Above €2 million of turnover, an acquisition runs like an M&A deal: letter of intent, data room, due diligence and a warranty package.
Headcount
10 salariés et plus
Turnover
> 2 M€
Purchase price
> 800 000 €
Industry, wholesale, transport, technical services and multi-site groups. Valuations sit at 4–8× EBITDA, with a heavy discount in insolvency.
Acquisition holding, 30% equity, senior debt, mezzanine or unitranche, with possible regional fund co-investment.
Six to twelve months in a standard sale, versus a few weeks in a court transfer plan where the court sets the timetable.
Strongly recommended above €2M turnover, alongside a business lawyer and an accountant for due diligence.
4–8× EBITDA depending on sector, revenue recurrence and the quality of the management team in place.