Natixis Partners advised Stellantis on the IPO of its used car subsidiary, Aramis Group

French leading second-hand car group Aramis made its debut on Euronext Paris on 18 June 2021. The IPO valued Aramis at around €1.9bn post money and included: - a €250m primary tranche which increases the group’s financial flexibility to support its development and growth strategy; - a €138m secondary tranche (before exercise of the over-allotment option) providing liquidity to Aramis Group founders as well as other minority shareholders. The total amount of the transaction amounted to c. 388 million euros and may be increased to c. 446 million euros in case of full exercise of the over-allotment option granted by the Founders of the Company. Post IPO, Stellantis, which did not sell any shares in the transaction, remains the controlling shareholder of Aramis Group with a 61% stake. Aramis Group is a French leading European B2C platform to acquire a used car online and brings together four brands: Aramisauto, Cardoen, Clicars and CarSupermarket, in France, Belgium, Spain and the UK respectively. Experiencing a double-digit growth, the group is transforming the used car market and is putting digital technology at the service of customer satisfaction with a fully vertically integrated business model. Including CarSupermarket’s contribution (UK used car retailer acquired in March 2021), Aramis Group had pro forma revenues of €1.1 billion in 2020, sold 66,000 vehicles B2C, and had 1,400 employees, 60 customer centers and 3 industrial refurbishing sites. Natixis Partners is acting as financial adviser to Stellantis on this transaction. Natixis Partners was also advising Stellantis when it acquired a majority stake in Aramis in 2016.