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12/2018

SRV KALUSTO acquired by RAMIRENT

FINLAND Industrial Services / Equipment Rental EV 10M - 30M EUR

Context

Ramirent acquired the entire share capital of SRV Kalusto and simultaneously signed a long-term cooperation agreement to become the preferred equipment provider for SRV Group's construction sites. This allowed SRV to monetize its fleet and focus on construction, while Ramirent secured a major recurring revenue stream.

SRV KALUSTO, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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

The internal equipment rental arm of SRV Group Plc (a leading Finnish construction group). It managed approx. 25% of SRV s equipment needs, including cranes, site facilities, and construction machinery.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 10M - 30M EUR

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 SRV KALUSTO by RAMIRENT 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).

Press release: view release

Acquirer: ramirent