mynth
07/2022

SOFRANEL acquired by LOXAM

FRANCE Industrial Services / Equipment Rental REV 5M - 25M EUR

Context

Loxam acquired Sofranel to strengthen its footprint in the Hauts-de-France region. This tactical move was seen as a bold expansion into the "home turf" of its main rivals (Kiloutou and Acces Industrie). The integration added 8 agencies and approx. 70 employees to Loxam's national network.

The acquisition of Sofranel is part of the growth strategy of Loxam, which already has several external growth operations under its belt, notably Jm Trykluft in 2021.

SOFRANEL, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

A major independent regional player in Northern France specializing in the rental of public works equipment (TP) and earthmoving machinery. Sofranel operated 8 agencies and was known for its deep local roots and high-quality fleet.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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07/2022ABL GROUPADD ENERGYNORWAYEngineering & Consulting
05/2022DXP ENTERPRISESCISCO AIR SYSTEMSUNITED STATESIndustrial & Technical Distribution
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04/2022SOLOMAT LOCATIONLOCANETFRANCEEquipment Rental
03/2022BUFABTI MIDWOOD & COUNITED KINGDOMIndustrial & Technical Distribution
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02/2022HIG CAPITALBERARDI BULLONERIEITALYIndustrial & Technical Distribution

REFERENCES

Revenue 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 SOFRANEL by LOXAM 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: sofranel

Acquirer: loxam