The Rexel Group has agreed to pay $725 million to acquire GE Supply, the electrical distribution arm of General Electric. That price represents a roughly 7X EBITDA valuation, according to MDM estimates. That valuation is more in line with industry norms compared with prices paid in deals announced earlier this year.
The Rexel Group has agreed to pay $725 million to acquire GE Supply, creating a company with revenues of about $4.7 billion and making it one of the top three electrical distributors in the U.S.
That price represents a roughly 7X EBITDA valuation, according to MDM estimates, a number Rexel's U.S. chief Dick Waterman didn't dispute in an interview. We normally don't disclose that, but let's just say you're in the neighborhood," said ...
Share/Bookmark
The Rexel Group has agreed to pay $725 million to acquire GE Supply, the electrical distribution arm of General Electric. That price represents a roughly 7X EBITDA valuation, according to MDM estimates. That valuation is more in line with industry norms compared with prices paid in deals announced earlier this year.
The Rexel Group has agreed to pay $725 million to acquire GE Supply, creating a company with revenues of about $4.7 billion and making it one of the top three electrical distributors in the U.S.
That price represents a roughly 7X EBITDA valuation, according to MDM estimates, a number Rexel's U.S. chief Dick Waterman didn't dispute in an interview. We normally don't disclose that, but let's just say you're in the neighborhood," said ...
Critical Profit Drivers
Economic Update:
7 Minutes With ...
Leave a Comment