VECTORYS acquired by IDIA CAPITAL INVESTISSEMENT, BPIFRANCE & SOFIPACA
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).
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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.
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REFERENCES
Revenue range: 100M - 200M EUR
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Target: vectorys
Acquirer: idia capital investissement / sofipaca / bpifrance