mynth
05/2022

VECTORYS acquired by IDIA CAPITAL INVESTISSEMENT, BPIFRANCE & SOFIPACA

FRANCE Transport & Logistics / Freight Transport / Road Freight REV 100M - 200M EUR

Context

Vectorys, the leading logistics provider for Europe-North Africa flows, completes its third LBO (LBO ter). The group welcomes a new financial partner, IDIA Capital Investissement, while historical backers Bpifrance and Sofipaca reinvest. This operation, which raises EUR26 million (including debt refinancing), allows the management team led by Nabgha Salem to retain a strong majority control while securing resources to accelerate growth, particularly in the logistics sector in Tunisia and through digitization.

VECTORYS, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

A specialized transport and logistics group operating mainly between Europe and North Africa (Tunisia, Morocco, Algeria, Libya, Malta). It acts as a multimodal freight forwarder and operates a significant fleet of over 1,100 trailers (semi-remorques), serving automotive, textile, and retail industries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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01/2022CFTR (COMPAGNIE FRANCAISE DES TRANSPORTS REGIONAUX)AUTOCARS MAISONNEUVEFRANCEBus & Coach
01/2022CMA-CGMCOLIS PRIVEFRANCELast Mile Delivery
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10/2021TIKEHAU CAPITALGROUPE STERNEFRANCERoad Freight
08/2021MAERSK (A.P. MOLLER - MAERSK)B2C EUROPENETHERLANDSLast Mile Delivery
04/2021AQUASOURCAGROUPE ASTR INFRANCEFreight Transport
12/2020EQT PARTNERSTORGHATTENNORWAYMarine Passenger

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 VECTORYS by IDIA CAPITAL INVESTISSEMENT / BPIFRANCE / SOFIPACA 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: vectorys

Acquirer: idia capital investissement / sofipaca / bpifrance