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)
Anta Sports-led investor consortium is preparing a relisting of Finnish Amer Sports advised by Goldman Sachs acc. to multiple sources - sales of EUR 1,312m with EBITDA of EUR 96.9m in H1-2022 (6 months) (NKP Proprietary)
Update: Indicative bids were submitted last week in the Deloitte-advised sale of Maj Invest-owned Sticks'n'Sushi, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 12, 2023
Following continuous inbound interest and sustained profitable international growth, Maj Invest is soon to launch a sale process for multi-channel restaurant group Sticks'n'Sushi advised by Deloitte Corporate Finance, according to sources (NKP Proprietary)
Update: strategics, and possibly one sponsor, are still pursuing in the drawn-out Commerzbank-guided sale of Wiesbaden-based Vitronic, an industrial machinery firm, following NBO deadline in September - according to sources (NKP Proprietary)
HDR Partners has been mandated for the potential sale of Plockmatic, a Swedish privately held supplier of finishing solutions to the printing and mailing industry, acc. to sources - sales of SEK 571m (+34% YoY) and EBITDA of SEK 44m in 2022 (NKP Proprietary)
Danish EV software provider Monta, backed by Energize Ventures, is preparing for a DKK 500m capital raise with the ambition to conclude the process by end-2023, acc. to sources - ARR of EUR 10m in FY22 and expected 3x increase in FY23E (NKP Proprietary)
Update: NBOs are soon to be submitted in the EY-advised sale of Airmaster, a provider of decentralised ventilation systems, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 14, 2023
Airmaster, a well-performing Danish provider of decentralized ventilation systems, explores ownership options advised by EY Corporate Finance with IMs on the doorstep, acc. to sources - revenue of DKK 550-600m and EBITDA of approx. DKK 140-150m in 2023E (NKP Proprietary)
Process that went quiet: William Blair led sale of Keensight Capital-owned CDMO firm Biovian went quiet after NBOs were collected in December, unclear if process is still going (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 4, 2022
Update: William Blair-led process for Keensight Capital-backed CDMO company Biovian to launch in the coming weeks acc. to sources - revenue of EUR 18.7m with EBITDA of EUR 5.3m in 2021 (NKP Proprietary)
Update: The minority stake sale of Danish European Energy Group moves into the second round with multiple bidders acc. to sources, FIH Partners advising as first uncovered by NKP on 08.04.2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2022
European Energy Group, a privately owned developer and asset manager within renewable energy, is preparing for a minority stake sale advised by FIH Partners, 2021 EBITDA of EUR 81.2m based on revenues of EUR 328.7m (+59% year-on-year) according to sources (NKP Proprietary)
Anta Sports-led investor consortium is preparing a relisting of Finnish Amer Sports advised by Goldman Sachs acc. to multiple sources - sales of EUR 1,312m with EBITDA of EUR 96.9m in H1-2022 (6 months) (NKP Proprietary)
Update: Advised by Rothschild, Altor is now (again) pushing forward with the sale explorations for Transcom following an abandoned dual-track process last year according to multiple sources - FY22 revenue of EUR 717m (+15% YoY) with adj. EBITDA of EUR 93.3m (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 4, 2021
Altor-backed BPO firm Transcom may return to the stock exchange in 2021 according to rumors, strong current trading with +7.6% organic growth in Q3-2020, could be valued at EUR 1 billion (NKP Proprietary)
Update: The minority stake sale of Danish European Energy Group moves into the second round with multiple bidders acc. to sources, FIH Partners advising as first uncovered by NKP on 08.04.2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2022
European Energy Group, a privately owned developer and asset manager within renewable energy, is preparing for a minority stake sale advised by FIH Partners, 2021 EBITDA of EUR 81.2m based on revenues of EUR 328.7m (+59% year-on-year) according to sources (NKP Proprietary)
Aquila Capital is mulling a sale of its Aquila Clean Energy arm - a developer and operator of renewable energy assets across Europe and APAC - with advice from Citigroup since the early autumn, according to multiple sources (ESG friendly)(NKP Proprietary)
Privately held STIM, a leading fish health products and services company, explores ownership options advised by ABG Sundal Collier with IMs out according to sources - Sales of NOK 1,206m in FY22 with expected topline growth in FY23E (NKP Proprietary)
Update: with management presentations completed in October, IMs being out, and an NBO deadline of second half of December, metering firm Techem's dual-track process mainly draws interest from infrastructure and pension funds, according to sources (NKP Proprietary)
Finn, a VC-backed fast-growing provider of all-inclusive car subscriptions, is looking for investors for a capital raise or potentially minority stake sale in a process run without a formal corporate finance advisor, 2024E ARR of EUR 163m, acc. to sources *ESG FRIENDLY* (NKP | M&A Insights Proprietary)