CVC Capital acquires a significant minority stake in Fidelio-backed Odevo, a Swedish tech-enabled property manager
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 7, 2023
Company to watch: Fidelio-backed since 2018 and rebranded as Odevo last year - a Swedish technology-enabled service group in the residential property management sector - appears as a potential exit candidate acc. to multiple sources with 2022 revenue of SEK ~3,800m (NKP Proprietary)
Update: The Bryan, Garnier & Co.-advised process for Sobro-backed Dafo Vehicle Fire Protection has progressed to the second round, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 2, 2024
The owners of Sobro-backed fire detection and suppression systems supplier Dafo Vehicle Fire Protection have recently appointed investment bank Bryan, Garnier & Co. for a potential sale of the company in 2024 - expected to be marketed off EBITDA of around SEK 100m (NKP Proprietary)
Update: R.W. Baird mandated for the sale of Verdane-backed Momox, a second-hand online platform for Books, Media, and Fashion, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 24, 2024
Verdane is in the market with its re-commerce portfolio firm, Momox, a second-hand online platform for Books, Media, and Fashion, delivering 2023 revenues of EUR 347m, acc. to sources (NKP Proprietary)
Update: Nalka-backed Asker Healthcare Group sets sights on H1-2025 IPO after last year's sale explorations, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 12, 2022
Company to watch: Asker Healthcare Group, the Nalka-backed group of Northern European medical supplies and healthcare services firms including Swedish OneMed, is expected to "open up for new external capital" after the Summer following the integration of multiple bolt-ons and a continued aggressive roll-up strategy, according to sources (NKP Proprietary)
Company to watch: Amid improved financial market conditions and robust continued topline growth, NKP's sources expect a relaunch of EQT's ownership considerations in Banking Circle, a provider of global payments and banking services, by 2025 - ARR of EUR ~300m by end-2023 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 6, 2021
EQT mandates Citi and Morgan Stanley to explore a sale of its Danish fintech company Banking Circle (NKP Proprietary)
Update: NBOs are due 16 October 2024 in connection with Nordic Capital's exit process for Max Matthiessen, a Sweden-based pensions and insurance firm, acc. to several sources - Houlihan Lokey advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 1, 2024
Company to watch: As Max Matthiessen continues its buy-and-build strategy and gears up for further geographic expansion, Nordic Capital may be tempted to weigh ownership options in H2-2024 or H1-2025 (NKP Proprietary)
Final bids are collected for the privately-owned printing ink specialists Hubergroup is exploring ownership options with PwC Corporate Finance, marketed off 2024 adjusted EBITDA of EUR ~60m
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 28, 2024
Privately-owned printing ink specialists Hubergroup is exploring ownership options with PwC Corporate Finance, to be marketed off 2024 adjusted EBITDA of EUR ~60m, acc. to sources (NKP Proprietary)
Update: Final bids are due on 12 June in Houlihan Lokey-guided sale of Axel Springer's Finanzen.net business - an online financial news site and retail stock trading platform - according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 16, 2024
Update: sell-side materials are out in the Houlihan Lokey guided sale of KKR-backed Axel Springer's Finanzen.net - a financial news site and retail stock trading platform (NKP Proprietary)
Litorina prepares for dual-track exit process for its portfolio firm since 2007, flower retailer Euroflorist following 59% year-on-year organic growth in 2020, and has mandated Carnegie for the efforts (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 19, 2021
With a pandemic-driven boom in online flower sales and a recent early redemption of bonds, Litorina is expected to push ahead with an exit of Euroflorist acc. to sources - LTM EBITDA of SEK 192m (NKP Proprietary)
Update: Due diligence efforts are ongoing in the SEB-advised sale process for Fredrikstad Energi, a Norwegian energy company, acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 11, 2024
The Municipality of Fredrikstad has mandated SEB to explore ownership options of its 51% stake in Norwegian energy company Fredrikstad Energi with teasers being out, according to sources - Revenues of NOK 797m with an adj. EBITDA of NOK 238m in FY23 (NKP Proprietary)
Update: Information memorandums have been distributed in EY-led sales efforts for Robotize, a Danish AMR firm - first reported by NKP on 07 September (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 7, 2022
Founder-owned Robotize, the company behind the GoPal autonomous robot, is exploring a sale advised by EY Corporate Finance according to multiple sources (NKP Proprietary)
Update: Ownership explorations for accounting automation SaaS provider Wint are reportedly "live" with ABG Sundal Collier advising on the efforts (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 10, 2024
Company to watch: Wint, a fast-growing SaaS-based accounting automation solution provider, is considering ownership options as the company enters a new growth phase - ARR of SEK ~130m as of end Q1-2024 (NKP Proprietary)
Update: The Rothchild-advised sales process for Perbility, a cloud-based HR software solutions provider and a Main Capital portfolio firm, is now live, acc. to sources - marketed off 2023 adjusted EBITDA of EUR 10m (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 20, 2024
Main Capital Partners is reportedly mulling a sale of its cloud-based HR software provider Perbility following two bolt-ons, advised by Rothschild and to be marketed off 2023 adj. EBITDA of around EUR 10m - acc. to sources (NKP Proprietary)
Update: the Baird-guided auction process for Intact, a specialized ERP SaaS provider for the certification services sector owned by IMCap since 2018, has been preempted by a financial buyer (known to NKP), according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
PE firm IMCap Partners explores ownership options for Intact, a specialized SaaS ERP system provider focused on audit, certification, and standards management, with IM's having been distributed - revenue of EUR 16m in FY23, acc. to sources (NKP Proprietary)
Founder-owned, Partech-backed, high-growth medical knowledge platform Amboss is working with Goldman Sachs on a potential minority sale expected to kick off later this year, acc. to sources (NKP Proprietary)
Update: Nordic M&A has been appointed to advise on the ownership explorations in Traede, a Danish ERP SaaS provider for fashion and lifestyle brands (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 5, 2023
Traede, a Danish founder-owned and well-performing ERP SaaS provider for fashion and lifestyle brands, is circled by multiple private equity funds re. a potential investment with dialogues actively ongoing - according to sources (NKP Proprietary)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
Update: DB Schenker to be sold as one unit and not split up it has been decided by Deutsche Bahn's supervisory board amid the ongoing strategy review and planned high-profile sale advised by Goldman Sachs, Morgan Stanley, and Deutsche Bank (Press release/NKP Proprietary)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
Update: DB Schenker to be sold as one unit and not split up it has been decided by Deutsche Bahn's supervisory board amid the ongoing strategy review and planned high-profile sale advised by Goldman Sachs, Morgan Stanley, and Deutsche Bank (Press release/NKP Proprietary)
Vaaka Partners has engaged Alantra to guide its ownership explorations for Cloudpermit, a SaaS firm specializing in building process automation, with teasers expected in Q1-2024 - annual contract value of EUR 10.5m (+30% YoY) and EBITDA of EUR 2.1m in 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 5, 2022
Vaaka Partners is in the early stages of preparing for a sale of its 2018 investment in Cloudpermit, a SaaS firm specializing in building process automation acquired as a carve-out from Solita - 2021 revenue/ARR of around EUR 6m, according to sources (NKP Proprietary)
Update: Due diligence efforts are ongoing in the Houlihan Lokey- and Goldman Sachs-advised sale process for Oakley Capital-owned Ocean Technologies Group, a global maritime e-learning group, acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 24, 2022
Investment Bank (known to NKP) mandated to explore a majority sale of Oakley Capital-backed Ocean Technologies Group, a Norway/UK-headquartered global maritime e-learning business - EBITDA of NOK 220m in 2020 (NKP Proprietary)
Update: International investment bank Kroll Securities is advising family-owned packaging firm Fischbach on its potential sale, which has reached an advanced stage according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 24, 2024
Family-owned Fischbach, a packaging technology provider and the inventor of the plastic caulking tube used for latex and silicone applications, is weighing various ownership options including a majority sale, one bidder could be advanced - according to multiple sources (NKP Proprietary)
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