At what enterprise value was UTAC CERAM acquired in 2020?

You can find the full valuation details of UTAC CERAM on mynth capital. 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 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of UTAC CERAM when it was acquired by EURAZEO / FCDE (FONDS DE CONSOLIDATION ET DE DEVELOPPEMENT DES ENTREPRISES)?

The exact EV/EBITDA multiple for UTAC CERAM is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

What was the revenue of UTAC CERAM at the time of the deal?

The revenue of UTAC CERAM 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 was the EBITDA of UTAC CERAM during the acquisition?

UTAC CERAM's EBITDA is estimated to be in the range of 10M - 30M 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 UTAC CERAM 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 UTAC CERAM 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://echanges.dila.gouv.fr/OPENDATA/AMF/ECO/2020/09/FCECO056557_20200930.pdf

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Home Database Business ServicesUTAC CERAM

09/2020

UTAC CERAM acquired by EURAZEO & FCDE (FONDS DE CONSOLIDATION ET DE DEVELOPPEMENT DES ENTREPRISES)

FRANCE Industrial Services / TIC (Testing, Inspection, Certification) REV 50M - 100M EUR

Context

Eurazeo PME acquired a majority stake in Utac Ceram from FCDE in a secondary LBO transaction. The deal involved an equity investment of EUR80 million from the lead acquirer, while the historical shareholder, FCDE, reinvested alongside the CCFA to maintain minority interests. The transaction was supported by a unitranche debt facility provided by an international private debt specialist. The investment strategy is designed to decouple the target's governance from historical industrial ties and fuel a new phase of international expansion. Specifically, the partnership aims to fund the acquisition of complementary technical skills and competitors outside of France, capitalizing on the rapid growth of electric, hybrid, and autonomous vehicle technologies.

UTAC CERAM, which reported an EBITDA margin of LOGIN in 2019, 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 (11.0x).

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

Utac Ceram is a french specialist in vehicle homologation and testing provides technical services for the global automotive and transport industries. The group is a leader in institutional and regulatory testing, offering expertise in autonomous and connected vehicle trials. It operates multiple technical centers in France and is expanding its footprint to include hot-weather testing facilities in Morocco. As a trusted partner for safety and environmental certification, the company supports manufacturers through the entire vehicle development cycle. Since its transition to private equity ownership, the group has pursued an active international growth strategy to build a scaled European platform for automotive validation.

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Other operations with UTAC CERAM

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2020	UTAC CERAM	MILLBROOK	UNITED KINGDOM	Industrial Services	Utac Ceram acquired 100% of Millbrook from the British group Spectris. This transformative transaction, signed shortly after the acquirer's secondary LBO, allowed the group to double its size in terms of both revenue and headcount. The strategic rationale is centered on creating the most comprehensive vehicle testing and validation offering in the European market by combining the acquirer's autonomous vehicle expertise with the target's electric vehicle testing capabilities. Geographically, the merger provides a balanced footprint for both hot and cold weather testing and strengthens the group's position with international manufacturers, particularly through shared teams in China and the United States. Financing for the operation was secured as part of the group's recent leveraged buyout.

REFERENCES

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of UTAC CERAM by EURAZEO / FCDE (FONDS DE CONSOLIDATION ET DE DEVELOPPEMENT DES ENTREPRISES) 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: fcde (fonds de consolidation et de developpement des entreprises) / eurazeo