At what enterprise value was WAIKATO MILKING SYSTEMS acquired in 2023?

During the acquisition of WAIKATO MILKING SYSTEMS by INTERPUMP GROUP in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M NZD. 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of WAIKATO MILKING SYSTEMS when it was acquired by INTERPUMP GROUP?

The estimated EV/EBITDA multiple for WAIKATO MILKING SYSTEMS is in the range of below 5x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was WAIKATO MILKING SYSTEMS acquired by INTERPUMP GROUP?

WAIKATO MILKING SYSTEMS was acquired by INTERPUMP GROUP in 2023.

What was the revenue of WAIKATO MILKING SYSTEMS at the time of the deal?

The revenue of WAIKATO MILKING SYSTEMS at the time of the deal is estimated to be in the range of 50M - 100M NZD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of WAIKATO MILKING SYSTEMS during the acquisition?

WAIKATO MILKING SYSTEMS's EBITDA is estimated to be in the range of 5M - 25M NZD. 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 WAIKATO MILKING SYSTEMS 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 WAIKATO MILKING SYSTEMS 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://www.marketscreener.com/quote/stock/INTERPUMP-GROUP-S-P-A-408413/news/Interpump-Group-S-p-A-BIT-IP-acquired-Waikato-Milking-Systems-NZ-LP-and-WMS-GP-LIMITED-for-enterp-43893772/

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Home Database Industry & ManufacturingWAIKATO MILKING SYSTEMS

05/2023

WAIKATO MILKING SYSTEMS acquired by INTERPUMP GROUP

NEW ZEALAND Industrial Equipment / Special Machinery EV 50M - 150M NZD

Context

Interpump Group has finalized the acquisition of 100% of the capital of Waikato Milking Systems, including its general partner entities. This strategic transaction represents a significant milestone in the group’s international expansion strategy, specifically targeting the high-growth Oceanic agricultural market. The strategic rationale for the move centers on the group's objective to further diversify its portfolio into the food and dairy technology sectors, leveraging the target's market leadership in New Zealand and Australia. By incorporating this technical specialist, the organization reinforces its global leadership in fluid handling while gaining access to specialized automated milking technologies. The partnership is designed to capitalize on the accelerating digital transformation of the global dairy industry, combining the group’s industrial scale with the target’s innovation-led automated systems. This integration facilitates the cross-pollination of technical expertise across the group’s multidisciplinary platforms, providing the strategic depth required to address increasing global demand for efficient food production systems. This move solidifies the group’s standing as a primary enabler of technological advancement in the agricultural supply chain.

WAIKATO MILKING SYSTEMS, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the Industry & Manufacturing sector (11.1x).

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

Waikato Milking Systems is a premier technology organization specializing in the development and supply of sophisticated mechanized milking solutions. The entity’s business model has evolved from the design and production of individual components to the delivery of fully integrated and automated dairy management systems. Its value proposition is centered on enhancing operational efficiency and animal welfare through technological innovation, providing farmers with high-precision fluid handling and monitoring tools. Strategically, the firm focuses on the digital transformation of the dairy industry, utilizing advanced sensor technology and automated workflows to optimize milk production. By maintaining a dominant position in the Oceanic market, the organization facilitates the modernization of agricultural practices for professional dairy producers. The entity prioritizes technical durability and precision engineering to maintain its status as an innovation leader in the global food supply chain.

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REFERENCES

Valuation range: EV 50M - 150M NZD

Revenue range: 50M - 100M NZD

EBITDA range: 5M - 25M NZD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of WAIKATO MILKING SYSTEMS by INTERPUMP GROUP 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: interpump group