Logistics software firm IDNET grows sales 36% to SEK 238m, positive EBITDA, owners nearing retirement age with no successors currently in place (NKP Analysis)
Update: Final bids submitted last week in sale of Catacap-owned Lyngsoe Systems (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 30, 2021
Catacap's portfolio firm since 2014 Lyngsoe Systems grew EBITDA to DKK 32m in 2020 despite a dip in Q1 and expects 2021 EBITDA of DKK +40m - exit is on the horizon following increased inbound interest with Deloitte (still) mandated (NKP Proprietary)
Privately held Brands4Kids, a Danish group of 11 children's clothing brands, is exploring a majority-sale with teasers distributed in Clearwater-led process according to sources - marketed off 2021 revenue of around DKK 300m and EBITDA of DKK 37m (NKP Proprietary)
Holzweiler Oslo, a founder owned direct-to-consumer men's and women fashion brand, is preparing for a sale with Carnegie mandated although it is still "early days" in the process, according to sources
Update: Information memorandums are out in Evli Bank-led sales process for Sobro's portfolio firm and IT services provider Zington with indicative bids due in second half of March according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 1, 2022
Teasers are out in sale of Sobro Private Equity-owned IT services firm Zington with process advised by Evli Bank according to two sources, marketed at 2022 EBITDA of SEK 40m (NKP Proprietary)
Valedo in early dialogue with possible advisors re. exit of Lakrids by Bülow acc. to sources, 2019 EBITDA of DKK 29m and strong current trading as consumers eat more sweets during the Pandemic (NKP Proprietary)
Update: The Deloitte-led sale process of BASE Life Science enters an advanced stage with signing expected before the summer acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 9, 2022
Partner-owned technology- and management consultancy focused on the life sciences sector, BASE life science, is preparing for a majority sale with several prospective buyers having been contacted in recent weeks according to multiple sources (NKP Proprietary)
Update (first covered by NKP on 02 Mar): Carnegie mandated in upcoming sale of privately-owned Lime Green Digital, the company behind online learning sources such as teoritentamen.no and aprento.no (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 2, 2022
Company to watch: privately-owned Lime Green Digital - the company behind online learning sources such as Teoritentamen.no and aprento.no and a developer of CMS-systems for course providers - is circled by multiple sponsors according to sources, 2020 revenue of NOK 90.1m with EBITDA of NOK 48.7m and continued momentum in 2021 (NKP Proprietary)
Advised by Carnegie, the owners of fertility clinics operator Livio is exploring ownership options including a majority sale acc. to sources - reported revenue of SEK 274m with an EBITDA of SEK 28.5m in 2019, marketed at normalized 2021 EBITDA of around SEK 100m reportedly (NKP Proprietary)
Update: The Deloitte-led sale process of BASE Life Science enters an advanced stage with signing expected before the summer acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 9, 2022
Partner-owned technology- and management consultancy focused on the life sciences sector, BASE life science, is preparing for a majority sale with several prospective buyers having been contacted in recent weeks according to multiple sources (NKP Proprietary)
Update - Outpost24 exit process moving along, Monterro receiving first round bids - advised by William Blair
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 8, 2022
Advised by investment bank William Blair, Monterro explores ownership options for fast-growing Swedish cyber security SaaS company Outpost24 acc. to sources - net revenue of SEK 167m (+15% YoY) with EBITDA of SEK -7.3m in 2020 (NKP Proprietary)
(Update) Harris Williams' led exit process of Serendipity-owned premium pet food group Voff progresses - IMs to be distributed in Mid-May (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 11, 2022
Two investment banks incl. one non-Nordic (known to NKP) mandated for dual track exit of Serendipity-owned premium pet food group Voff with 2020 EBITDA of SEK 96m (NKP Proprietary)
Finnish publ. listed steel manufacturer Outokumpu explores spin-off options for its "Long Products" business area with IMs being on the doorstep in BNP Paribas-led process acc. to sources - revenue of EUR 810m and adj. EBITDA of EUR 47m in 2021
Company to watch: Bocap-backed cybersecurity specialist Netox delivers 2021 revenue of EUR 15.7m (+84% YoY) with EBIT profitability and is expected to come to market during H2 following recent inbound interest according and a highly active Nordic cybersecurity M&A market, acc. to multiple sources (NKP Proprietary)
Privately owned gas station operator GO'ON Gruppen with 2021 EBITDA of DKK 107m is in an advanced sales process advised by Clearwater Int., signing expected before the Summer break according to sources (NKP Proprietary)
Indicative bids submitted on 21 January for Finnish job portal Duunitori in process advised by Aventum, 2021 revenue of EUR 13m with normalized EBITDA of around EUR 3m according to sources (NKP Proprietary)
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