At what enterprise value was SOEUR acquired in 2023?

During the acquisition of SOEUR by STYLE CAPITAL in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SOEUR when it was acquired by STYLE CAPITAL?

The estimated EV/EBITDA multiple for SOEUR is in the range of 5x - 12x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was SOEUR acquired by STYLE CAPITAL?

SOEUR was acquired by STYLE CAPITAL in 2023.

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

The revenue of SOEUR at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SOEUR during the acquisition?

SOEUR's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SOEUR 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 SOEUR 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://fr.fashionnetwork.com/news/Soeur-la-societe-de-capital-investissement-italienne-style-capital-acquiert-80-des-parts,1560928.html

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Home Database Retail & ConsumerSOEUR

09/2023

SOEUR acquired by STYLE CAPITAL

FRANCE Consumer Products / Fashion & Apparel EV 50M - 150M EUR

Context

Style Capital has acquired an 80% stake in Sœur from Experienced Capital (ECP) and the brand’s founders. The transaction marks a highly successful exit for ECP, which realized a "6x money" return on its initial 2016 investment. The founding Brion sisters will retain a 20% minority stake and remain active in the business alongside CEO Freja Day. The strategic rationale for the deal is to accelerate Sœur’s international expansion, with the objective of reaching 50% of sales outside of France. The transaction was structured as a Leveraged Buyout (LBO) with "reasonable leverage," financed equally by the Italian fund Ver Capital and a pool of Sœur’s historical banks, including BNP Paribas and LCL. This partnership positions Sœur to leverage Style Capital's proven track record in globalizing contemporary fashion brands.

SOEUR, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 2004 by sisters Angélique and Domitille Brion, Sœur is a premium French women's ready-to-wear brand. Its business model focuses on "Parisian chic at a reasonable price," targeting an affluent (CSP+) female clientele aged 30 to 50. The brand's value proposition is rooted in a distinct aesthetic that blends masculine-feminine codes with high-quality materials. Strategically, Sœur has evolved from a pure apparel player into a lifestyle brand, with accessories now representing 25% of its turnover. The company operates an omnichannel distribution strategy through 50 proprietary boutiques, 500 wholesale points of sale, and a robust e-commerce platform contributing 30% of total sales. Known for its strong desirability and rapid growth, the brand has successfully expanded its international footprint, which now accounts for 30% of its global revenue.

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2022

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOEUR by STYLE CAPITAL are reserved for mynth community members. Register for free to unlock full data.

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).

Acquirer: style capital