STID acquired by CAPITAL CROISSANCE
Context
STid opened its capital to the private equity fund Capital Croissance through a capital increase to fund its ambitious international expansion plan. The management team retains control. The fresh capital aims to accelerate deployment in North America and the Middle East, and to support continued R&D investment in high-security architectures. This move comes as the company experiences strong double-digit growth.
STID, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).
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Target
STid is a leading French manufacturer specializing in high-security contactless identification solutions. The company designs and produces secure access control readers, hands-free identification systems, and vehicle tracking solutions using RFID, NFC, and Bluetooth® technologies. Recognized for its "open technology" approach and First Line of Defense certification (ANSSI), STid serves high-sensitivity clients in government, defense, and corporate sectors.
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REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 10M - 30M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: capital croissance