Eight Advisory performed the financial due diligence of Amware Fulfillment on behalf of Staci
Eight Advisory performed the financial due diligence of Amware Fulfillment on behalf of Staci Group, a leading provider of integrated logistics and distribution solutions.
The acquisition of the US-based company, which operates 15 facilities across the country with 500 employees and reported 2022 revenue of $196 million, significantly strengthens Staci’s presence in the United States, as well as its e-commerce fulfillment capability.
The Staci Group now employs 3,500 people across 81 warehouses in eight countries (France, the United Kingdom, Belgium, the Netherlands, Germany, Italy, Spain and the United States) and expects consolidated revenue in excess of €800 million in 2023.
Since 2019, the investment fund Ardian has been the majority shareholder of Staci.
Pierre-David Forterre, Eight Advisory Partner, said:
“We are pleased to have assisted Staci with its acquisition of Amware Fulfillment, a major transaction that significantly strengthens the Group’s position in the US. This transaction demonstrates our ability to assist our clients in the context of their cross-border acquisitions in the US.”
Eight Advisory team:
• Pierre-David Forterre, Partner Transaction Services
• Louis Legros, Director Transaction Services