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.

It is worth noting that the fund Qcapital took control of Venpa through an LBO in 2021.

VENPA, which reported an EBITDA margin of in 2024, 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 (11.3x).

-> Deep-dive in Business Services market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

Other operations with VENPA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
04/2021QCAPITALVENPAITALYEquipment Rental

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: sagard