Carnegie mandated for a sale of privately owned professional networking services firm EGN Group - marketed off 2022E EBITDA of DKK 45m (NKP Proprietary)
Company to watch: Konstel, a portfolio firm of Credo Partners since 2019, grows revenue to NOK 1,300m with pro-forma EBITDA of NOK 126m - following a successful buy-and-build strategy, sources mull that Credo Partners may be tempted to realize its investment in the near/medium term (NKP Proprietary)
Nordea-led sale of Indoor Group on hold with continued uncertainty regarding timing (NKP Proprietrary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 8, 2021
Sievi Capital appoints investment bank for the upcoming sale of its portfolio firm since 2017, omnichannel furniture and interior decor retailer Indoor Group acc. to sources - expected 2021 revenue of EUR 193m Pro-forma EBITDA of EUR 32.8m in 2021 (NKP Proprietary)
With NBOs having been submitted in week 41, the sale process for Kimbrer Computer is progressing into the second phase, Deloitte Corporate Finance advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 6, 2022
Kimbrer Computer, an international distributor of refurbished IT and network hardware, is pursuing a majority sale with information memorandums out according to multiple sources (NKP Proprietary)
Advised by Clearwater International, well-performing IT security company SecureDevice explores options w. indicative bids having recently been submitted - gross profit of DKK 22m and EBITDA of DKK 7.4m in FY 2021/2022 (NKP Proprietary)
Company to watch: European web hosting provider Group.ONE, a Cinven portfolio firm since 2019 and recently rebranded from One.com, is in preliminary exit preparations following a well executed buy-and build strategy according to multiple sources (NKP Proprietary)
The owners of Norwegian IT consulting company Move AS may bring in an investor in 2022 after having held preliminary fireside chats with financial sponsors in late 2021 acc. to sources (NKP Proprietary)
Publicly-listed TietoEvry is preparing a part sale of its cloud platform services business Connect according to multiple sources following the 2021 reorg and as hinted at in the firm's 2021 annual report (NKP Proprietary)
Update: Final bids in J.P. Morgan-led sale process for Nature Energy are due in the second half of November with multiple financial sponsors and strategic players actively pursuing the asset acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 4, 2022
Pioneer Point Partners preparing for a H2-2022 majority sale of Nature Energy, the largest Danish biogas producer, with significant interest from global infrastructure funds, J.P Morgan and Kromann Reumert advising according to multiple sources (NKP Proprietary)
With key US/UK competitor bust and air-travel likely to rebound with vaccine, Nordic Capital is warming up to a 2021 exit (likely IPO) of Lagkagehuset acc. to sources - FIH Partners' may be engaged already (NKP Proprietary)
Next-generation vulnerability management software firm Holm Security is reportedly working on a sale or minority investment/capital raise according to multiple sources (NKP Proprietary)
Investment bank (known to NKP) mandated to explore a sale of HR SaaS provider, Timeplan Software - revenue of approx. DKK 52m and EBITDA of DKK 23m in FY 2021/22 (NKP Proprietary)
Privately owned hobby company, The Army Painter, explores ownership options with Deloitte Corp. Finance mandated and teasers being on the doorstep – expected revenues of DKK 160m with EBITDA of DKK 55m in 2022 based on +25% growth in 2022 (NKP Proprietary)
Privately owned Ymer Technology, a specialist within cooling and hydraulic solutions for the global wind power- and off-highway vehicles industries, is being prepared for a sale according to multiple sources (NKP Proprietary)
Verdane in preliminary dialogue with investment banks for a H2-2021 exit process of high-growth wind turbine components firm Polytech - draws interest from several larger private equity funds and family offices, EBITDA of DKK +300m for 2020 (NKP Proprietary)
Update: NBOs for First Sentier Investors-owned Forsea - the Helsingborg/Helsingor ferry operator - are due in week 43/end of October according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 23, 2022
European infrastructure fund First Sentier Investors preparing sale of ferry operator, ForSea, as performance is nearing pre-Covid numbers - 2020 revenue of SEK 944.8m with EBITDA of SEK 170m - investment bank mandated to kick-off process in Q3 (NKP Proprietary)
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