At what enterprise value was UNIPEX acquired in 2019?

During the acquisition of UNIPEX by BNP PARIBAS DEVELOPPEMENT in 2019, 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 50M - 150M 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 Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of UNIPEX when it was acquired by BNP PARIBAS DEVELOPPEMENT?

The exact EV/EBITDA multiple for UNIPEX is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was UNIPEX acquired by BNP PARIBAS DEVELOPPEMENT?

UNIPEX was acquired by BNP PARIBAS DEVELOPPEMENT in 2019.

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

The revenue of UNIPEX at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 UNIPEX 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 UNIPEX 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/valorise-56-m-unipex-souvre-a-bnp-paribas-developpement-1141608

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Home Database Business ServicesUNIPEX

10/2019

UNIPEX acquired by BNP PARIBAS DEVELOPPEMENT

FRANCE B2B Specialized Distribution EV 50M - 150M EUR

Context

BNP Paribas Developpement invested EUR8.8 million to acquire a minority stake in Unipex. The management team, retains a two-thirds majority of the capital, while 5% is distributed to key managers. The deal is leveraged with a EUR27 million senior debt package arranged by Societe Generale. This operation allows the senior management (aged ~60) to realize some value while preparing the company for a full sale to a majority PE fund within 3-5 years.

UNIPEX, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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

Unipex is a distributor of specialty ingredients acting as an intermediary between chemical producers and manufacturers. The company serves the pharmaceutical, cosmetic, chemical, and food industries. It distributes approximately 1,700 ingredients to 1,600 clients across France, Benelux, and North Africa. Originally a division of the Unipex Group, it became independent in 2015. In 2018, the company generated EUR92 million in revenue.

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Other operations with UNIPEX

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
03/2022	BARENTZ	UNIPEX	FRANCE	B2B Specialized Distribution	Barentz acquired 100% of Unipex from its management team and BNP Paribas Developpement (who held ~27%). This transaction marks the successful conclusion of the OBO structure set up in 2019. The deal was negotiated bilaterally (pre-empting a broader auction). Unipex brings EUR90 million in additional revenue and strengthens Barentz's position in France and North Africa, where the Dutch group was historically underrepresented.

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of UNIPEX by BNP PARIBAS DEVELOPPEMENT 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: bnp paribas developpement