April 4, 2024

An investor consortium led by PE firm CapMan's growth fund acquires waste treatment machinery provider Tana

Press Release
PE firm CapMan has invested in environmental technology company Tana through its fund CapMan Growth Equity III. Tana specializes in waste pretreatment products. The investment is made in conjunction with long-time business advisor and Normet Group's major owner Aaro Cantell and Mutual Pension Insurance Company Elo. Tana provides intelligent devices and solutions for solid waste management, serving its customers in over 50 countries through its extensive distribution network. The parties' common goal is to invest in strong business growth in the future. Long-time Tana owner Kari Kangas and family will continue as the company's largest owners. Tana reported revenues of EUR 61m and an EBITDA of EUR 6.5m in 2023-03. HLP Corporate Finance acted as sellside financial advisor in connection with the transaction. Tana was first and exclusively featured by NKP as an upcoming exit candidate in a 'company to watch' report in July 2023, followed by multiple updates throughout the fall with the la
Transaction announcement
Originally surfaced by NKP | M&A Insights as:
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January 29, 2024

Update: Final bids have recently been submitted in the HLP Corporate Finance-guided sale process for Tana, a Finnish provider of waste treatment machinery (NKP Proprietary)

[log in to app.mainsights.io to read the full analysis as it was originally presented]
NKP | M&A Insights Proprietary
Early coverage by NKP | M&A Insights (headline)
July 6, 2023

Company to watch: The owners of Tana, a well-performing Finnish waste treatment solutions provider, may explore ownership options in H2-2023 according to multiple sources - FY22 revenue of EUR 37.6m (+41% YoY) and EBITDA of EUR 5.8m (NKP Proprietary)

[log in to app.mainsights.io to read the full analysis as it was originally presented]
NKP | M&A Insights Proprietary
Early coverage by NKP | M&A Insights (headline)

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Answers to questions you might have about NKP | M&A Insights.

What does M&A Insights do?

Established in 2018 by a former private equity investment professional, NKP | M&A Insights is an independent intelligence provider serving investors and advisory firms active in private M&A markets.

We deliver proprietary, subscriber-only coverage of live and emerging M&A situations, supported by structured data on historical transactions, ownership developments, and valuation benchmarks.

Who is M&A Insights for?

NKP | M&A Insights serves professional participants across the M&A ecosystem who rely on early, accurate market intelligence.

Our subscriber base includes private equity funds, direct lenders, investment banks, corporate finance boutiques, law firms, audit and advisory firms, strategy consultancies, and transaction insurance providers.

How is M&A Insights different from traditional providers?

NKP’s coverage differs from traditional providers along three dimensions: breadth, timing, and analytical approach.

First, we surface materially more relevant live situations by relying primarily on non-public sources and systematic signal monitoring, resulting in several times higher coverage density across sectors and size tiers within the markets we cover.

Second, situations are typically identified and verified at an earlier, pre-process stage, providing subscribers with earlier visibility than public or transaction-driven channels.

Finally, NKP is built by and for investment professionals. Our team’s financial background - and the firm’s origins in private equity - are reflected in an investor-centric, data-driven research model focused on decision-useful insight rather than journalistic reporting.

​Which markets does M&A Insights cover?

NKP focuses on proprietary M&A intelligence across the Nordics, DACH, and UK & Ireland, primarily covering lower mid-market and larger transactions.

On average, we surface 4–6 new actionable opportunities per weekday across these markets, typically several months before they reach public or traditional M&A news channels.

Our coverage spans live, coming, and paused processes, supported by structured historical transaction data and valuation benchmarks to provide context alongside timing signals.

Where does M&A Insights gets its information from?

NKP is a primary intelligence platform focused on non-public M&A processes across Northern Europe.

Our coverage is built through a combination of bilateral primary sources - including company owners, investors, and intermediaries - continuous monitoring of market signals, and internal verification and enrichment prior to publication.

We operate with strict source protection standards and never disclose sources without explicit permission.

What is the business model of M&A Insights?

NKP operates on a pure subscription model. Clients pay a fixed annual fee for access to our intelligence platform and coverage.

We do not charge for editorial coverage, receive referral or success fees, or participate in transactions. This structure ensures our incentives are aligned solely with delivering high-quality, decision-useful intelligence to our subscribers.

​Where is M&A Insights based?

NKP is headquartered in Hellerup, Denmark.

Our team combines native language capabilities with financial and analytical backgrounds, supporting our deep regional focus across Northern Europe.

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Access to NKP | M&A Insights is provided through an active subscription. Subscribers receive daily email coverage and have personal login credentials for the platform.

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