mynth
06/2024

STID acquired by CAPITAL CROISSANCE

FRANCE Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 50M - 150M EUR

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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STID by CAPITAL CROISSANCE 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.

Acquirer: capital croissance