Update: The minority stake sale of Danish European Energy Group moves into the second round with multiple bidders acc. to sources, FIH Partners advising as first uncovered by NKP on 08.04.2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2022
European Energy Group, a privately owned developer and asset manager within renewable energy, is preparing for a minority stake sale advised by FIH Partners, 2021 EBITDA of EUR 81.2m based on revenues of EUR 328.7m (+59% year-on-year) according to sources (NKP Proprietary)
Update: Access Partners holds the mandate for Triton's potential divestment of Fonecta, a Finnish digital marketing agency, from its ownership in EDSA Group in a Q4-2023 sale process, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 31, 2023
Triton is looking to divest Fonecta, a Finnish digital marketing agency, from its ownership in EDSA Group in a Q4-2023 process with teasers already out, acc. to multiple sources - Sales of EUR 58m and EBITDA of EUR 8m (NKP Proprietary)
Update: Francisco Partners is pursuing a nearly EUR 1,000m refinancing for software group EG in the wake of a prior dual-track process, acc. to sources - minority-stake sale still on the table (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 11, 2022
Listing of Francisco Partners owned software provider EG in advanced stage with analyst presentations held before the Holidays, listing expected in Q1-2022 or early Q2-2022 at the latest, according to sources (NKP Proprietary)
Update: Ownership explorations for Green Instruments advised by Clearwater Intl. have been relaunched, acc. to sources - EBITDA of DKK 35m in FY22 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 18, 2020
Privately owned Green Instruments might be looking for a buyer
Alder-backed Aidon, a provider of smart grid and smart metering technology and services, explores ownership options advised by Bryan, Garnier & Co. with NBOs being due towards the end of March 2023 - adj. EBITDA of approx. EUR 7m in 2022 acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2020
PE-firm Alder to exit Finnish technology company Aidon in Q1 2021
Plans to privatise capex-needing Swedavia, the state-owned airport operator, are taking form as preliminary informal discussions are ongoing, according to sources (NKP Proprietary)
The Hempel Foundation mandates investment bank Rothschild to explore a sale of a minority stake in coating supplier Hempel, IPO on the horizon - revenue of EUR 1,774m and EBITDA of EUR 203m in FY21 (NKP Proprietary)
Carnegie and Pareto Securities are advising the private owners of EIK Servering, a Norwegian hospitality and restaurant consolidator, on a potential sale of the group to fund its aggressive acquisition agenda - marketed off sales of NOK 1,000m and EBITDA of NOK 124m in FY22 adj., acc. to sources (NKP Proprietary)
Etelä-Savon Energia ('ESE'), the heating and electricity grid operator of the City of Mikkeli, is eyeing a 49% stake sale advised by KPMG, with NBOs having been collected in mid-May, according to NKP's sources (NKP Proprietary)
Barclays has hosted fireside chats with potential buyers of its German Consumer Finance business, formerly Barclaycard Germany, according to several sources with knowledge of the situation
DNB Markets appointed for the potential sale of CheckWare, a Norwegian privately held patient monitoring software provider, following strong financial performance acc. to sources - EBITDA of NOK 12.8m in FY22 (NKP Proprietary)
Go North, an investment platform and aggregator of third party Amazon reseller brands, is actively preparing for an IPO-weighted dual-track later this year advised by Carnegie, backed by eEquity since 2022 (NKP Proprietary)
Update: Final bids are due in October in Rothschild-advised sale of Norwegian ferry company Fjord1, Basalt Infrastructure among potential suitors, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 1, 2023
Vision Ridge Partners and family office Havila mandate Rothschild to pursue a sale of Norwegian ferry operator Fjord1, targeting a Q3 process with teasers going out shortly, according to sources (NKP Proprietary)
Update: Telia is pushing forward with the possible divestment of its ICT services subsidiary Telia Inmics-Nebula with teaser material being "on the doorstep" acc. to sources - investment bank (known to NKP) advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 31, 2022
Telecommunications firm Telia is in the early phase of preparing for a carve-out of its Finnish ICT business, Telia Inmics-Nebula ("TIN"), according to multiple sources in the private equity environment - 2020 revenue of EUR 158.5m and unadjusted EBITDA of EUR 11.7m
Update: BofA-guided sale of Orkla Food Ingredients reaches an advanced stage, acc. to several sources - strong H1-2023 financials show 16% organic growth (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 24, 2022
A sale is the main avenue being explored in relation to Orkla's recently announced intention to seek out partners for its Food Ingredients division, with an investment bank mandated, acc. to multiple sources (NKP Proprietary)
Update: Final bids have been submitted in the Rothschild-advised exit process for Walki Group, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 15, 2022
One Equity Partners engages investment bank Rothschild to explore a sale of Walki Group, a Finland-headquartered major provider of sustainable packaging solutions, acc. to sources - revenue of EUR +700m with +10% EBITDA margin in 2022E (NKP Proprietary)
Modular Finance, a Swedish SaaS provider of financial market data and digital investor relations tools, could come to market in the near-medium term acc. to several sources - revenue of SEK 102m (+45% YoY) and EBIT of SEK 62.5m in FY22 (NKP Proprietary)
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