At what enterprise value was TRACTEL acquired in 2015?

During the acquisition of TRACTEL by CINVEN in 2015, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of TRACTEL when it was acquired by CINVEN?

The estimated EV/EBITDA multiple for TRACTEL is in the range of 5x - 12x.

When was TRACTEL acquired by CINVEN?

TRACTEL was acquired by CINVEN in 2015.

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

The revenue of TRACTEL at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of TRACTEL during the acquisition?

TRACTEL's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the TRACTEL 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 TRACTEL 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://capitalfinance.lesechos.fr/deals/lbo/pour-son-cinquieme-lbo-tractel-seleve-avec-cinven-110263

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.6x.

← DATABASE

Home Database Industry & ManufacturingTRACTEL

07/2015

TRACTEL acquired by CINVEN

LUXEMBOURG Industrial Equipment / Special Machinery / Lifting & Handling EV 300M - 700M EUR

Context

Cinven acquired Tractel from LBO France to leverage its leading market position and scalable distribution network. The investment thesis relied on a combination of organic growth, driven by the post-crisis construction recovery in Europe and the US, and a strategic consolidation play. Given the highly fragmented nature of the "working-at-height" sub-sector, Cinven utilized Tractel as a platform to acquire smaller regional specialists in fall protection and maintenance services, ultimately professionalizing the group's global operations and expanding its high-margin service offerings.

TRACTEL, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Tractel is a global leader providing critical safety and lifting solutions, specifically engineered for high-stakes working-at-height environments. Established in 1941, the group has built a strong reputation through its proprietary brands like Tirfor (manual hoists) and Tirak (electric hoists), which are industry standards for reliability and durability. Its comprehensive portfolio spans from suspended access platforms and Corporate pulleys to personal protective equipment (PPE) such as advanced harnesses and fall-arrest systems. Operating in a highly regulated safety market, Tractel leverages a massive network of 8,000 Corporate distributors and serves diverse end-markets including construction, infrastructure, energy, and telecommunications across 120 countries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2014

2013

Other operations with TRACTEL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
08/2022	ALIMAK	TRACTEL	LUXEMBOURG	Lifting & Handling

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 TRACTEL by CINVEN 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: cinven