Added to YB: 2024-06-28
Pitch date: 2024-06-28
LDB.MI [neutral]
Lindbergh S.p.A.
+289.47%
current return
Author Info
Company Info
Lindbergh S.p.A., together with its subsidiaries, provides logistics services in Italy and France. The company offers logistics services for networks of field maintenance technicians, including night distribution of spare parts, special waste and returns management, spare parts stock management, tools management and testing, and onsite services, as well as tools management and testing, PPE, and consumables services.
Market Cap
EUR 140.6M
Pitch Price
EUR 3.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.87
P/E
54.53
EV/Sales
4.46
Sector
Ground Transportation
Category
special_situation
Lindbergh (LDB.MI) Grows HVAC Presence with Acquisition of ENERGY PRO SYSTEM SRL
LDB.MI (update): HVAC acquisition at 4x EV/EBITDA (4.8x 3-yr avg). €2.4M deal: €120K upfront, €780K Jul close (€192K shares, €788K cash), €400K Dec'24, €1.1M 24-mo installments. Target: €42-50K monthly EBITDA, capex-light. Deal financed by cash flow. 30+ yr established biz. Slight dilution at 15x EV/EBITDA for 4-5x asset. Net cash position. Synergies expected.
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