IDI: sale of Flex Composite Group finalized
'Over the last eight years, EBITDA has increased more than fivefold, with sales reaching 200 million euros. The FCG group now has over 400 employees, compared with 80 in 2015', stresses the private equity firm.
This sale gives IDI a 12x multiple and an IRR of 38%. IDI will also benefit from increased financial resources to continue supporting its investment momentum since January 1.
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