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M&A

SANDAYA

Acquired by

INFRAVIA CAPITAL

FRANCE Hospitality & Leisure EV [100m EUR - 500m EUR] 04/2021

Target

SANDAYA

Acquirer

INFRAVIA CAPITAL

Context

Sendaya, a specialist in outdoor accommodation with more than 33 campsites under management, will welcome Infravia as its new majority shareholder alongside two new minority shareholders, following Apax Partners' decision to sell its shares.

SANDAYA, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 10.9x average currently observed in the Retail & Consumer sector.

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

A major French operator of 4 and 5-star campsites. Sandaya owns and operates a premium portfolio of outdoor hospitality resorts across France, Spain, and Belgium, focusing on high-end services, water parks, and modern accommodations (mobile homes, glamping).

Ent. Value

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Equity Value

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Multiples Analysis

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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EBITDA
EBIT
2020
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2019
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Other operations with SANDAYA

DateAcquirerTargetCountrySectorDeal Context
05/2016SEVEN2SANDAYAFRANCEHotels & Accommodation

APAX PARTNERS (which became SEVEN2 in 2023) acquired a majority stake in Sandaya, alongside the founders. The aim of the transaction was to provide the group with significant financial resources in order to accelerate the consolidation of the fragmented French camping market and expand its presence in Europe.

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.