Extracts from our daily coverage

Not including our proprietary research on non-completed and upcoming deals and opportunities
August 6, 2025
Theon International acquires German defense technology firm Kappa optronics from Afinum for EUR 75m - EV/EBITDA (2024E) of 12.5x
Press Release
May 22, 2025

Update: teasers have been circulated last week (May 14th) in the Carlsquare-led sales process for Kappa Optronics, a manufacturer of rugged speciality cameras for use in complex defence and aviation applications, with 2024E revenues of EUR 33m and 2024E EBITDA of EUR 6m, acc. to sources (NKP | M&A Insights Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 22, 2023

Company to watch: Afinum expected to weigh a 2024 sale of Kappa Optronics - acquired in 2016 through its 2013 vintage Fund V - as the extreme environments camera maker eyes more than 60% growth in 2023 and EBITDA of more than EUR 5m amid increasing defense expenditure in core markets, according to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 6, 2025
APALT acquires aluminium components manufacturer Alunited from German PE firm Fidelium Partners
Press Release
December 4, 2024

The MP Corporate Finance-advised sale process of Fidelium Partners’ portfolio company ALUnited Denmark, a manufacturer of aluminum components for the automotive industry, is “live” acc. to several sources (NKP | M&A Insights Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
ADES annonuces cash offer to acquire Oslo-listed and Dubai-based Shelf Drilling (publ.) at an EV of USD 1,532m and EV/EBITDA of 4.6x
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
AIS acquires majority stake in Norwegian polymer solutions provider Ovun
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Aker BioMarine continues efforts to divest its protein business AKBM Understory
Finansavisen

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Alfa Media Group explores a potential share issue amidst financial restructuring
Kauppalehti

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Arri Group explores strategic options including potential sale amid industry challenges
Bloomberg Deals

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Candi Solar secures USD 24m in fresh funding to expand solar operations in India and South Africa
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
DWPB acquires 100% of Berlin-based fintech Lemon Markets
Manager Magazin

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Destinus to acquire Swiss AI aviation software provider Daedalean for CHF 180m
Punkt4

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Energy technology company SLB (publ.) acquires Norwegian energy software firm Stimline Digital
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
GN Group acquires City Alarmsysteme to expand regional security offering
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Hamburg-based fashion brand Closed seeks investors amid insolvency proceedings
Handelsblatt

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
KKR-backed Refresco acquires Norwegian contract packaging firm Telemark Kildevann
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Liberta Partners backs KOMI Group as Konica Minolta carves out Austrian IT Infrastructure Business
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Nordjysk Transportservice acquires majority stake in Contrans
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Norwegian software firm LCA.no secures NOK 45m to accelerate growth
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Peek & Cloppenburg-backed vehicle acquires Kaufhaus Tyrol for EUR 140m
Kleine Zeitung

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Storskogen (publ.) acquires Swiss digital healthcare documentation provider LEP
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
TCM Group acquires remaining 55% stake in online kitchen retailer Celebert at an EV of DKK ~132m and EV/EBITDA of 6.6x
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Telemond Holding acquires key assets of insolvent Urban Industries
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
UK-based green energy company GeoPura acquires key assets and personnel from Danish equipment manufacturer Green Hydrogen Systems
Press Release

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 6, 2025
Ultrasonic Tech acquires HASYTEC to enter antifouling market
MA Review DE

Headline from pre-deal coverage in M&A Insights

Headline from pre-deal coverage in M&A Insights
August 5, 2025
Carlyle acquires HR and workflow SaaS provider Ingentis Group from Maguar Capital
Press Release
March 26, 2025

Update: R.W. Baird is mandated for, and currently preparing, the planned sale of Maguar Capital-owned Ingentis, an HR and workflow mgmt. SaaS firm, acc. to sources (NKP | M&A Insights Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 30, 2025

Company to watch: Maguar Capital, the owner of HR tech and workflow management SaaS firm Ingentis since 2021, is reportedly mulling a sale of the company later this year, with 2024 ARR of EUR ~25m (estimate, not verified), acc. to sources (NKP | M&A Insights Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 5, 2025
Verso Capital and Armada Credit Partners acquire majority stake in Suomen Avustajapalvelut, a provider of personal assistance services for the disabled, from CapMan Growth
Press Release
March 2, 2025

Update: Teasers have recently been shared in the Carnegie-advised sale process for CapMan Growth-backed Suomen Avustajapalvelut (SAP), a Finnish provider of personal assistance services for the disabled, acc. to sources (NKP | M&A Insights Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 19, 2024

Company to watch: CapMan Growth-backed Suomen Avustajapalvelut (SAP) emerges as a likely 2025 exit candidate amid strong financial growth and significant M&A activity in Finland's care services sector, according to NKP’s sources - sales of EUR 18m and EBITDA of EUR 1m in 2023 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights

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