mynth
12/2024

TIBBLOC acquired by GIMV

FRANCE Industrial Services / Equipment Rental REV 25M - 50M EUR

Context

Gimv has partnered with the management team of Tibbloc to accelerate the company's growth within the sustainable temporary energy market. This private equity investment / LBO aligns with Gimv’s core thesis of backing businesses driving the energy transition. As a premier specialist in mobile, temporary heating, cooling, and steam solutions, Tibbloc serves as a mission-critical partner for industrial players, commercial real estate, and municipal district heating networks requiring operational continuity. The strategic partnership with Gimv will fund the expansion of Tibbloc's highly efficient, next-generation rental fleet, accelerate its green product roadmap (including biomass, biogas, and industrial heat pumps), and support a programmatic buy-and-build strategy to expand its geographical market share across Europe.

TIBBLOC, which reported an EBITDA margin of in 2023, 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).

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Target

Specialist in mobile heating, cooling, and steam rental solutions for Corporate and tertiary sectors.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Revenue 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 TIBBLOC by GIMV 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.

Acquirer: gimv