When was GROUPE ASTR IN acquired by AQUASOURCA?

GROUPE ASTR IN was acquired by AQUASOURCA in 2021.

What was the revenue of GROUPE ASTR IN at the time of the deal?

The revenue of GROUPE ASTR IN at the time of the deal is estimated to be in the range of 50M - 100M EUR.

How is the data for the GROUPE ASTR IN acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GROUPE ASTR IN deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://capitalfinance.lesechos.fr/deals/lbo/aquasourca-et-stags-sarriment-a-astrin-1282831

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesGROUPE ASTR IN

04/2021

GROUPE ASTR IN acquired by AQUASOURCA

FRANCE Transport & Logistics / Freight Transport REV 50M - 100M EUR

Context

Aquasourca, accompanied by Stags, acquired a minority stake in Astr’in. The transaction was structured as an Owner Buy-Out (OBO), allowing the founders to cash out partially while retaining the majority of the capital and operational control. Key managers also increased their stakes. The new capital is earmarked to finance the expansion of the agency network (currently 5), the opening of new logistics platforms, and specific investments in the handling and storage of hazardous materials (Seveso constraints).

GROUPE ASTR IN, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Founded in 2002 near Lyon, Astr in began as a freight forwarder (charterer) before vertically integrating to become a complete logistics provider. The group operates a hybrid model: it owns a fleet of 110 trucks for transport and manages nearly 100,000 sqm of warehousing space for logistics. It serves a diversified client base ranging from specialized retail (Decathlon, Veepee, Boulanger) to heavy industry (K-Line) and energy (Enedis).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2021

2020

Similar deals in Transport & Logistics

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2021	TIKEHAU CAPITAL	GROUPE STERNE	FRANCE	Road Freight
08/2021	MAERSK (A.P. MOLLER - MAERSK)	B2C EUROPE	NETHERLANDS	Last Mile Delivery
12/2020	EQT PARTNERS	TORGHATTEN	NORWAY	Marine Passenger
10/2020	GENEO	GROUPE BBL	FRANCE	Logistics
05/2020	SIPAREX / BPIFRANCE	GROUPE TOP CHRONO	FRANCE	Last Mile Delivery
01/2020	CVC	D-MARIN	GREECE	Infrastructure & Ground Services
12/2019	OAKTREE CAPITAL MANAGEMENT	FORTIDIA	ITALY	Warehousing / 3PL
09/2019	MACSF	STAR SERVICE	FRANCE	Last Mile Delivery
12/2018	ARKEA CAPITAL / UNEXO / SOCADIF	GROUPE MALHERBE	FRANCE	Road Freight
09/2018	OUEST CROISSANCE	LES VEDETTES DE PARIS	FRANCE	Marine Passenger

REFERENCES

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE ASTR IN by AQUASOURCA 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.

Target: groupe astr in

Acquirer: aquasourca