Conscia, backed by Nordic Capital since 2019, is looking to ramp up on bolt-on acquisitions and is looking for a new Head of Mergers & Acquisitions (LinkedIn/NKP Proprietary)
Owners of Norwegian HCM SaaS developer and service provider CatalystOne exploring ownership options including a majority sale - 2020 revenue of NOK 114.7 and NOK 11.7m EBITDA - investment bank mandated for process expected in H1-2022 (NKP Proprietary)
Teasers are out in J.P. Morgan-led Norlys Tele sales process with IMs to be circulated during the coming two weeks, target is to sell a 20-49% minority stake based on 2020 EBITDA of around DKK 700m and revenue of DKK 3,408m according to multiple sources (NKP Proprietary)
Indicative bids to be collected next week in sale of Dafa Group, the Brabrand-based global manufacturer of sealing materials for construction and industrial applications - a process advised by Deloitte Corporate Finance (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2021
Owners of privately-held Dafa Group, a Brabrand-based global manufacturer and distributor of sealing, absorption, and protective materials for construction- and industrial applications, is exploring exit options advised by investment bank according to several sources, marketed at 2021 EBITDA of around DKK 100m (NKP Proprietary)
Oat drinks contract manufacturer Trensums Food AB, owned by Berndt Ivarsson (b. 1953), mandates Clearwater International to explore exit options according to sources - marketed at 2021/2022 EBITDA of SEK 100m (NKP Proprietary)
(Update) Kingspan enters into exclusive negotiations to acquire Troldtekt - signing expected in the coming weeks (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 22, 2021
Indicative bids submitted for the Clearwater-led sale process of Privately-owned Troldtekt - Marketed off 2021 EBITDA of DKK 150m acc to sources (NKP Proprietary)
Axcel mandates investment bank Carnegie for an exit of in-vitro diagnostics equipment firm Aidian (formerly Orion Diagnostica) - a portfolio firm since 2018 now marketed at 2021 EBITDA of EUR 20m following a significant boost from Covid-19 and a Benelux bolt-on earlier this year (NKP Proprietary)
Summit Partners-backed RELEX Solutions, a specialized SaaS solution provider for physical and online retailers, is heading for a change of ownership, according to multiple sources, as investment banks have pitched, 2020 revenue of EUR 86m (+30% year-on-year) and EBITDA of EUR 5.2m (NKP Proprietary)
Dual-track process for top-performing NetOnNet to kick-off in 2021 as consumer electronics spending soars during the Pandemic, ABGSC and SEB (still) in the lead (NKP Proprietary)
Company to watch: Danish prefab housing company Hybel expects a revenue of DKK 1.5bn (3y CAGR of 37.4%) with an EBIT of DKK 100m+ in 2021 - founded by serial exit entrepreneur Michael Mortensen who could be open towards external capital in the future and considers growth through acquisitions (NKP Proprietary)
Hyper-growth poster firm Mapiful preparing exit with investment bank mandated according to NKP's sources in the legal M&A community, 2019 revenue of SEK 43.3m ~ +40% YoY (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 16, 2020
Hyper-growth poster firm Mapiful preparing exit with HDR Partners mandated according to NKP's sources in the legal M&A community, 2019 revenue of SEK 43.3m ~ +40% YoY (NKP Proprietary)
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)
Advised by ABG Sundal Collier, Standout Capital-backed Norwegian software company Papirfly Group explores ownership options - expected ARR of NOK 200m in 2021 (NKP Proprietary)
Advised by Atrium Partners, IT hardware distributor Dansk Computer Center "DCC" explores ownership options with indicative bids having recently been submitted acc. to sources (NKP Proprietary)
Privately-owned Scandinavian design toy brand Maileg expects EBIT of DKK 60m in FY 2020/21 - Internationalization strategy with a focus on Chinese market penetration in 2021 (NKP Proprietary)
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