REVIMA GROUP acquired by ARDIAN
Context
Ardian acquired a majority stake in Revima from Argos Wityu, which had held the company since 2017 and reinvested a portion of its proceeds to remain a minority shareholder. The management team also increased its stake. The financing package included a unitranche debt provided by Permira and Tikehau IM, with a leverage slightly exceeding 4.0x EBITDA. The strategic roadmap includes the construction of a new site in Thailand and the finalization of two bolt-on acquisitions in engine part repair and predictive maintenance.
It is worth noting that the fund Argos Wityu took control of Revima Group through an LBO in 2017.
REVIMA GROUP, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Industry & Manufacturing sector (11.7x).
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Target
Revima is a leading independent provider of MRO services for the commercial aviation sector. The group specializes in Auxiliary Power Units (APUs) and Landing Gear for regional, medium, and long-haul aircraft. It also operates in spare parts trading and high-tech engine part repair.
Ent. Value
€300–700M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with REVIMA GROUP
Other operations with REVIMA GROUP
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2017 | ARGOS WITYU | REVIMA GROUP | FRANCE | MRO (Maintenance, Repair & Overhaul) |
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|---|---|---|---|---|
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REFERENCES
Valuation range: EV €300–700M
Revenue range: €250–500M
EBITDA range: €10–30M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 10x - 18x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of REVIMA GROUP by ARDIAN 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.
Acquirer: ardian