SNOWLEADER acquired by 123 IM
Context
Snowleader raised EUR15 million in a new funding round led by 123 Investment Managers, with participation from historic banking partners (Credit Agricole des Savoie via Oxygene and Bpifrance). This capital injection is designed to support a massive industrial scaling project. Specifically, the funds will finance the construction of a new 25,000 sqm automated logistics center in Le Versoud (near Grenoble) to triple shipping capacity. Additionally, the roadmap includes accelerating international sales (aiming for 40% export) and expanding the physical retail network in strategic European cities.
It is worth noting that the fund 123 Im took control of Snowleader through an LBO in 2020.
SNOWLEADER, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Retail & Consumer sector (11.9x).
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Target
Snowleader is a dynamic French retailer specializing in outdoor sports gear and apparel. Based in Annecy, the company was founded to serve outdoor enthusiasts, offering a carefully curated selection of equipment and clothing for activities like skiing, snowboarding, hiking, trail running, and mountaineering.
Ent. Value
€50–100M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with SNOWLEADER
Other operations with SNOWLEADER
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2020 | 123 IM | SNOWLEADER | FRANCE | Sport |
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Other operations with 123 IM
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2026 | 123 IM / BPIFRANCE / SMALT CAPITAL | FRIENDLY HOTELS GROUP | FRANCE | Hotels & Accommodation |
| 01/2020 | 123 IM | SNOWLEADER | FRANCE | Sport |
REFERENCES
Revenue range: €50–100M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SNOWLEADER by 123 IM 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.
Target: snowleader
Acquirer: 123 im