mynth
02/2026

ADVENT INTERNATIONAL, FEDEX CORPORATION, A&R INVESTMENTS & PPF GROUP take majority stake in INPOST

POLAND Transport & Logistics / Freight Transport / Last Mile Delivery EV 3b - 100b EUR

Context

The transaction involves the acquisition of InPost by a consortium led by Advent International and FedEx Corporation, with A&R Investments Ltd. and PPF Group also participating as investors. The consortium has agreed to acquire all outstanding shares of InPost at a price of EUR 15.60 per share, valuing the company at approximately EUR 7.8 billion. The transaction is expected to be completed in the second half of 2026, subject to regulatory approvals and other customary closing conditions. The consortium believes that the transaction will support InPost's growth plans and help the company achieve its strategic objectives, including the expansion of its parcel locker network and the development of its consumer-centric digital solutions. With the support of the consortium, InPost is expected to continue to operate as a standalone company, with its head office remaining in Poland and its business operations maintained in their current form. The transaction is also expected to provide opportunities for FedEx to accelerate the growth of its out-of-home parcel delivery business in Europe, and to improve the efficiency of its last-mile operations. The consortium has committed financing in place, providing certainty of funds for the transaction, and has agreed to certain non-financial covenants following the settlement of the offer. Overall, the transaction is expected to create value for InPost's shareholders, customers, and employees, and to support the company's long-term growth and development.

INPOST, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

InPost is a leading European e-commerce solutions enabler specializing in out-of-home delivery and automated parcel lockers. The company offers secure, automated, and easily accessible parcel pickup solutions that generate profitable last-mile business-to-consumer shipments. With a network of 61,000 automated parcel lockers, combined with pick-up and drop-off locations and fast and flexible doorstep delivery options, InPost provides a comprehensive range of delivery solutions to its customers. The company has expanded successfully into Western Europe, quadrupling parcel volumes between 2020 and 2025, and benefits from strong tailwinds in the European delivery market, including rising consumer demand for speed and convenience, attractive pricing for merchants, and the shift towards more sustainable technology-enabled delivery solutions. InPost's business operations are maintained in their current form, with its head office remaining in Poland, and the company continues to operate under the InPost brand, bringing together a proven and visionary founder and long-term, experienced financial and strategic investors in the sector.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 2.5b - 5b EUR

EBITDA range: 500M - 1b EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INPOST by ADVENT INTERNATIONAL / FEDEX CORPORATION / A&R INVESTMENTS / PPF GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: inpost

Acquirer: fedex corporation / advent international / a&r investments / ppf group