Trail Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Trail Capital has acquired 3 companies. It has also invested in 1 other.

Trail Capital’s most common sectors for investment areconsumer products (12%) and building materials (8%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (52%) and secondary buyout (32%). In total, Trail Capital has invested in 4 different countries. Its largest (disclosed) acquisition occurred in 2011 when it acquired Courtepaille for $160M.

In the last 3 years, Trail Capital has exited 3 companies. The Firm’s most common exit type is secondary buyout (62%). Trail Capital’s largest (disclosed) exit occurred in 2013 when it sold Alti SA for $85M.

Join Mergr to view Trail Capital’s full profile and discover more middle-market private equity firm investors just like it.

M&A Summary

  • M&A Total Activity43
    • M&A Buy Activity25
    • M&A Sell Activity18
  • Total Sectors Invested 19
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 11
  • M&A Advisors 6

Trail Capital

Trail Capital

12 Avenue Matignon,
Paris, 75 008
France
+33 1 55 35 55 00
www.trailcapital.eu
xmarin@trailcapital.eu

Trail Capital is a private equity firm focused on small to medium-sized French companies. Trail looks to make control equity investments and seeks to commit €20 to €50 million per transaction. The Firm is a 'hands on' investor and looks to work alongside management in building companies. Trail Capital was formed in 2007 and has offices in Paris, Beijing, and Luxembourg.


Investment Criteria

Sectors of Interest: Building Materials, Business Services, Chemicals, Communications, Consumer Products, Distribution, Environmental, Food, Healthcare Services, Information Technology, Internet Software and Services, Marketing, Medical Products, Restaurants, Retail, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Secondary Buyout

Geographic Preferences: Western Europe

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 20 50
Enterprise Value - -
values in millions of EUR

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 21 - 2 1 - 1 25
vol $160M $160M
Sell (0.8/yr) # 14 1 - 1 2 - 18
vol $105M $19M $124M
  43

Most Recent M&A

Company Date Value Type
Marcadé 2024-01-31 - Buyout (LBO, MBO, MBI)
Courbevoie, France · www.marcade-event.com
Serf 2023-12-18 - Trade Sale
Décines-Charpieu, France · www.serf.fr
Mazarine Group SAS 2023-02-02 - Sold to Management
Paris, France · www.mazarine.com
Sepur 2022-02-28 - Secondary Sale
Thiverval-Grignon, France · www.sepur.com
LV Overseas 2022-01-26 - Secondary Buyout
Bruges, France · www.leonvincent.fr
Breitling SA 2021-10-26 - Stake Purchase
Grenchen, Switzerland · www.breitling.com
zooplus AG 2021-10-25 - Going Private
Munich, Germany · www.zooplus.de
Courtepaille 2020-09-29 19M EUR Trade Sale
Courcouronnes, France · www.courtepaille.com
APM Monaco S.A.M. 2019-04-17 - Growth Capital
L’Hercule à Monaco, Monaco · www.apm.mc
Electropoli-Galvia spol. s r.o. 2019-03-28 - Buyout (LBO, MBO, MBI)
Tremosnice, France · www.electropoli.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Consumer Products 3 (43%) - 3 (12%) -
Building Materials - - 2 (8%) -
Business Services - - 2 (8%) -
Communications - - 2 (8%) -
Distribution - - 2 (8%) -
Restaurants - - 1 (4%) 160M (100%)
Chemicals 1 (14%) - 1 (4%) -
E-Commerce 1 (14%) - 1 (4%) -
Environmental - - 1 (4%) -
Food - - 1 (4%) -
Healthcare Services - - 1 (4%) -
Information Technology - - 1 (4%) -
Internet Software and Services - - 1 (4%) -
Marketing - - 1 (4%) -
Media 1 (14%) - 1 (4%) -
Medical Products - - 1 (4%) -
Retail - - 1 (4%) -
Software - - 1 (4%) -
Transportation 1 (14%) - 1 (4%) -
Total 7 - 25 $160M

Acquisitions By Geo

State/Country Current # Value All-time # Value
France 4 (57%) - 22 (88%) 160M (100%)
Germany 1 (14%) - 1 (4%) -
Monaco 1 (14%) - 1 (4%) -
Switzerland 1 (14%) - 1 (4%) -
Domestic 4 (57%) - 22 (88%) 160M (100%)
Cross-border 3 (43%) - 3 (12%) -
Total 7 - 25 $160M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 2 (29%) - 13 (52%) -
Secondary Buyout 2 (29%) - 8 (32%) 160M (100%)
Growth Capital 1 (14%) - 2 (8%) -
Going Private 1 (14%) - 1 (4%) -
Stake Purchase 1 (14%) - 1 (4%) -
Total 7 - 25 $160M

Exits by Deal Type

Type Total # Value
Secondary Sale 11 (61%) 20M (16%)
Trade Sale 3 (17%) 104M (84%)
Unknown 2 (11%) -
Sold to Management 1 (6%) -
Trade Sale - Public Company 1 (6%) -
Total 18 $124M

Top M&A Advisors

Financial Deals
Ernst & Young Capital Advisors LLC
 1
Legal Deals
August & Debouzy
 1
PwC Law
 1
Shearman & Sterling
 1

Deal Values

buy # Total
$100M to $1B 1 $160M
TOTAL $160M
Largest Courtepaille
$160M (2011-03-01)
sell # Total
< $100M 3 $124M
TOTAL $124M
Largest Alti SA
$85M (2013-06-28)

M&A Connections

Deals
Acquired from
Investor(s)
36%
9 (36%)
Exited to
Investor(s)
61%
11 (61%)
Strategic(s)
22%
4 (22%)

Investor Summary

Investor Type

Private Equity Firm

Size

Middle-Market

PE Assets

750M EUR

Established

2007

Specialist/Generalist

Generalist

Leadership

Xavier Marin

Co-Founder & Managing Partner

Amaury Lefébure

Partner

Arnaud de Cazanove

Partner

Hervé Machenaud

Partner

Maria Chatti-Gautier

Partner

FAQ

When was Trail Capital founded?

Trail Capital was founded in 2007.

What type of investor is Trail Capital?

Trail Capital is a private equity firm.

Where is Trail Capital headquartered?

Trail Capital is headquartered in Paris, France.

How much capital does Trail Capital have under management?

Trail Capital has 750M EUR under management.

 Subscribe to unlock this and 207,502
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal