At what enterprise value was SLV acquired in 2016?

During the acquisition of SLV by ARDIAN in 2016, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SLV when it was acquired by ARDIAN?

The estimated EV/EBITDA multiple for SLV is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was SLV acquired by ARDIAN?

SLV was acquired by ARDIAN in 2016.

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

The revenue of SLV at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SLV during the acquisition?

SLV's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SLV 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 SLV 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.ardian.com/fr/communiques-de-presse/ardian-acquiert-slv-aupres-de-cinven

← DATABASE

Home Database Industry & ManufacturingSLV

10/2016

SLV acquired by ARDIAN

GERMANY Industrial Equipment / Components / Electrical Equipment EV 500M - 1.5b EUR

Context

Ardian acquired 100% of SLV Group from Cinven in an auction process managed by Goldman Sachs, outbidding 3i, Triton, and Pamplona. The deal was financed with a senior debt package of EUR360M. Cinven achieved a 2x return on this sale, following its 2011 entry. During Cinven's tenure, SLV increased its turnover by 40% and completed three bolt-on acquisitions (Unex, Lagotronics, Nordtronic). Ardian aims to continue this growth by leveraging SLV's international distribution network and its established sourcing office in China.

Cinven had previously taken control of the company during an LBO in 2011.

SLV, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (10.9x).

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.

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in 1979, SLV is a leading German provider of innovative lighting systems for interior and exterior use. The company operates a specialized wholesaler business model, distributing products through a vast network of partners in 60 countries. It has a strong focus on high-quality LED fixtures and efficient sourcing.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2015

2014

Other operations with SLV

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
04/2011	CINVEN	SLV	GERMANY	Industrial Equipment	Cinven reached an agreement to acquire SLV Group from HgCapital and the company's founder. The deal aimed to accelerate SLV's international expansion, leveraging Cinven's pan-European network and its specific office in Hong Kong to optimize Asian sourcing. Under HgCapital's ownership since 2007, the company successfully expanded its logistics hub in Germany and strengthened its global distribution network. The management team, led by CEO Detlef Harms, remained in place to drive the next stage of growth.

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 50M - 100M EUR

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

Press release: view release

Acquirer: ardian