Bicicletes aquàtiques al mar

Advice on the sale of a water bike company with international presence

Summary

ST strategy advised the shareholders on the search for a buyer or industrial partner.

Water sports and premium nautical tourism are growing markets that demand innovative, safe, high-quality products. Water bikes combine cycling and water sports in a single experience.
AquaBikes* is a pioneer in the design and manufacture of water bikes, with in-house R&D, premium positioning in yachts, rental and leisure, and an international dealer network. It is a profitable company with a mature product.
ST strategy advised the shareholders on the sale of the company or the entry of a partner.

Water sports

Sale of the company

International process

The full story

Opportunity

With the product consolidated, the next step was growth. The shareholders were looking for a partner with experience in the bicycle industry or with international distribution capacity to scale the business.

Recommendations

Based on the analysis carried out by ST strategy, we worked on the sale process:

  • Valuation: Preparation of the financial plan and the approximation of the company’s value, updated during the process.
  • Documentation: All the documents needed to go to market were prepared in Spanish and English (Information Memorandum, Teaser and Screening).
  • International process: Outreach to more than 60 strategic and financial buyers in Europe, America and Asia: bicycle manufacturers, mobility groups, distributors and private equity funds, with meetings and continuous follow-up.
  • Conclusions: Structured analysis of buyer feedback to guide the company’s future strategy.

* The confidentiality of our clients is a priority of the company. Although we have changed their names, the information is real.