At what enterprise value was TRACTEL acquired in 2015?

During the acquisition of TRACTEL by CINVEN in 2015, 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 10.9x, providing a valuable benchmark for this transaction.

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. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

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. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of TRACTEL during the acquisition?

TRACTEL'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 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

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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 LOGIN in 2014, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (10.9x).

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.

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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.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
08/2022	ALIMAK	TRACTEL	LUXEMBOURG	Industrial Equipment	Alimak Group acquired Tractel from private equity firm Cinven after a seven-year holding period and allows Alimak to significantly diversify its product portfolio by integrating Tractel's market-leading manual lifting and height safety solutions. The deal creates a highly complementary industrial group with pro forma revenues exceeding EUR570 million. The strategic rationale focuses on cross-selling opportunities across a shared global customer base in construction and infrastructure, while leveraging Tractel's high-margin, recurring aftermarket services to enhance the combined group's overall profitability and resilience.

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

Acquirer: cinven