CVC explores €1bn sale of marina operator D-Marin

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CVC explores €1bn sale of marina operator D-Marin

privateequitywire

4 months ago

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CVC Capital Partners is working with Goldman Sachs to explore a sale of Mediterranean marina operator D-Marin, according to a report by Bloomberg citing people familiar with the matter. The buyout firm is understood to be targeting a valuation of around €1bn.
D-Marin reportedly generates roughly €70m a year in earnings before interest, taxes, depreciation and amortisation, implying a multiple of about 15x Ebitda. Preparations for a sale are at an early stage and may not result in a transaction,...

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