Ardian Growth acquired a minority stake in Kapten & Son to support the company's international expansion and operational scaling. The investment was made through the EUR320 million Ardian Growth Fund II. The founders retained a majority stake to remain incentivized as they collaborate with Ardian on a strategic roadmap. This partnership focuses on further penetrating the German market followed by a targeted entry into the French market and eventually global expansion. The growth strategy includes a potential buy-and-build approach in niche segments and the co-development of new product lines, leveraging Ardian's pan-European network and digital expertise to transition the brand from a regional leader to a global lifestyle player.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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.