mynth
07/2023

TIKAMOON acquired by GROUPE LFPI

FRANCE Retail / Specialized Retail / Home & DIY REV 100M - 200M EUR

Context

The French sustainable furniture e-tailer Tikamoon organizes a secondary LBO ("LBO Bis") to reshuffle its cap table. The financial investor Edmond de Rothschild Equity Strategies (ERES), present since 2020, exits entirely. It is replaced by the LFPI Group, which takes a minority stake alongside the founders, who remain majority shareholders. This operation aims to finance an ambitious growth plan ("TikaGreen") targeting EUR300 million in revenue by 2027, including international expansion and the potential opening of physical stores.

TIKAMOON, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.9x).

-> Deep-dive in Retail & Consumer market trends

Target

A French digital native brand specializing in sustainable solid wood furniture. Founded in 2008, the company controls its entire value chain (design, manufacturing, distribution) to ensure quality and sustainability. It operates solely online (until potential physical expansion) and generates half of its sales internationally (Germany, UK, Italy, Spain)

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
2021

Similar deals in Retail

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
12/2023TORQX CAPITAL PARTNERSBETER BEDNETHERLANDSHome & DIY
11/2023MARSHOTEL CHOCOLAT GROUPUNITED KINGDOMFine Food / Organic
06/2023CAPZAARLETTIEFRANCESpecialized Retail
06/2023MATAS GROUPKICKS GROUPSWEDENBeauty & Cosmetics
05/2023ASDA GROUPEG GROUP (UK & IRELAND OPERATIONS)UNITED KINGDOMGeneral Grocery
05/2023JD SPORTSCOURIRFRANCESport
10/2022GENEOI-RUNFRANCESport
01/2022GROUPE IDIEKO SPORTFRANCESport
12/2021LBO FRANCEALLIANCE MARINEFRANCESport
09/2021PROPOLIS DEVELOPPEMENTBONABIOFRANCEFine Food / Organic

REFERENCES

Revenue 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 TIKAMOON by GROUPE LFPI 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.

Target: tikamoon

Acquirer: groupe lfpi