Added to YB: 2024-06-28
Pitch date: 2024-06-28
LDB.MI [neutral]
Lindbergh S.p.A.
+132.11%
current return
Author Info
Company Info
Lindbergh S.p.A. provides maintains, repairs, and logistics solutions in Italy. The company offers spare parts delivery, return management system, personal protective equipment supply, tool testing, waste disposal, customized/on demand; and washing work clothing and accessories services.
Market Cap
EUR 32.8M
Pitch Price
EUR 3.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.76
P/E
28.29
EV/Sales
1.36
Sector
Ground Transportation
Category
special_situation
Lindbergh (LDB.MI) Grows HVAC Presence with Acquisition of ENERGY PRO SYSTEM SRL
LDB.MI: 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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