Update: Migros faces delays in Mibelle sale, with completion now expected in Q1 2025
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 27, 2024
Alantra appointed to oversee the sale process of Migros carve-out of Mibelle, a manufacturer of Personal Care & Beauty, Home Care and Nutrition products (NKP Proprietary)
The Sparebanken 1 Markets-advised process for AQS, a Norwegian vessel owner and service provider to the aquaculture industry, has reached an advanced stage, acc. to several sources (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 21, 2024
The owners of AQS, a Norwegian vessel owner and service provider to the aquaculture industry, weigh ownership options to accelerate growth - Sparebanken 1 Markets advising, according to sources (NKP Proprietary)
The owners of AFI Solutions, a provider of digital document management solutions from Stuttgart, are in a GVG-advised sale process with teasers out since August, marketed off revenues of EUR 20m and EBITDA of EUR 2m, acc. to multiple sources (NKP Proprietary)
Carve-out potential: the owners of European nonwovens maker and privately-held McAirlaid's Vliesstoffe GmbH is reportedly weighing options for its Curea Medical business, a maker of branded multi-purpose non-woven wound dressings, acc. to sources (NKP | M&A Insights Proprietary)
Hystar, a Norwegian high-tech hydrogen company specializing in PEM electrolyzers for the production of green hydrogen, is preparing a funding round to accelerate growth (NKP Proprietary)
Tietoevry's (publ.) Bank of America-advised sale process for its Tech Services division is well-advanced with a non-industrial player, expected conclusion in March
NKP | M&A Insights Proprietary
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)
Update: Verivox-sale is ongoing and advised by PJT Partners, seeing the consumer price comparison platform marketed off 2024E EBITDA of around EUR 40m, according to multiple sources (NKP Proprietary)
The owners of Komoot, a hiking/biking trip planner application, have reportedly mandated Perella Weinberg to explore ownership options, reportedly marketed off 2024 revenues of EUR 50m and EBITDA of EUR 12m, acc. to sources (NKP | M&A Insights Proprietary)
Update: Miebach Consulting, a privately owned globally operating supply chain focused management consultancy, may soon change hands as deadline for final bids are coming up or recently passed, according to multiple sources (NKP Proprietary)
Update: Nalka-backed Asker Healthcare Group sets sights on H1-2025 IPO after last year’s sale explorations, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 31, 2023
Update: NBOs are due today for Swedish Nalka-backed Asker Healthcare Group - Process followed since March 2023 (NKP Proprietary)
Maxburg is working with MCF Corporate Finance on an exit of GFS, a manufacturer of mechanical and electronic safety components for emergency exits, marketed off 2024E EBITDA of EUR 3.6m and teaser is out, acc. to sources (NKP Proprietary)
Vitronet Group - previously a sister company to Vitroconnect and an acquisitive infrastructure services provider within network expansion - is being prepared for a sale by DBAG which entered as majority shareholder in a 2017 MBO, according to multiple sources (NKP Proprietary)
Update: The Arma Partners-advised process for Admincontrol, a subsidiary of Hg Capital-backed Visma providing SaaS-based board portals and data rooms, is well-progressed in a narrow process, acc. to multiple sources (NKP | M&A Insights)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 31, 2024
Hg-backed Visma is preparing a possible carve out of Oslo-headquartered Admincontrol, a provider of SaaS-based board portals and data rooms, according to NKP sources - revenues of EUR 40m in FY23 (NKP Proprietary)
Update: Raymond James appointed for post-Summer sale of Bregal's portfolio firm since 2021, Actico, a process automation software provider to financial services firms (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 2, 2024
Bregal has reportedly appointed advisors for an upcoming sale of its portfolio firm Actico - a provider of process automation SaaS solutions to the financial services industry - expecting 2024 EBITDA of EUR 25m, acc. to sources (NKP Proprietary)
Update: IMs are out in the EY-advised sale of e-boks Group, with NBOs set to be collected before Christmas, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 17, 2023
Update: Teasers are out in the EY-advised sale of E-boks, with IMs to be distributed in the first half of November, acc. to multiple sources (NKP Proprietary)
Company to watch: Carelink, a private healthcare group owned by Dansk Generationsskifte, delivers revenue of DKK 1,732m with EBITDA of DKK 167m in FY22 - EY Corporate Finance engaged ahead of a planned exit process expected to kick off in H1-2024 acc. to sources (NKP Proprietary)
IMs are out and NBOs are soon to be collected in the Goldman Sachs-advised sale process for Havfram, a Norwegian vessel operator offering installation services for offshore wind turbines and foundations (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 17, 2024
Teasers are out in DNB Markets-advised process for Icon Capital-backed Abyss Group, a well-performing service vessel operator to the aquaculture and offshore energy sectors, acc. to sources - EBITDA of NOK ~140m in FY24E (NKP | M&A Insights Proprietary)
The owners of Swedish construction machinery rental company Hyreslandslaget weigh ownership options advised by Danske Bank Corporate Finance, according to sources - EBITDA of SEK 185m in 2023 (NKP | M&A Insights Proprietary)
Invalidiliitto Group is exploring ownership options for Validia, a Finnish provider of disabled care services, with CountOn Corporate Finance advising and sell-side material having been distributed, acc. to sources - sales of EUR 114m and EBITDA of 9m in 2023 (NKP Proprietary)
Update: The BofA-advised sale process for Wrist Ship Supply, a provider of ship supply services owned by Altor since 2007, has reached an advanced stage with signing expected soon, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Update: Teasers have been distributed in the exit process for Altor-backed Wrist Ship Supply, BofA advising acc. to multiple sources
Binding bids have been submitted in the Goldman Sachs-advised sale process for Saxo Bank, according to multiple sources (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 17, 2024
Following the halted SPAC listing on Euronext Amsterdam in H2-2022, the owners of Saxo Bank have switched the focus towards an M&A track with pre-sounding currently commencing - Goldman Sachs advising acc. to multiple sources (NKP Proprietary/Reuters)
Update: The William Blair advised sales process of Herchenbach, a manufacturer of temporary and semi-permanent industrial and commercial structures, is entering phase II after NBO collection end of October, marketed off 2024E adjusted EBITDA of EUR 15m, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 17, 2024
Two privately-owned lightweight/semi-permanent warehouse facilities and tent providers are in the market, Eschenbach Zeltbau and Herchenbach Industrial, respectively, advised by Walter Fries and William Blair, respectively, marketed off 2024 adjusted EBITDA of EUR 5m and EUR 15m, according to multiple sources (NKP Proprietary)
Creathor Ventures-backed Zadego, the company behind the booking and property management software solution “easybooking”, explores ownership options advised by Carlsquare - marketed off an ARR of EUR 8m acc. to sources (NKP Proprietary)
Update: Nalka-backed Asker Healthcare Group sets sights on H1-2025 IPO after last year’s sale explorations, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2024
Morgan Stanley mandated for potential sale of Nalka-owned medical supplies group Asker Healthcare following February's beauty parade with a minority sale this year followed by a 2024 IPO not being ruled out either - VDD work ongoing, according to sources (NKP Proprietary)
OrderYOYO (publ.), a provider of ordering, payment, marketing software, and POS solutions to takeaway restaurants which acquired German peer "app smart", may resume P2P talks during 2025, following a Stifel-advised process over the summer of 2024, acc. to sources (NKP | M&A Insights Proprietary)