mynth
04/2021

SANDAYA acquired by INFRAVIA CAPITAL

FRANCE Hospitality & Leisure / Hospitality / Hotels & Accommodation EV 300M - 700M EUR

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.

As a reminder, the company was previously involved in a leveraged buyout led by Seven2 in 2016.

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 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

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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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2020
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2019
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Other operations with SANDAYA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2016SEVEN2SANDAYAFRANCEHospitality & Leisure

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.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

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

Acquirer: infravia capital