At what enterprise value was TAPÌ acquired in 2023?

During the acquisition of TAPÌ by STIRLING SQUARE 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 300M - 700M 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TAPÌ when it was acquired by STIRLING SQUARE CAPITAL?

The estimated EV/EBITDA multiple for TAPÌ is in the range of 10x - 18x. For comparison, the Industry & Manufacturing 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 TAPÌ acquired by STIRLING SQUARE CAPITAL?

TAPÌ was acquired by STIRLING SQUARE CAPITAL in 2023.

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

The revenue of TAPÌ at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of TAPÌ during the acquisition?

TAPÌ's EBITDA is estimated to be in the range of 25M - 50M 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 TAPÌ 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 TAPÌ 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://bebeez.it/private-debt/i-tappi-di-tapi-passano-ufficialmente-a-stirling-square-tikehau-finanzia-loperazione-sottoscrivendo-bond-pik/

← DATABASE

Home Database Industry & ManufacturingTAPÌ

04/2023

TAPÌ

Acquired by

STIRLING SQUARE CAPITAL

ITALY Chemicals & Materials / Packaging & Containers EV 300M - 700M EUR

TAPÌ acquired by STIRLING SQUARE CAPITAL

ITALY Chemicals & Materials / Packaging & Containers EV 300M - 700M EUR

Context

The acquisition of Tapì by Stirling Square Capital Partners marks a significant milestone in the company's history, as it transitions from Wise Equity's ownership to a new phase of growth and development. The strategic rationale behind the deal is rooted in Stirling Square's recognition of Tapì's market-leading position in the luxury closures market and its potential for further expansion. With its strong brand reputation, innovative products, and global customer base, Tapì is well-positioned to capitalize on the growing demand for premium and luxury packaging solutions. Stirling Square's investment will support Tapì's continued growth, both organically and through strategic acquisitions, as the company seeks to consolidate its position in the global market. The deal also reflects the increasing importance of sustainability and ESG considerations in the packaging industry, as Tapì's commitment to environmental responsibility and social accountability aligns with Stirling Square's values and investment philosophy.

TAPÌ, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Industry & Manufacturing 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.

-> Deep-dive in Industry & Manufacturing market trends

Target

Tapì is a leading global manufacturer of luxury closures, specializing in the design and production of high-end caps for the premium and super premium spirits market. Founded in 1999 in the Veneto region of Italy, Tapì has established itself as a world leader in the niche market of 'bar top' closures for luxury bottles. With production sites in Italy, France, Mexico, and Argentina, the company serves over 5,000 clients across more than 60 countries. Tapì's product portfolio includes closures for wines, spirits, condiments, cosmetics, and beers, with a strong focus on innovation, quality, and sustainability. Under the leadership of CEO Roberto Casini, Tapì has experienced significant growth, with revenues increasing from approximately €35 million in 2017 to €125 million in 2022. The company's commitment to excellence and customer satisfaction has earned it a reputation as a trusted partner in the luxury packaging industry.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Other operations with TAPÌ

Date	Acquirer	Target	Country	Sector	Deal Context
02/2017	WISE EQUITY	TAPÌ	ITALY	Chemicals & Materials	Tapì is a leading global manufacturer of luxury closures, specializing in the design and production of high-end caps for the premium and super premium spirits market. Founded in 1999 in the Veneto region of Italy, Tapì has established itself as a world leader in the niche market of 'bar top' closures for luxury bottles. With production sites in Italy, France, Mexico, and Argentina, the company serves over 5,000 clients across more than 60 countries. Tapì's product portfolio includes closures for wines, spirits, condiments, cosmetics, and beers, with a strong focus on innovation, quality, and sustainability. Under the leadership of CEO Roberto Casini, Tapì has experienced significant growth, with revenues increasing from approximately €35 million in 2017 to €125 million in 2022. The company's commitment to excellence and customer satisfaction has earned it a reputation as a trusted partner in the luxury packaging industry.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

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

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: tapì

Acquirer: stirling square capital