GROUPE STERNE acquired by TIKEHAU CAPITAL
Context
Tikehau Capital, the alternative asset management group, has entered into exclusive negotiations to acquire a majority stake in Groupe Sterne, a European leader in high-value-added sustainable transport and logistics. Tikehau would invest via its T2 Energy Transition fund, succeeding Meanings Capital Partners, who led the group�s initial transformation and will significantly reinvest alongside the management team.
GROUPE STERNE, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Business Services sector (11.1x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
Sterne Group is a leading European provider of premium, low-carbon critical logistics and high-value urgent transportation services. Operating as a multimodal transport operator, freight forwarder, customs broker, and corporate mail solutions provider, the group specializes in both scheduled and on-demand premium shipping tailored to high-criticality industries (healthcare, luxury, banking, high-tech, and defense). Its core economic model relies on a highly integrated service architecture that optimizes supply chain velocity and agility for over 6,000 corporate clients. The organization operates through an extensive European network spanning 84 regional agencies, coordinating 170,000 daily delivery stops and over 3,500 emergency courier runs. A defining feature of Sterne's operational framework is its structural focus on low-carbon, overnight logistics, with 75% of deliveries executed at night, backed by a 100% Euro 5/Euro 6 compliant partner fleet that saves 100,000 tonnes of CO2 annually.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 250M - 500M EUR
EBITDA range: 25M - 50M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: groupe sterne
Acquirer: tikehau capital