Extracts from our daily coverage

Log in to app.mainsights.io to access our proprietary coverage of live and future deals (subscription required)
July 4, 2024
Norwegian private equity firm Norvestor acquires a majority stake in German glueckkanja from PRIMEPULSE
Press Release

Headline from pre-deal coverage in M&A Insights
April 9, 2024

Cloud-managed services provider and Microsoft Gold partner, glueckkanja, backed by PrimePulse since 2019, is exploring ownership options advised by Raymond James - 2023 adjusted EBITDA of EUR 10m, acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 3, 2024
Dutch Castik Capital backed TBAuctions acquires Surplex, an online auction platform
Finanz Nachrichten

Headline from pre-deal coverage in M&A Insights
May 10, 2024

Non-binding offers recently collected in Lincoln International guided sale of Surplex, a Pan-European online (B2B) auction house for industrial machinery - according to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
Danish Maersk withdraws from acquisition of German logistics company DB Schenker
Watchmedier
February 29, 2024

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)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
Babcock & Wilcox (publ.) has divested its Danish supplier of spare parts to energy plants Babcock & Wilcox Renewable Services to Swiss green-tech company Hitachi Zosen Inova - EV of USD 87m
Press Release

Headline from pre-deal coverage in M&A Insights
March 20, 2024

Babcock & Wilcox (publ.) is working on a possible divestment of its supplier of spare parts and services for Scandinavian energy plants, previously named Voda, with NBOs due next week in the Clearwater International-led sale process - EBITDA of EUR 10m in FY24E (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
Tietoevry (publ.) announces that the strategic review and sale process for its Tech Services business is progressing
Press Release

Headline from pre-deal coverage in M&A Insights
March 13, 2023

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)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 1, 2024
Esmaeilzadeh Holding divests its entire 47% ownership stake in dental chain Dentalum to existing shareholder RoosGruppen
Press Release

Headline from pre-deal coverage in M&A Insights
January 8, 2024

Esmaeilzadeh Holding appoints Danske Bank to explore ownership options for Swedish dental care chain Dentalum - LTM revenues of SEK 455m and EBITDA of SEK 71m in Q2-2023 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 1, 2024
Maxburg Capital Partners to acquire a majority stake in Slashwhy
Finanz Nachrichten

Headline from pre-deal coverage in M&A Insights
December 5, 2023

Privately owned IT group Ginger GmbH is considering a sale of Slashwhy - a custom software development agency with revenues and EBITDA of EUR 20m and EUR 4-5m, respectively - advised by GP Bullhound, according to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 28, 2024
Tietoevry and Norsk Tipping divest their ownership in eID solutions provider Buypass to Dutch software group TSS
Press Releas
February 6, 2024

Arctic Securities holds the mandate for Buypass, a digital ID and payment solutions provider jointly owned by Tietoevry and Norsk Tipping (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 3, 2023

Company to watch: Buypass, a Norwegian digital ID and payments solutions provider jointly owned by Tietoevry and Norsk Tipping, experiences steady growth to reach revenue of NOK 310m and EBITDA of NOK 40m in FY22 - ownership options are likely to be weighed acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 28, 2024
Doxa-backed Serneke Group divests its contracting business Serneke Sweden to German PE firm Mutares at an EV of SEK 1.5bn
Press Release

Headline from pre-deal coverage in M&A Insights
June 20, 2024

Doxa has retained ABG Sundal Collier to advise on its efforts to carve out and divest the contracting business of Serneke, a Sweden-based construction company, with the process now being "live" acc. to sources - Revenues of SEK 6.2bn in FY23 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 28, 2024
ProMark, a Danish workforce management SaaS vendor, has been acquired by VC firm Fortino Capital
Press Release

Headline from pre-deal coverage in M&A Insights
November 16, 2023

ProMark, a Danish workforce management SaaS vendor, has mandated EY Corporate Finance to explore ownership options, with an expected kick-off in 2024, acc. to sources - Revenues of DKK 77m (+15%) and an EBITDA of DKK 10m in FY22 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 27, 2024
South Korean SK Bioscience acquires 60% stake in German pharmaceutical company IDT Biologika
Reuters

Headline from pre-deal coverage in M&A Insights
November 21, 2023

Update: Evercore guided sale of Klocke Gruppe's biologics division, CDMO firm IDT Biologika, is now in due diligence phase following NBOs submitted in the second half of October with multiple bidders pursuing, acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 26, 2024
Digital vet clinic Firstvet secures SEK 278m in a new funding round
Press Release
November 22, 2023

Advised by Torch Partners, online veterinary platform FirstVet is currently exploring a minority stake sale/capital raise with teasers having recently been distributed, acc. to sources - Revenue of EUR 18m for 2023E (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 16, 2022

Company to watch: FirstVet, a Swedish-headquartered VC-backed digital veterinary clinic, expects revenues of EUR 20m in 2022E - Next capital raise could be explored in the medium term acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 25, 2024
Aareal Bank and Advent International divest Aareon to TPG and CDPQ for approximately EUR 3.9 billion
Press Release
June 6, 2024

Advent International encourages initial bids for Aareon, Aareal Bank's software arm

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 6, 2023

Advent International is teaming up with advisors in preparation of a potential 2024 process for Aareon, a provider of SaaS solutions for the property industry in which the sponsor acquired a 30% stake in 2020, following successful add-ons and expected 2023 adj. EBITDA of EUR 90-100m - acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 25, 2024
Investment firm Bure (publ.) acquires a 12% stake in presentation software platform Mentimeter from Alfvén & Didriksson
Press Release
May 13, 2024

Update: Rothschild is handling inbound investor dialogues for audience engagement platform Mentimeter in addition to, and possibly instead of, the previously contemplated IPO track advised by Carnegie acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 1, 2020

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)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 20, 2024
ICG acquires a minority stake in Granlund Group, a Finnish provider of design services for construction projects
Press Release
February 7, 2024

Update: The PwC Corporate Finance-guided sale process for a minority stake in Granlund Group, a Finnish provider of design services for construction projects, has reached an advanced stage (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 20, 2023

Granlund Group, a privately held provider of engineering, consulting, and software services to the construction sector, has engaged PwC Corporate Finance to advise on ownership explorations, with teasers having recently been distributed, acc. to sources - Revenue of EUR 129m (+19% YoY) and EBITDA of EUR 14.8m in FY22 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 19, 2024
Swedish energy company Stockholm Exergi issues new green bonds of SEK 1bn
Press Release
April 20, 2021

Update: Indicative bids for the sale of Fortum's district heating network Stockholm Exergi are due in the first week of May 2021 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 20, 2020

Finnish energy firm Fortum hires Citi as co-adviser on Stockholm Exergi sale

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 19, 2024
Update: EQT has mandated investment bank Jefferies to lead the sale process for consumer health company Karo Healthcare
Bloomberg

Headline from pre-deal coverage in M&A Insights
February 15, 2024

EQT is entertaining exit dialogues with international investment banks for Karo Healthcare, a provider of OTC and prescription pharmaceuticals as well as medical devices, with sources pointing towards the possibility of a process launching as early as H2-2024 - pro-forma EBITDA of SEK +1,000m in FY23E (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 18, 2024
Børsen confirms NKP's coverage of Jespers Torvekøkkens ownership explorations
Børsen
June 14, 2024

Update: The Deloitte-advised process for Jespers Torvekøkken has reached an advanced stage, according to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 12, 2021

The sales process of catering company Jespers Torvekøkken is again live with Deloitte and Accura advising on behalf of the sellers (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 18, 2024
News media confirms NKP's coverage of the ownership explorations for Marshall Group
DI

Headline from pre-deal coverage in M&A Insights
June 10, 2024

Update: Goldman Sachs has been mandated for a potential stake sale in headphone and speaker company Marshall Group acc. to sources - Adj. EBIT of 791m (LTM Q1-2024) (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 17, 2024
Swedish PE firm Standout Capital acquires a majority stake in Norwegian digital transformation consultancy Inspirit365
Finansavisen

Headline from pre-deal coverage in M&A Insights
May 28, 2024

The private owners of Inspirit365, a Norwegian digital transformation consultancy and Microsoft Partner, are exploring ownership options in an "advanced process" with Nordhaven Corporate Finance advising (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 17, 2024
Update: Norwegian petroleum company Equinor (publ.) shows interest in acquiring a stake in German HH2E
Press Release

Headline from pre-deal coverage in M&A Insights
January 10, 2024

HH2E, a green hydrogen project developer targeting 4GW of capacity by 2030, is pursuing a (stake) sale with NBOs submitted before the Holidays and second phase in January, according to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 17, 2024
Thyssenkrupp is progressing with the sale of Marine Systems
Börsen Zeitung

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
June 14, 2024
Apollo Global and Rettig extend the offer period for its public takeover offer for radiator manufacturer 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
June 11, 2024
EQT-backed Recover Group divests Serwent, its underground infrastructure maintenance arm, to Norvestor
Press Release
May 8, 2024

Update: NBOs have been submitted in the ABG Sundal Collier-advised sale process for Serwent, the underground infrastructure maintenance arm of EQT-owned Recover, acc. to several sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 4, 2024

EQT may pursue a sale of Serwent, the underground infrastructure maintenance arm of its 2019 vintage portfolio company Recover, acc. to multiple sources - sales of above NOK 1,000m and ~10% EBITDA margin (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 11, 2024
Danish energy and telecommunication company Norlys acquires the fiber infrastructure business Ewii Fiber from Ewii Group
Press Release
April 15, 2024

Update: NBOs were collected last week in the Deloitte Corporate Finance-advised sale process for EWII's fiber infrastructure business (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 29, 2023

EWII Group is actively looking for external investors for its fiber infrastructure business amid its pledge to bring fiber in everything to everyone for five municipalities before year-end, acc. to sources - Deloitte Corporate Finance advising, infra fund(s) in the buyer field (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights

Ready to get started?

See for yourself how PE funds and advisory firms strengthen origination capabilities and competitive visibility with M&A Insights
Request Trial
Product
HomeLog inFor ClientsFor Company OwnersM&A News
Company
AboutContact
Social
LinkedIn
© Nordic Knowledge Partners ("NKP") 2024