Excerpt from our non-proprietary historical coverage
March 30, 2026

Axcel acquires infrastructure management software provider Geomatikk from Hg at an EV of GBP 300m - EV/EBITDA of 13.2x

Private Equity News
Axcel has reportedly acquired Geomatikk, an infrastructure management technology platform, from its PE backer Hg at an EV of GBP 300m, corresponding to an EV/EBITDA (2025) of 13.2x. Since 2025, Hg's Guggenheim-advised exit process for Geomatikk has been covered extensively through proprietary updates, with NKP | M&A Insights first and exclusively highlighting Geomatikk as a "Company to Watch" in March 2025. Based in Oslo, Geomatikk offers software and services for the management and safeguarding of underground infrastructure, documentation and surveying of network infrastructure, and electronic archiving solutions. Following Hg's acquisition of a 65% stake in the company in December 2020, Geomatikk has expanded internationally through an M&A-led strategy, completing nine acquisitions across five regions. According to NKP | M&A Insights’ sources, Geomatikk projects revenues of approximately NOK 1.1bn in 2025 with an EBITDA of more than NOK 300m. ABG Sundal Collier acted as the financial
Transaction announcement
Opportunity originally surfaced by NKP | M&A Insights as:
November 3, 2025

Update: NBOs are due this week (w/c Nov 3) in the Guggenheim Securities-advised exit process for Hg Capital-backed Geomatikk, a provider of infrastructure management software and services, acc. to sources (NKP | M&A Insights Proprietary)

[log in to app.mainsights.io to read the full analysis as it was originally presented]
Source: NKP | M&A Insights Proprietary
Early coverage by NKP | M&A Insights (headline)
March 14, 2025

Company to watch: Geomatikk, a software and services company focused on infrastructure management and a portfolio firm of Hg since 2020, is tipped as a likely near-mid term exit candidate acc. to several sources (NKP | M&A Insights Proprietary)

[log in to app.mainsights.io to read the full analysis as it was originally presented]
Source: NKP | M&A Insights Proprietary
Early coverage by NKP | M&A Insights (headline)
What's next in this sector?
NKP | M&A Insights tracks 1,800+ M&A opportunities across Northern Europe — from emerging situations to live and paused processes — the majority of which are non-public and not covered by conventional M&A news channels.
Request Trial Access

FAQs

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, UK & Ireland, and Benelux, primarily covering companies in the upper small cap, mid cap, and large cap segments.

On average, we surface 5–7 new actionable opportunities per weekday across these markets, typically several months before they reach other channels and the broader market.

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.

How do I access the M&A Insights platform?

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.

If you already receive our daily emails, you can access the platform at app.mainsights.io. If needed, credentials can be recovered via the “Reset password” function on the login page.

If you are unsure whether your organisation has an active subscription, or require assistance with access, please contact support@mainsights.io

What does the pricing look like?

NKP | M&A Insights is offered on a subscription basis, with pricing determined by team size and footprint.

Subscriptions are tailored to professional users. Trial access may be offered in select cases upon request.

What if I want to share information with NKP about a company or transaction?

We welcome relevant information relating to private M&A activity.

You may contact us via the form on our Contact page or by emailing research@mainsights.io. We treat all communications confidentially and do not disclose sources without explicit permission.

How do advisors submit transactions for league tables?

Advisors may submit completed transactions for league table inclusion by emailing advisors@mainsights.io.

Submissions should include the advisor’s role (e.g. sell-side corporate finance), the target company name and country, and deal value where available. Supporting details can be provided in spreadsheet format.

We typically acknowledge submissions within 24–48 hours.

Explore a subscription

For private equity funds, M&A advisors and lenders seeking early, validated and signal-driven M&A intelligence across Northern Europe.
Explore a subscription