target: renta group
Acquirer: ik partners