Advent International encourages initial bids for Aareon, Aareal Bank's software arm
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 6, 2023
Advent International is teaming up with advisors in preparation of a potential 2024 process for Aareon, a provider of SaaS solutions for the property industry in which the sponsor acquired a 30% stake in 2020, following successful add-ons and expected 2023 adj. EBITDA of EUR 90-100m - acc. to sources (NKP Proprietary)
Update: Rothschild is handling inbound investor dialogues for audience engagement platform Mentimeter in addition to, and possibly instead of, the previously contemplated IPO track advised by Carnegie acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 1, 2020
Boosted by the Pandemic, presentation SaaS firm Mentimeter is ahead of target w. +30m new users YTD, could be warming up to suitors with recent peer valuations (NKP Analysis)