Arctic Securities holds the mandate for Buypass, a digital ID and payment solutions provider jointly owned by Tietoevry and Norsk Tipping (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 3, 2023
Company to watch: Buypass, a Norwegian digital ID and payments solutions provider jointly owned by Tietoevry and Norsk Tipping, experiences steady growth to reach revenue of NOK 310m and EBITDA of NOK 40m in FY22 - ownership options are likely to be weighed acc. to sources (NKP Proprietary)
Doxa has retained ABG Sundal Collier to advise on its efforts to carve out and divest the contracting business of Serneke, a Sweden-based construction company, with the process now being "live" acc. to sources - Revenues of SEK 6.2bn in FY23 (NKP Proprietary)
ProMark, a Danish workforce management SaaS vendor, has mandated EY Corporate Finance to explore ownership options, with an expected kick-off in 2024, acc. to sources - Revenues of DKK 77m (+15%) and an EBITDA of DKK 10m in FY22 (NKP Proprietary)
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