mynth
04/2019

STAVDAL acquired by RAMIRENT

SWEDEN Industrial Services / Equipment Rental EV 100M - 350M EUR

Context

Ramirent acquired Stavdal to create the market leader in Sweden. this deal was finalized just as Loxam was launching its tender offer for Ramirent, meaning Stavdal was immediately integrated into the Loxam group.

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

-> Deep-dive in Business Services market trends

Target

One of the leading general equipment rental companies in Sweden, with a strong presence in the Stockholm and Gothenburg metropolitan areas. Stavdal provides lifting equipment, construction machinery, and modular solutions.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2019INITIATIVE & FINANCENORD COFFRAGEFRANCEEquipment Rental
05/2019ACCES INDUSTRIENOVELISFRANCEEquipment Rental
03/2019SPEEDY HIRELIFTERZUNITED KINGDOMEquipment Rental
02/2019MISTRAS GROUPONSTREAM PIPELINE INSPECTIONCANADATIC (Testing, Inspection, Certification)
12/2018RAMIRENTSRV KALUSTOFINLANDEquipment Rental
10/2018KILOUTOUMICHAUD LOCATIONFRANCEEquipment Rental
06/2018MBO+GROUPE LOCATION TRANSPORTFRANCEEquipment Rental
06/2018WARBURG PINCUSSUPPLIER ASSESSMENT SERVICESUNITED KINGDOMTIC (Testing, Inspection, Certification)
05/2018CINVENJLAUNITED KINGDOMEquipment Rental
04/2018EUROFINS SCIENTIFICCOVANCE FOOD SOLUTIONSUNITED STATESTIC (Testing, Inspection, Certification)

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STAVDAL by RAMIRENT 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: ramirent