SIBLU VILLAGES acquired by NAXICAP PARTNERS
Context
Naxicap Partners acquired a majority stake in Siblu Villages from Stirling Square Capital Partners, who achieved a 3x return on their investment. The group's management team significantly reinvested alongside the new owner. This secondary LBO follows a period of rapid expansion where the group completed ten acquisitions (parks and land) and entered the Dutch market. The investment strategy under the new ownership is focused on doubling the group's size over the next five years through an aggressive international consolidation strategy in France and the wider European outdoor hospitality market.
In the past, Siblu Villages underwent an LBO led by Stirling Square Capital in 2015.
SIBLU VILLAGES, which reported an EBITDA margin of [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a premium to the average currently observed in the Retail & Consumer sector (11.9x).
-> Deep-dive in Retail & Consumer market trends
Target
Siblu operates as the undisputed leader within the owner-occupied holiday village sector, managing an institutional-grade platform in the outdoor hospitality industry. The company’s business model is built on an integrated, three-pillared commercial strategy: the direct sale of residential mobile homes to owner-occupiers, the long-term rental of dedicated pitches, and the seasonal sale of holiday stays. The entity's value proposition is anchored in its premium real estate management and high-end hospitality services, operating a portfolio of 4- and 5-star villages across strategic European tourist destinations. By maintaining an optimized balance between recurring pitch rental revenues and high-margin mobile home sales, Siblu ensures strong cash-flow predictability and high customer retention. Its commercial strategy focuses on leveraging this vertically integrated model to drive operational efficiencies and yield management across its multi-site network, positioning the platform as a defensive, high-yield asset in the structurally expanding European outdoor leisure and domestic tourism markets.
Ent. Value
€300–700M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
Above 20x
Historical Financials (EUR)
Other operations with SIBLU VILLAGES
Other operations with SIBLU VILLAGES
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2015 | STIRLING SQUARE CAPITAL | SIBLU VILLAGES | FRANCE | Hotels & Accommodation |
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REFERENCES
Valuation range: EV €300–700M
Revenue range: €100–200M
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 SIBLU VILLAGES by NAXICAP PARTNERS 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.
Press release: view release
Target: siblu villages
Acquirer: naxicap partners