Update: NBOs are soon to be collected in the Evercore-advised process for Hg Capital-backed Trackunit, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 30, 2023
Company to watch: Hg Capital to explore “different options” for Trackunit - a provider of telematics and IoT solutions to the (off-highway) construction sector for which the PE firm paid around 27x EBITDA in 2021 - including a sale or IPO, as the Danish technology firm is out-performing previous expectations organically and through recent acquisitions (NKP Proprietary)
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