Update: The Deloitte-led sale process of BASE Life Science enters an advanced stage with signing expected before the summer acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 9, 2022
Partner-owned technology- and management consultancy focused on the life sciences sector, BASE life science, is preparing for a majority sale with several prospective buyers having been contacted in recent weeks according to multiple sources (NKP Proprietary)
Update (first covered by NKP on 02 Mar): Carnegie mandated in upcoming sale of privately-owned Lime Green Digital, the company behind online learning sources such as teoritentamen.no and aprento.no (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 2, 2022
Company to watch: privately-owned Lime Green Digital - the company behind online learning sources such as Teoritentamen.no and aprento.no and a developer of CMS-systems for course providers - is circled by multiple sponsors according to sources, 2020 revenue of NOK 90.1m with EBITDA of NOK 48.7m and continued momentum in 2021 (NKP Proprietary)
(Update) Harris Williams' led exit process of Serendipity-owned premium pet food group Voff progresses - IMs to be distributed in Mid-May (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 11, 2022
Two investment banks incl. one non-Nordic (known to NKP) mandated for dual track exit of Serendipity-owned premium pet food group Voff with 2020 EBITDA of SEK 96m (NKP Proprietary)
Update: Indicative bids for Habia Cable, a carve-out from Beijer Alma first and exclusively covered by NKP on 17 March, submitted around April 29 according to multiple sourced, advised by Access Partners (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 17, 2022
Publ. listed industrials group Beijer Alma is pushing forward with the planned carve-out of Habia Cable advised by Access Partners acc. to sources - revenue of SEK 809m with EBIT of SEK 63m in 2021 (NKP Proprietary)
Update: Indicative bids submitted before Easter in the sale of privately held IT services company NTI Group, Clearwater and Accura advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2022
Privately-owned NTI Group, an IT services firm and "Platinum" autodesk partner, is being prepared for a majority sale with IMs soon to be distributed and indicative bids due in late April according to multiple sources
Update: Sale of Solix-owned fiber-cement manufacturer Cembrit has dragged out but remains active with minimum one bidder actively pursuing it, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 23, 2021
Company to watch: Cembrit, a fibre-cement building products manufacturer owned by Solix Group since 2015, grows revenue to DKK 1,734m (+12% YoY) and EBITDA to DKK 282m (+70% YoY) in 2020 - several sources find an exit process in the next 6-9 months highly likely (NKP Proprietary)
Following a beauty parade during the fall, PwC Corporate Finance has been mandated for a sale of Credo Partners' portfolio firm Globus Wine acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 30, 2020
Globus Wine could be the next exit as Norwegian Credo Partners is tidying up its Danish portfolio with the ongoing sale of Geia Foods (NKP Analysis)
Update: Indicative bids submitted before Easter in the sale of privately held IT services company NTI Group, Clearwater and Accura advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2022
Privately-owned NTI Group, an IT services firm and "Platinum" autodesk partner, is being prepared for a majority sale with IMs soon to be distributed and indicative bids due in late April according to multiple sources
Update: The process of selling Danish eSourcing company Scanmarket is gaining speed with indicative bids submitted before Easter, PwC and Komann Reumert advising according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 23, 2022
Verdane-backed Scanmarket, an Aarhus-based SaaS company within eSourcing solutions, is pursuing a majority sale according to multiple sources - 2020 gross profit growth of 24% and EBIT of DKK 3.6m (NKP Proprietary)
Update: Polaris is closing in on a sale of damage control services provider SSG according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 12, 2021
As industry consolidation intensifies, Polaris Private Equity evaluates a potential early exit from its 2019 investment in SSG, a Scandinavian damage control service provider - LTM EBITDA of around DKK 80-85m acc. to sources (NKP Proprietary)
Company to watch: Axcel expected to (re)explore exit of Frontmatec, a leading meat processing equipment manufacturer, in H2-2021 following a successful integration of several add-on acquisitions with 2020 revenue of DKK 1.44bn (-16% YoY) and normalized EBITDA of DKK 214m - advised by Nordea and William Blair in the 2018/19 halted exit process (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 30, 2020
Axcel-backed Frontmatec to list senior secured floating rate bonds - Sale process could be resumed in 2021
Update (first covered by us on 18 March): Danske Bank mandated for upcoming sale of MB Funds' portfolio firm since 2018, Raksystems - a provider of property assessment services - process to kick-off closer to the Summer according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 18, 2022
Company to watch: Raksystems, an MB Funds portfolio firm since 2018 providing property condition evaluations to the Finnish property market, is being prepared for a Q2/Q3-2022 exit according to multiple sources with inv. bank mandated (NKP Proprietary)
Update: The Goldman Sachs-led sale process of Pai Partners-backed chemicals group Perstorp has entered the due diligence phase acc. to sources, process first covered by NKP on 18 January (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 18, 2022
Advised by Goldman Sachs, Pai Partners explores dual-track options for Swedish specialty chemicals group Perstorp - LTM EBITDA of SEK 2,052m (NKP Proprietary)
Update: As first and exclusively flagged by NKP in Sep 2021, the sale of founder-owned knitting yarn firm Hobbii gains speed and moves to second round following indicative bids from multiple suitors according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 3, 2021
Owners of privately-held direct-to-consumer and omnichannel knitting yarn company Hobbii mandates Raymond James for an exit according to sources, 2020 EBITDA of DKK 23m and 125% growth in gross profit - buyers need to weigh the stability of the boost in demand during lockdown (NKP Proprietary)
Sale of Inchcape Shipping Services moves into second round with multiple bidders pursuing due diligence (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 14, 2021
Sale of Inchcape Shipping Services (ISS) in advanced stage with multiple indicative bids submitted in competitive process led by investment bank Rothschild, signing expected before the end of June/early July and interest from Nordic bidders - ISS is a UK-headquartered firm with Nordic management team (NKP Proprietary)
(Update) EY Corporate Finance mandated in ongoing sales process of SaaS CMS solutions provider Sitevision - 20/21 revenue of SEK 77.3 and EBITDA of SEK 28m
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 17, 2022
Owners of privately-held Sitevision, a SaaS CMS solutions provider, pursues majority sale with interest from multiple sponsors according to several sources, 2020/21 revenue of SEK 77.3m (+10.3% year-on-year) and EBITDA of SEK 28m, with 90% of sales driven by recurring revenue streams (NKP Proprietary)
Sale of Marlin Equity Partners' portfolio firm Medius gains speed in competitive process following pre-view from selected investors that did not choose to preempt - Arma Partners reportedly has a role (NKP Proprietary)