SALMAT has been 100% owned by KILOUTOU since January 2021.

At what enterprise value was SALMAT acquired in 2021?

During the acquisition of SALMAT by KILOUTOU in 2021, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR.

What was the EV/EBITDA of SALMAT when it was acquired by KILOUTOU?

The estimated EV/EBITDA multiple for SALMAT is in the range of 5x - 12x.

When was SALMAT acquired by KILOUTOU?

SALMAT was acquired by KILOUTOU in 2021.

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

The revenue of SALMAT at the time of the deal is estimated to be in the range of 5M - 25M EUR.

What was the EBITDA of SALMAT during the acquisition?

SALMAT's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the SALMAT 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 SALMAT 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.kiloutou.com/group/fr/communiques-presse/groupe-kiloutou-acquisition-societes-salmat-jean-bart-location/

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesSALMAT

01/2021

SALMAT acquired by KILOUTOU

FRANCE Industrial Services / Equipment Rental EV 10M - 30M EUR

Context

Kiloutou acquired Salmat Nord to strengthen its historical stronghold in the Hauts-de-France region. This "bolt-on" transaction allowed Kiloutou to integrate a high-quality local fleet and a loyal customer base, optimizing its logistics and network density in a key industrial and construction hub.

By taking control of Salmat, Kiloutou continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Locamodul in 2020.

SALMAT, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

A prominent regional independent player in equipment rental based in Northern France. Salmat Nord operated a network of several agencies providing generalist construction equipment to local SMEs and large construction groups.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2020

2019

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
02/2021	CLAYTON, DUBILIER & RICE (CD&R)	WOLSELEY UK	UNITED KINGDOM	Industrial & Technical Distribution
02/2021	APAX PARTNERS / BPIFRANCE	BTP CONSULTANTS	FRANCE	TIC (Testing, Inspection, Certification)
01/2021	SOCIETE GENERALE CAPITAL PARTENAIRES	DELTA SERVICE LOCATION	FRANCE	Equipment Rental
12/2020	UTAC CERAM	MILLBROOK	UNITED KINGDOM	TIC (Testing, Inspection, Certification)
12/2020	SGS	SYNLAB ANALYTICS	GERMANY	TIC (Testing, Inspection, Certification)
12/2020	APPLUS+ GROUP	QPS EVALUATION SERVICES	CANADA	TIC (Testing, Inspection, Certification)
11/2020	APPLUS+ GROUP	BESIKTA BILPROVNING	SWEDEN	TIC (Testing, Inspection, Certification)
11/2020	OUEST CROISSANCE	VAC - HARDOUIN-LOC	FRANCE	Equipment Rental
09/2020	APPLUS+ GROUP	RELIABLE ANALYSIS	CHINA	TIC (Testing, Inspection, Certification)
09/2020	EURAZEO / FCDE (FONDS DE CONSOLIDATION ET DE DEVELOPPEMENT DES ENTREPRISES)	UTAC CERAM	FRANCE	TIC (Testing, Inspection, Certification)

REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

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