mynth
04/2011

SLV acquired by CINVEN

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

Context

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.

SLV, which reported an EBITDA margin of in 2011, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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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
2011
2010

Other operations with SLV

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2016ARDIANSLVGERMANYElectrical Equipment

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M 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 CINVEN 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

Acquirer: cinven