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06/2025

SOLO GROUP acquired by PLATINUM EQUITY

FRANCE Consumer Products EV 500M - 1.5b EUR

Context

Platinum Equity acquired 100% of Solo Group from the founder and management. Shortly after, Platinum acquired Dutch competitor XD Connects and merged it with Solo under a new holding entity (Sun II Ltd.). The combined group manages the entire value chain from product development and global procurement to on-demand printing and fulfillment for over 20,000 B2B customers.

SOLO GROUP, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

Founded in 1991, Solo Group is a European leader in the B2B market for personalizable corporate clothing and accessories. Following its 2022 acquisition of midocean, the group became a one-stop-shop for both textiles and hard goods (drinkware, tech accessories, bags). Solo operates a massive pan-European distribution network and advanced in-house customization facilities, serving over 19,000 customers.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOLO GROUP by PLATINUM EQUITY 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.

Press release: view release

Acquirer: platinum equity