Family-owned paper packaging company Schumacher Packaging is exploring ownership options, with 2023 EBITDA of EUR 93m, acc. to sources (NKP Proprietary)
Update: Jefferies has been appointed to guide the ownership explorations for Denmark-based CDMO MBL Group, minority-backed by Baltic PE firm INVL, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2023
Global medical mobility device manufacturer MBL Group, minority-backed by Baltic PE firm INVL since 2020, may weigh ownership options in the near mid-term, acc. to multiple sources - Revenues of EUR ~100m (+12% YoY) and EBITDA of EUR 16m in FY23E (NKP Proprietary)
Privately held digital signage firm Visual Art explores ownership options advised by Carnegie, with teasers currently being shared with prospective suitors - marketed off revenues of SEK 354m and an EBITDA margin of ~10% (NKP Proprietary)
The owners of Halon Security, a developer of email encryption software, explore ownership options advised by Bryan, Garnier & Co., according to sources - revenue of SEK 31m and EBITDA of SEK 4m in FY22 (NKP Proprietary)
Triton pulls planned listing of military vehicles gearbox-maker Renk following unfavorable market conditions, as the first day of trading was planned for tomorrow 05 October (Press release/NKP Proprietary/Bloomberg)
Company to watch: Finnish stock exchange-listed Admicom, a provider of ERP solutions to the construction sector, has been working with advisors on a general strategic review in addition/relation to the previously announced intention to divest its Industrial segment, acc. to sources (NKP Proprietary)
Owners of Cobuilder, a "Product Information Management" (PIM) SaaS platform for the construction industry, mandates investment bank (known to NKP) to explore a majority sale of the firm according to multiple sources, 2021 revenue of NOK 78m (+25% year-on-year) (NKP Proprietary)
Update: the Baird-guided auction process for Intact, a specialized ERP SaaS provider for the certification services sector owned by IMCap since 2018, has been preempted by a financial buyer (known to NKP), according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
PE firm IMCap Partners explores ownership options for Intact, a specialized SaaS ERP system provider focused on audit, certification, and standards management, with IM's having been distributed - revenue of EUR 16m in FY23, acc. to sources (NKP Proprietary)
Update: Nomura Greentech is advising on the planned sale of Ziton, a jack-up vessel operator focused on O&M Services to the European offshore wind market, with an expected kick-off before the summer (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 1, 2021
IPO process of BwB Partners-backed Ziton cancelled - Strong interest from sponsors may lead to clean exit already during 2H21 (NKP Proprietary)
CVC-backed on-roads payments provider DKV Mobility suspends IPO plans due to the uncertain market environment, previously tipped at around EUR 4 billion (Reuters/NKP Proprietary)
Novedo, an industrial group controlled by Esmaeilzadeh Holding with 2022 pro-forma EBITA of SEK 300m, is working on a sale advised by Clearwater International with IMs being out as an alternative to the previously communicated IPO plans - according to sources (NKP Proprietary)
Update: IMs have been distributed and NBOs are soon to be collected in the William Blair-guided sale process for Verdane- and Novax-backed Voyado, a Swedish customer experience SaaS platform (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 21, 2023
Update: William Blair has been engaged to advise on the potential sale of Verdane- and Novax-backed Voyado, a Swedish customer experience SaaS platform, acc. to multiple sources (NKP Proprietary)
EQT explores options to bring in a new minority shareholder for its 2019 portfolio company WS Audiology, a Danish designer and manufacturer of hearing aid solutions - revenues of EUR 2,465m (+5% YoY) and adj. EBITDA of EUR 514m in FY22/23 (NKP Proprietary)
Update: Drakestar-advised sale of founder-owned Austrian flight planning software firm Flightkeys is heading into phase II following IM distribution in June and NBOs having been collected, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 27, 2024
Update: teasers are out in the Drakestar advised process for the founder-owned Austrian-based flight planning software firm Flightkeys, expecting 2024E revenues of EUR 20m and EBITDA of EUR ~7m, acc. to multiple sources (NKP Proprietary)
Founder-owned, Partech-backed, high-growth medical knowledge platform Amboss is working with Goldman Sachs on a potential minority sale expected to kick off later this year, acc. to sources (NKP Proprietary)
Update: Nordic M&A has been appointed to advise on the ownership explorations in Traede, a Danish ERP SaaS provider for fashion and lifestyle brands (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 5, 2023
Traede, a Danish founder-owned and well-performing ERP SaaS provider for fashion and lifestyle brands, is circled by multiple private equity funds re. a potential investment with dialogues actively ongoing - according to sources (NKP Proprietary)
Company to watch: Oris Dental, a Norwegian dental care chain owned by Bridgepoint since 2019, continues strong development and could appear as an upcoming exit candidate - revenues of NOK 1,680m (+41% YoY) in FY22 (NKP Proprietary)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
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)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
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)
Vaaka Partners has engaged Alantra to guide its ownership explorations for Cloudpermit, a SaaS firm specializing in building process automation, with teasers expected in Q1-2024 - annual contract value of EUR 10.5m (+30% YoY) and EBITDA of EUR 2.1m in 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 5, 2022
Vaaka Partners is in the early stages of preparing for a sale of its 2018 investment in Cloudpermit, a SaaS firm specializing in building process automation acquired as a carve-out from Solita - 2021 revenue/ARR of around EUR 6m, according to sources (NKP Proprietary)
Lazard collects final bids for the sale of privately-owned pharmaceutical cold-chain logistics firm Frigo-Trans, marketed off 2023 adjusted EBITDAR of EUR ~30m, EQT/Mubadala backed Swedish Envirotainer a logical suitor (NKP Proprietary)
Novedo, an industrial group controlled by Esmaeilzadeh Holding with 2022 pro-forma EBITA of SEK 300m, is working on a sale advised by Clearwater International with IMs being out as an alternative to the previously communicated IPO plans - according to sources (NKP Proprietary)
The owners of Premas, a Norwegian software provider to the shipping and energy sectors, explore options advised by Saga Corporate Finance with teasers currently being distributed - Revenues of NOK 21.5m with an EBITDA of NOK 3.6m in FY23 (NKP Proprietary)