News media confirms NKP's coverage of the potential IPO for Nordic Capital's NOBA Bank Group (Bloomberg/NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 16, 2024
Nordic Capital has recently appointed Goldman Sachs, JP Morgan, and Carnegie to prepare an IPO of digital consumer bank NOBA Bank Group acc. to sources - LTM operating profit of SEK 1,611m as of March 2024 (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: Nordea mandated for IPO of KKR-backed Nordic Bioscience, a developer of non-invasive biomarkers - situation first and exclusively covered by NKP M&A Insights on 11 April, process to kick off in the fall of 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 11, 2022
The owners of KKR-backed Nordic Bioscience, a Danish developer of non-invasive biomarkers, is preparing for a listing after the Summer according to multiple sources - still early days with advisors currently being evaluated
The private owners of LM Gruppen, a Danish provider of contracting services for utility infrastructure, have engaged Oaklins Beierholm to guide their ownership exploration efforts on the back of strong recent financial performance - EBITDA of DKK 34m in FY22/23 (NKP Proprietary)
Update: Bank of America appointed in potential sale of Tieto Tech Services, formerly TietoEvry Connect and Transform, respectively, once strategic review is wrapped up - according to multiple sources (NKP Proprietary)
The sale process for Bocap-backed 9Solutions, a Finnish provider of RTLS and smart care solutions, is at an advanced stage with Bryan, Garnier & Co. advising, acc. to sources (NKP Proprietary)
Update: Belgian DPG Media's contemplated sale of Danish media company Berlingske Media is handled in-house without an investment bank, according to sources (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: Sprints Capital is preparing to relaunch the exit process for online local directory platform Hitta.se in H2-2024, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 31, 2022
Company to watch: Hitta.se, a portfolio firm of Sprints since 2017, projects revenues of approx. SEK 250m with EBITDA of SEK 55m in 2022E - ownership options are likely to be explored in the near-medium term acc. to sources (NKP Proprietary)
Update: TDR-backed cruise- and adventure operator Hurtigruten is working on restructuring its debt advised by investment bank PJT Patners ahead of large maturity coming up (NKP Proprietary)
Update: Belgian DPG Media's contemplated sale of Danish media company Berlingske Media is handled in-house without an investment bank, according to sources (NKP Proprietary)
Norwegian software company Carasent (publ.) receives takeover offer from EG Norge; board recommends against it - Enterprise Value of NOK ~1,120m and EV/Sales (2024) of 4.2x (Press Release/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)
B+T Group, a family-owned Pan-European waste disposal and energy provider based in central Germany, is exploring a potential sale with Deutsche Bank advising and teasers recently distributed, acc. to sources (NKP Proprietary)
Collectia, a Danish debt collection and debt purchase business owned by Silverfleet Capital since 2020, grows revenue to DKK 343m (+27% YoY) and EBITDA to DKK 106.4m in FY22 - ownership options are likely to be weighed during this Autumn acc. to multiple 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)
Following a successful turnaround, Jotunfjell Partners has reportedly mandated SEB Corporate Finance to advise on a potential exit of the Norwegian beauty and wellness chain VITA acc. to sources - EBITDA of NOK 98m in 2024E (NKP Proprietary)
Company to watch: Salfarm, a portfolio firm of Dansk Ejerkapital specializing in production and distribution of veterinary vaccines, medicine, and other equipment, expects steady growth to reach EBITDA of DKK +40m in FY24E (NKP Proprietary)
As part of TDC's larger strategic review, SEB and Fenchurch are advising on a possible sale of TDC Pension (TDP) with IMs having been shared with a field of prospective suitors, according to multiple sources (NKP Proprietary)
Municipality-owned Aarhus Airport is seeking new financial and strategic partner(s) for funding of DKK 100m investment need (Press Release / NKP Proprietary)
Advised by Nordhaven Corporate Finance, the owners of Fire Fighting Systems explore ownership options with IMs having been distributed and NBOs soon to be collected, acc. to sources - Expected revenues of EUR 42m and an EBITDA of EUR 9m in FY24E (NKP Proprietary)
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