Owners of 3Shape - the Danish-headquartered leading global dental scanner company - mandates Goldman Sachs to explore a minority sale during H2-2021 according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 14, 2020
3Shape could finally be heading towards an entreprenurial exit - Co-founders have stepped down as Co-CEO`s in the 31 pct. 3y CAGR dentistry technology firm (NKP analysis)
Company to watch: PHM Group, a Nordic provider of property maintenance services owned by Norvestor since 2020, is tipped by NKP's sources as a possible near/mid-term exit candidate on the back of strong growth - sales of EUR 763m (+39% YoY) and pro-forma EBITDA of EUR ~120m in 2023 (NKP Proprietary)
Update: KKR's sale process of Switzerland-based Selecta, provider of vending machines with 2023 adjusted EBITDA of EUR 250m, has kicked off with VDD ongoing, advised by McKinsey, acc to multiple sources (NKP Proprietary)
Update: with management presentations completed in October, IMs being out, and an NBO deadline of second half of December, metering firm Techem's dual-track process mainly draws interest from infrastructure and pension funds, according to sources (NKP Proprietary)
Company to watch: Tomagruppen, a Norwegian family-owned facility services company which last year acquired Alliance+ in Norway, may be considering succession options as Founder and CEO is nearing retirement age and revenue has almost doubled in five years (NKP Proprietary)
Outpatient medical care group Sanecum Gruppe, backed by Adiuva Capital since 2019 and pushed to a continuation vehicle last year, is being prepared for a 2024 sales process guided by J.P. Morgan amid a challenging regulatory environment in Germany - according to sources (NKP Proprietary)
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)
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: Nordea mandated for IPO of KKR-backed Nordic Bioscience, a developer of non-invasive biomarkers - situation first and exclusively covered by NKP M&A Insights on 11 April, process to kick off in the fall of 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 11, 2022
The owners of KKR-backed Nordic Bioscience, a Danish developer of non-invasive biomarkers, is preparing for a listing after the Summer according to multiple sources - still early days with advisors currently being evaluated
Company to watch: Growing inbound interest following strong growth in 2021 and consolidation in the digital and physical security industry may trigger an early exit in Nordic Capital owned Iloq w. 2021 revenue of EUR 105m (+42% YoY) - acc. to sources (NKP Proprietary)
Update: A second round of NBOs is expected in mid-February in the Morgan Stanley-advised efforts to carve out and divest the banking activities of Finnish IT company Tietoevry (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 17, 2023
Update: the potential divestment or listing of Tietoevry's Banking division is getting closer as Morgan Stanley has been retained to lead the efforts, 2022 revenue of EUR 521.3m and adj. EBITA of EUR 71.9m - according to sources (NKP Proprietary)
Privately held STIM, a leading fish health products and services company, explores ownership options advised by ABG Sundal Collier with IMs out according to sources - Sales of NOK 1,206m in FY22 with expected topline growth in FY23E (NKP Proprietary)
Update: following Sampo's announcement last week regarding a strategic review of Mandatum, its life insurance and asset management arm, we understand that Goldman Sachs is actively engaged in preparing for a possible sale or separate listing (NKP Proprietary)
Family-owned Freihoff Gruppe, a security installation and monitoring services provider headquartered in Langenfeld is in a sales process advised by Parklane Capital that saw collection of indicative bids earlier this year, according to sources (NKP Proprietary)
Update: Investcorp is reportedly sounding out advisors for a potential early 2024 sale of healthcare software firm Sanolium/Cambio - bond loans of SEK 800m maturing in 2024 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 24, 2022
Company to watch: Investcorp-backed Sanolium/Cambio circled by sponsors following double digit profitable growth and new CEO team in place with IPO being one option according to several sources, Q3-2021 LTM revenue of SEK 762.1m (+20.5% Y-o-Y growth in Q3-2021) and adjusted EBITDA of SEK 208.3m - around 57% of revenues are recurring (NKP Proprietary)
Colorama AB, the wholesale business behind the largest chain of independent paint shops in the Nordics "Colorama", is considering a majority sale with investment bank mandated according to multiple sources, 2020 revenue of SEK 837m (NKP Proprietary)
Investcorp preparing H2-2021 dual-track process for Abax following record 2020 results and high valuations for high-growth telematics assets according to sources, 2020 revenue of NOK 624.7m and EBITDA of NOK 270.4m excl. full year effects from recent add-on acquisitions (NKP Proprietary)
IMs are reportedly out in TCG Corporate Finance advised sale of buy- and build platform Mindcurv - a managed IT services provider backed by investment firm GENUI since 2019 - marketed off EBITDA of around EUR 14m, according to sources (NKP Proprietary)
Owners of Cloud Factory, a distributor of cloud, hosting & infrastructure, are pursuing a majority sale following 62.7% YoY growth and revenue reaching DKK 81m in FY21/20 - Translution Capital advising with teasers distributed in May 2022 (NKP Proprietary)
The owners of playtech firm Boxbollen, the producer of a portable boxing device, are looking to sell a significant ownership stake in the company, with early-stage preparations ongoing - revenues of SEK 306m in 2023E (NKP Proprietary)
.png){kind=logo}
.png){kind=logo}