mynth
11/2024

VENPA acquired by SAGARD

ITALY Industrial Services / Equipment Rental REV 100M - 200M EUR

Context

Sagard MidCap acquired a majority stake in Venpa to accelerate its development. Between 2021 (entry of QCapital) and 2024, the group underwent a massive scale-up, growing its revenue from EUR40M to approx. EUR100M and its EBITDA from EUR14M to EUR40M (Expected 2024). This deal highlights the successful consolidation of the Italian rental market.

As a reminder, the company had previously received an investment from Qcapital in 2021.

VENPA, which reported an EBITDA margin of LOGIN in 2024, 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

Venpa is an Italian group founded in 1981 and headquartered in Dolo (Venice), specializing in the rental of construction lifting equipment and earth-moving machinery for the construction and infrastructure sectors, both in Italy and abroad. The company offers complementary services, including consultancy, assistance, training, and transportation. With a fleet of over 6,000 units, including aerial platforms, earth-moving machines, telehandlers, and mobile cranes, and a team of over 450 employees, Venpa is a leading operator in the rental equipment sector in Italy.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2024
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2023
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Other operations with VENPA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
04/2021QCAPITALVENPAITALYIndustrial Services

QCapital acquired a 42.5% stake in Venpa for EUR15 million. This primary LBO was designed to professionalize the family-owned business (Pege and Piovan families) and launch an aggressive "buy-and-build" strategy. Between 2021 and 2024, Venpa's revenue grew from EUR40M to EUR100M through multiple acquisitions (Nolotecnica, Torinoleggi, Loca Top).

REFERENCES

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 VENPA by SAGARD 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: sagard