Marketplace · Belgium
HVAC & electrical installation businesses in Tournai typically transact at 3.0x-4.5x EV/EBITDA, with a sector median of 3.7x in Belgium. Walloon border city with strong French commercial ties.
Tournai (population ~69,000, Hainaut) anchors hvac & electrical installation transactions at a 3.7x EV/EBITDA median, with most defensible deals landing between 3.0x (conservative) and 4.5x (strong recurring revenue). Walloon border city with strong French commercial ties. SMEs in agro-food, cross-border retail and regional services; deal flow often involves French acquirers.
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Browse all listingsFor a hvac & electrical installation SME in Tournai with normalised EBITDA above €200k, expect the headline price to anchor on a 3.7x EV/EBITDA multiple, with a working-capital peg, 5-15% escrow, and (in 35-45% of deals) an earn-out tied to year-one EBITDA or customer retention. Cross-border buyer interest from Dutch acquirers is consistently elevated.
Walloon border city with strong French commercial ties. SMEs in agro-food, cross-border retail and regional services; deal flow often involves French acquirers. For hvac & electrical installation specifically, Tournai's buyer pool typically includes regional family businesses, Benelux-wide strategic acquirers, and (for deals above ~€2m EV) PE-backed roll-up platforms.