Extracts from our daily coverage

Log in to app.mainsights.io to access our proprietary coverage of live and future deals (subscription required)

May 8, 2024

Finnish financial services provider Mandatum (publ.) signs a loan of EUR 200m

Press Release

Headline from pre-deal coverage in M&A Insights

December 15, 2022

Update: following Sampo's announcement last week regarding a strategic review of Mandatum, its life insurance and asset management arm, we understand that Goldman Sachs is actively engaged in preparing for a possible sale or separate listing (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 3, 2024

Summa Equity acquires a majority stake in German data storage provider FAST LTA

Press Release

Headline from pre-deal coverage in M&A Insights

February 9, 2024

Managed data storage SaaS and hardware provider Fast LTA, a portfolio company of Afinum since 2019, is being prepped for a H1-2024 sale with advisors appointed on the back of 2023 adjusted EBITDA of approx. EUR 13m, acc. to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 2, 2024

Italian Food producer Newlat acquires 11% stake in Swiss Hochdorf after long investor search

Fuw

Headline from pre-deal coverage in M&A Insights

April 8, 2024

Update: Swiss-based Hochdorf, a baby food and milk powder producer is working with Alvarez & Marsal on its bond refinancing and delisting process, with NBOs submitted at the end of March - market off 2023 adjusted EBITDA of CHF 70m (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 2, 2024

Thyssenkrupp likely to sell Marine Systems unit to Carlyle Group

Welt

Headline from pre-deal coverage in M&A Insights

November 23, 2023

Thyssenkrupp considers carve-out of Marine business unit Thyssenkrupp Marine Systems

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 2, 2024

DKV Mobility's IPO plans set aside as CVC Capital seeks exit options

Reuters

Headline from pre-deal coverage in M&A Insights

October 10, 2023

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)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 1, 2024

First day of trading: Danish tugboat company Svitzer debuts on Nasdaq Copenhagen

Press Release

Headline from pre-deal coverage in M&A Insights

June 28, 2023

Company to watch: As a result of the strategic review announced in March, A.P. Moller Maersk is preparing for a possible sale of Svitzer, a leading global towage operator - revenue of USD 774m and EBITDA of USD 229m in FY22 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 1, 2024

IK Partners divests Swedish POS provider OPEN

Press Release

Headline from pre-deal coverage in M&A Insights

December 23, 2022

IK Partners is preparing for an H1-2023 exit process for OPEN, a Nordic POS and payment solution provider, advised by Lincoln International acc. to sources - revenue of above SEK 200m and EBITDA of SEK ~20m in 2022E with significant growth and margin improvements expected for 2023 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 30, 2024

Growth equity investor EMERAM Capital Partners acquires coconet Group, the provider of the multi:versa corporate banking platform - first covered by NKP in January 2024

Press Release

Headline from pre-deal coverage in M&A Insights

January 22, 2024

Privately owned coconet Group, which provides the multi:versa white label corporate banking platform, appoints ARTHOS Corporate Finance to explore a sale of the company during the first part of 2024 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 29, 2024

An investor consortium consisting of Apollo Global Management and Rettig announces a public takeover offer for heating and cooling solutions provider Purmo Group (publ.)

Press Release

May 3, 2021

The sale process of Rettig-owned Purmo is restarted - first bids due next month

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

July 10, 2020

Brand transformation and management changes indicates that family office Rettig may, again, try to exit Purmo Group - UBS and SEB has been mandated

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 26, 2024

Update: Børsen confirms NKP's coverage of marine tech company MacArtney's ownership considerations

Børsen

Headline from pre-deal coverage in M&A Insights

February 19, 2024

MacArtney Group experiences strong growth to reach revenues of DKK 919m (+16.5% YoY) and EBITDA of DKK 84.5m in FY22/23 - Deloitte Corporate Finance recently appointed to explore a possible majority sale (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 25, 2024

Danish PE firm Erhvervsinvest sells Design Eyewear Group to a consortium of minority investors

Press Release

Headline from pre-deal coverage in M&A Insights

September 6, 2021

Erhvervsinvest preparing for a sale of its portfolio firm since 2012, Design Eyewear Group, with Danske Bank Corporate Finance collecting indicative bids towards the end of September acc. to sources. The asset is market off an EBITDA of around DKK 45m for 2021 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 25, 2024

Swedish industrial conglomerate Lifco (publ.) announces acquisition agenda

Press Release

Headline from pre-deal coverage in M&A Insights

June 2, 2021

OpenGate Capital seeks bolt-on acquisitions for the Norwegian portfolio companies Jotul and Fiven (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 24, 2024

KKR acquires a ~50% stake in Immedica Pharma, while Impilo reinvests to become an equal owner alongside KKR, at an EV of over SEK 10bn (EV/EBITDA of +25x) acc. to news outlet

Press Release

March 13, 2024

Update: Bloomberg confirms NKP's coverage of the Morgan Stanley-led sale process for Immedica Pharma

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

December 22, 2023

Impilo has mandated Morgan Stanley to explore ownership options for its specialty pharmaceutical commercialization and distribution platform Immedica Pharma according to multiple sources - Revenues of SEK ~1,000m and EBITDA of SEK ~300m in FY23E (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 24, 2024

Swedish Trill Impact invests in Austrian-based medtech company TT Medic

Press Release

January 15, 2024

Update: NBOs were submitted before Christmas in the William Blair-guided sale of privately owned, Austrian-headquartered TT medic, a specialised plastic components manufacturer (CDMO) for the life science industry - opportunity first and exclusively covered by NKP on 12 Dec 2023 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

December 12, 2023

Privately owned TT medic, a specialised plastic components manufacturer (CDMO) for the life science industry, is circled by sponsors and may launch William Blair guided sale early next year off EBITDA of close to EUR 10m - according to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 24, 2024

Swedish IT firm Prevas (publ.) acquires a 92% stake in Finnish engineering consulting firm Enmac from Korona Invest at an EV of EUR 21m and EV/EBITDA of 6.41x

Press Release

Headline from pre-deal coverage in M&A Insights

December 1, 2023

Korona Invest has engaged Translink Corporate Finance to advise on the planned sale of Enmac, a Finnish specialised engineering consulting firm held since 2020, with NBOs due mid-January 2024, acc. to sources - marketed off FY23E sales of EUR ~23m and EBITDA of EUR ~3.6m (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 24, 2024

Update: Orifarm publishes strong 2023 annual report, plans for future growth, amidst ongoing ownership explorations advised by Rothschild

Press Release

Headline from pre-deal coverage in M&A Insights

October 31, 2023

Orifarm, a leading European supplier of parallel-imported and generic pharmaceuticals, is in the early stages of preparing a possible minority stake sale advised by Rothschild, acc. to multiple sources – Revenues of EUR 1,514m (+7% YoY) and EBITDA of EUR 104m in FY22 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 22, 2024

WS Audiology, the Danish hearing aid company, garners owner backing for possible IPO

Børsen

Headline from pre-deal coverage in M&A Insights

January 10, 2024

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)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 22, 2024

German operator of fiber networks Tele Columbus completes a EUR 1.4bn comprehensive refinancing

Press Release

Headline from pre-deal coverage in M&A Insights

November 13, 2023

German cable operator Tele Columbus receives new equity from owners to continue rollout

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 22, 2024

Update: Danish biogas plant manufacturer Green2x, previously Vordingborg Biofuel, receives environmental approval for its future facility amidst ongoing investor dialogues

Press Release

Headline from pre-deal coverage in M&A Insights

September 26, 2023

Update: Green2X, formerly Vordingborg Biofuel, continues its capital raise efforts advised by FIH Partners, acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 19, 2024

Henrik Bruun, majority owner of sports apparel chain Sport 24, acquires a minority stake in Danish sports apparel company Sports Group Denmark

KapWatch

June 20, 2023

Update: Dansk Ejerkapital-backed Sports Group Denmark grows revenue to DKK 1,107m (+40% YoY) with EBITDA of DKK 147.2m in FY22 - Ownership options are being explored advised by Carnegie acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

May 4, 2021

High-growth sports apparel company Sports Group Denmark backed by Industri Udvikling (since 2016) reaches revenue of DKK 600m (+20% YoY) w. EBITDA of DKK 49m in 2020, expects +35-40% growth in 2021 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 19, 2024

Arbonia sells Climate Division to Midea Electrics Netherlands for EUR 760m

Press Release

Headline from pre-deal coverage in M&A Insights

April 9, 2024

Update: UBS and Jefferies overseeing the ongoing sale of Arbonia's Climate division, marketed off 2024E adjusted EBITDA of CHF 70m - according to several sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 19, 2024

Company to Watch: Offshore engineering services firm Semco Maritime, owned by Det Obelske Familiefond, reports record-breaking 2023 annual report - Revenues of DKK 5,000 (+47% YoY)

Press Release

Headline from pre-deal coverage in M&A Insights

February 10, 2023

Semco Maritime, an offshore engineering services firm, is being prepared for a sale with FIH Partners mandated and expected process kick off during H1-2023 (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 19, 2024

CapMan-backed Yrkesakademin is sold to German PE firm Robus Capital Management and an undisclosed Danish PE firm following a reconstruction process

Headline from pre-deal coverage in M&A Insights

December 14, 2022

Capman-owned since 2014 and lying in the private equity firm's 2013 vintage Fund X, job training provider YrkesAkademin is struggling financially and recently had to defer bond interest payments - may come into play as a distressed asset (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 18, 2024

Deutsche Beteiligungs AG partly divest its shares in Solvares, provider of Field Service Management, to Five Arrows

Press Release

Headline from pre-deal coverage in M&A Insights

February 6, 2024

Solvares, a logistics and field service management SaaS company held by DBAG since 2018, kicks off its minority stake sale process with Houlihan Lokey after pre-marketing in January 2024 - marketed off adj. 2023 EBITDA of EUR 10m (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

April 18, 2024

Company to Watch: Fastspeed, a Danish privately held consumer broadband company, publishes a strong 2023 earnings report - gross profit of DKK 64m (+68% YoY) with an EBITDA of DKK 39m

Press Release

Headline from pre-deal coverage in M&A Insights

February 27, 2023

Teasers were out earlier this month in EY-advised sale of privately held consumer broadband provider Fastspeed, marketed off 2022 EBITDA of DKK 28m and 2023 budget EBITDA growth of +60% (DKK 45m in 2023B), according to sources (NKP Proprietary)

NKP | M&A Insights Proprietary

Headline from pre-deal coverage in M&A Insights

Extracts from our daily coverage

Update: following Sampo's announcement last week regarding a strategic review of Mandatum, its life insurance and asset management arm, we understand that Goldman Sachs is actively engaged in preparing for a possible sale or separate listing (NKP Proprietary)

Managed data storage SaaS and hardware provider Fast LTA, a portfolio company of Afinum since 2019, is being prepped for a H1-2024 sale with advisors appointed on the back of 2023 adjusted EBITDA of approx. EUR 13m, acc. to multiple sources (NKP Proprietary)

Update: Swiss-based Hochdorf, a baby food and milk powder producer is working with Alvarez & Marsal on its bond refinancing and delisting process, with NBOs submitted at the end of March - market off 2023 adjusted EBITDA of CHF 70m (NKP Proprietary)

Thyssenkrupp considers carve-out of Marine business unit Thyssenkrupp Marine Systems

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)

Company to watch: As a result of the strategic review announced in March, A.P. Moller Maersk is preparing for a possible sale of Svitzer, a leading global towage operator - revenue of USD 774m and EBITDA of USD 229m in FY22 (NKP Proprietary)

IK Partners is preparing for an H1-2023 exit process for OPEN, a Nordic POS and payment solution provider, advised by Lincoln International acc. to sources - revenue of above SEK 200m and EBITDA of SEK ~20m in 2022E with significant growth and margin improvements expected for 2023 (NKP Proprietary)

Privately owned coconet Group, which provides the multi:versa white label corporate banking platform, appoints ARTHOS Corporate Finance to explore a sale of the company during the first part of 2024 (NKP Proprietary)

The sale process of Rettig-owned Purmo is restarted - first bids due next month

Brand transformation and management changes indicates that family office Rettig may, again, try to exit Purmo Group - UBS and SEB has been mandated

MacArtney Group experiences strong growth to reach revenues of DKK 919m (+16.5% YoY) and EBITDA of DKK 84.5m in FY22/23 - Deloitte Corporate Finance recently appointed to explore a possible majority sale (NKP Proprietary)

Erhvervsinvest preparing for a sale of its portfolio firm since 2012, Design Eyewear Group, with Danske Bank Corporate Finance collecting indicative bids towards the end of September acc. to sources. The asset is market off an EBITDA of around DKK 45m for 2021 (NKP Proprietary)

OpenGate Capital seeks bolt-on acquisitions for the Norwegian portfolio companies Jotul and Fiven (NKP Proprietary)

Update: Bloomberg confirms NKP's coverage of the Morgan Stanley-led sale process for Immedica Pharma

Impilo has mandated Morgan Stanley to explore ownership options for its specialty pharmaceutical commercialization and distribution platform Immedica Pharma according to multiple sources - Revenues of SEK ~1,000m and EBITDA of SEK ~300m in FY23E (NKP Proprietary)

Update: NBOs were submitted before Christmas in the William Blair-guided sale of privately owned, Austrian-headquartered TT medic, a specialised plastic components manufacturer (CDMO) for the life science industry - opportunity first and exclusively covered by NKP on 12 Dec 2023 (NKP Proprietary)

Privately owned TT medic, a specialised plastic components manufacturer (CDMO) for the life science industry, is circled by sponsors and may launch William Blair guided sale early next year off EBITDA of close to EUR 10m - according to multiple sources (NKP Proprietary)

Korona Invest has engaged Translink Corporate Finance to advise on the planned sale of Enmac, a Finnish specialised engineering consulting firm held since 2020, with NBOs due mid-January 2024, acc. to sources - marketed off FY23E sales of EUR ~23m and EBITDA of EUR ~3.6m (NKP Proprietary)

Orifarm, a leading European supplier of parallel-imported and generic pharmaceuticals, is in the early stages of preparing a possible minority stake sale advised by Rothschild, acc. to multiple sources – Revenues of EUR 1,514m (+7% YoY) and EBITDA of EUR 104m in FY22 (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)

German cable operator Tele Columbus receives new equity from owners to continue rollout

Update: Green2X, formerly Vordingborg Biofuel, continues its capital raise efforts advised by FIH Partners, acc. to sources (NKP Proprietary)

Update: Dansk Ejerkapital-backed Sports Group Denmark grows revenue to DKK 1,107m (+40% YoY) with EBITDA of DKK 147.2m in FY22 - Ownership options are being explored advised by Carnegie acc. to sources (NKP Proprietary)

High-growth sports apparel company Sports Group Denmark backed by Industri Udvikling (since 2016) reaches revenue of DKK 600m (+20% YoY) w. EBITDA of DKK 49m in 2020, expects +35-40% growth in 2021 (NKP Proprietary)

Update: UBS and Jefferies overseeing the ongoing sale of Arbonia's Climate division, marketed off 2024E adjusted EBITDA of CHF 70m - according to several sources (NKP Proprietary)

Semco Maritime, an offshore engineering services firm, is being prepared for a sale with FIH Partners mandated and expected process kick off during H1-2023 (NKP Proprietary)

Capman-owned since 2014 and lying in the private equity firm's 2013 vintage Fund X, job training provider YrkesAkademin is struggling financially and recently had to defer bond interest payments - may come into play as a distressed asset (NKP Proprietary)

Solvares, a logistics and field service management SaaS company held by DBAG since 2018, kicks off its minority stake sale process with Houlihan Lokey after pre-marketing in January 2024 - marketed off adj. 2023 EBITDA of EUR 10m (NKP Proprietary)

Teasers were out earlier this month in EY-advised sale of privately held consumer broadband provider Fastspeed, marketed off 2022 EBITDA of DKK 28m and 2023 budget EBITDA growth of +60% (DKK 45m in 2023B), according to sources (NKP Proprietary)

Ready to get started?