SODEXO CHILDCARE acquired by GRANDIR
Context
Sodexo has reduced its stake in the childcare sector by selling its French nursery business to the Grandir group. This strategic divestment allows Sodexo to refocus on its core activities while enabling Grandir to significantly expand its national footprint. By integrating these new facilities, Grandir strengthens its position as a leader in the French market, enhancing its capacity to provide high-quality educational services across the country.
SODEXO CHILDCARE, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).
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Target
Sodexo Childcare, primarily operating under the Crèche Attitude brand since its acquisition in 2010, is a major European player in the private nursery market. The group specializes in managing corporate and municipal nurseries, providing high-quality early childhood education and care services. Its business model relies on long-term contracts with companies (B2B) and local authorities (B2G) seeking to offer childcare solutions to their employees and citizens. In 2021, the entity manages a network of 300 centers and employs approximately 3,500 people, with a strong geographical presence in France and Germany, and smaller footprints in Spain and India.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
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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).