At what enterprise value was SODIKART acquired in 2023?

During the acquisition of SODIKART by SIPAREX in 2023, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

When was SODIKART acquired by SIPAREX?

SODIKART was acquired by SIPAREX in 2023.

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

The revenue of SODIKART at the time of the deal is estimated to be in the range of 50M - 100M EUR.

How is the data for the SODIKART 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 SODIKART 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://capitalfinance.lesechos.fr/deals/lbo/siparex-sinvite-au-sein-de-sodikart-1939936

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Home Database Retail & ConsumerSODIKART

05/2023

SODIKART acquired by SIPAREX

FRANCE Consumer Products / Sport / Cycling & Micromobility EV 100M - 350M EUR

Context

Siparex acquired a majority stake in Sodikart, succeeding Evolem (shareholder for 15 years). Siparex invested between EUR30M and EUR50M. The founder and management team retain a minority stake. Supported by a debt lever of 3x EBITDA, the goal is to double the group's size within 5 years through international M&A.

SODIKART, which reported an EBITDA margin of in 2022, 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 (10.6x).

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Target

Sodikart is a French company and a world leader in karting industry. It designs, manufactures, and distributes a wide range of karts (rental, racing, and electric) and equipment. The group also operates tracks and organizes international competitions, positioning itself as a vertically integrated player in the recreational motorsports market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

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REFERENCES

Valuation range: EV 100M - 350M EUR

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 SODIKART by SIPAREX 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: sodikart

Acquirer: siparex