At what enterprise value was GROUPE STERNE acquired in 2021?

During the acquisition of GROUPE STERNE by TIKEHAU CAPITAL in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE STERNE when it was acquired by TIKEHAU CAPITAL?

The estimated EV/EBITDA multiple for GROUPE STERNE is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was GROUPE STERNE acquired by TIKEHAU CAPITAL?

GROUPE STERNE was acquired by TIKEHAU CAPITAL in 2021.

What was the revenue of GROUPE STERNE at the time of the deal?

The revenue of GROUPE STERNE at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GROUPE STERNE during the acquisition?

GROUPE STERNE's EBITDA is estimated to be in the range of 25M - 50M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the GROUPE STERNE 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 STERNE 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://www.groupe-sterne.com/wp-content/uploads/2023/10/Tikehau-x-Sterne-fevrier-2022.pdf

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Home Database Business ServicesGROUPE STERNE

10/2021

GROUPE STERNE acquired by TIKEHAU CAPITAL

FRANCE Transport & Logistics / Freight Transport / Road Freight EV 300M - 700M EUR

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.

-> Deep-dive in Business Services market trends

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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Similar deals in Business Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
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12/2021	BASALT INFRASTRUCTURE PARTNERS	NOBINA	SWEDEN	Transport & Logistics	Basalt Infrastructure Partners launched a public takeover bid for Nobina, delisting the company from the Nasdaq Stockholm. The offer priced at SEK 108 per share represented a significant premium. Basalt aims to support Nobina's long-term growth and transition to electric fleets as a private owner
08/2021	MAERSK (A.P. MOLLER - MAERSK)	B2C EUROPE	NETHERLANDS	Transport & Logistics	A.P. Moller – Maersk has completed the acquisition of B2C Europe Holding. The deal, initially announced in August 2021, was finalized following regulatory approvals and represents a critical step in Maersk’s e-commerce logistics expansion in Europe
04/2021	AQUASOURCA	GROUPE ASTR IN	FRANCE	Transport & Logistics	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
12/2020	EQT PARTNERS	TORGHATTEN	NORWAY	Transport & Logistics	The deal involves EQT Infrastructure V fund's voluntary cash offer to acquire all outstanding shares in Torghatten ASA, excluding the airline segment, through HATI BidCo AS. The offer price is set at NOK 175 per share, with an additional distribution of shares in Flyco AS to existing shareholders, valuing each Torghatten share at NOK 192
10/2020	GENEO	GROUPE BBL	FRANCE	Transport & Logistics	BBL Invest, the holding company controlling the BBL Group, has signed a capital agreement with the investment company GENEO Capital Entrepreneur. This transaction, worth a total of EUR15 million, strengthens the BBL Group's equity capital and provides it with long-term resources to finance its growth
05/2020	SIPAREX / BPIFRANCE	GROUPE TOP CHRONO	FRANCE	Transport & Logistics	Siparex and Bpifrance acquired a 51% majority stake in Top Chrono during the company's first-ever LBO. The transaction facilitated the exit of founders. The strategic rationale focuses on scaling Top Chrono's national footprint beyond the Paris region and capitalizing on the structural shift toward home delivery accelerated by the health crisis
12/2019	OAKTREE CAPITAL MANAGEMENT	FORTIDIA	ITALY	Transport & Logistics	Oaktree Capital Management made a strategic minority investment in MBE Worldwide, a global provider of logistics and business services. The transaction was structured as a significant capital increase, with the investment proceeds intended to fuel the company's next phase of growth
09/2019	MACSF	STAR SERVICE	FRANCE	Transport & Logistics	Star Service has completed its third leveraged operation (an OBO) to diversify its shareholding and support a new phase of healthcare-led growth. In this transaction, the founder and the management team (which has expanded since the previous 2013 operation) maintain majority control of the capital
12/2018	ARKEA CAPITAL / UNEXO / SOCADIF	GROUPE MALHERBE	FRANCE	Transport & Logistics	The management team reorganized the capital structure to consolidate their majority position. Existing sponsors Siparex and NCI exited after a 5-year cycle. The new investor pool (Arkea, Unexo, Socadif) injected EUR35 million in equity

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE STERNE by TIKEHAU CAPITAL are reserved for mynth community members. Register for free to unlock full data.

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