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04/2024

SNOWLEADER acquired by 123 IM

FRANCE Retail / Specialized Retail / Sport REV 50M - 100M EUR

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 in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.9x).

-> Deep-dive in Retail & Consumer market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

Other operations with SNOWLEADER

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2020123 IMSNOWLEADERFRANCESport

REFERENCES

Revenue 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 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