Former EMK portfolio firm and exchange listed since Feb 2021, shares of private education company Lumi Gruppen drops 79.5% since the listing - currently trading at EV/EBITDA (LTM) of 4.1x, Swedish Atvexa a potential buyer (NKP Proprietary)
Privately owned Revac, a specialist within Waste Electrical and Electronic Equipment (WEEE) recycling, is being prepared for a sale in process advised by ABG Sundal Collier - some pretesting in the spring based on 2021 EBITDA of NOK 122.9m (NKP Proprietary)
Kirk Kapital-backed metals recycling company Scanmetals looks to explore ownership options for minority stake/capital raise following strong growth in 2021 - Nordea mandated for Q3-2022 process - revenue of DKK 1,000m with EBITDA of DKK 150m in FY21 (NKP Proprietary)
Company to watch: Impilo- and Kirk Kapital owned Ferrosan Medical Devices (FMD) - a market leading manufacturer of gelatine-based bioabsorbable haemostatic products for use in surgical procedures - is circled by multiple suitors following strong current trading and 2021 EBITDA of DKK 271m, no (sell-side) advisors mandated despite the rumours (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 21, 2020
Kirk Kapital might exit Ferrosan Medical Devices soon
(Update) As first reported by NKP (January 2022), Maileg exploring ownership options in process mandated by Clearwater - multiple sponsors pursuing the case (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 11, 2021
Privately-owned Scandinavian design toy brand Maileg expects EBIT of DKK 60m in FY 2020/21 - Internationalization strategy with a focus on Chinese market penetration in 2021 (NKP Proprietary)
Nordic Capital in preliminary exit preparations for its 2017 investment in Cary Group (Ryds Bilglas) acc. to sources, recently rebranded and fresh 2025 strategy plan w. doubling of revenue and successfully executed roll-up case - EBITDA of SEK 268m in 2019 (NKP Proprietary)
Verdane expects to list IPO-ready infrastructure construction firm Bellman Group in 2022 following successful buy-and-build strategy and strong cash conversion acc. to sources, no advisors mandated yet (NKP Proprietary)
IMs on VENI Energy Group to be distributed in early October in ABGSC led process according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2021
Advisors are positioning in anticipation of H2-2021 or Q1-2022 exit process for Norvestor's well-performing energy services and sourcing firm VENI Energy Group, according to sources - 2019 EBITDA of NOK 188m
Having been carved out as a stand-alone company from Cobham in 2020, Cobham Satcom (mostly consisting of Danish Thrane & Thrane) is being prepped for an exit by its owner since 2019, Advent International, according to multiple sources - revenue of USD 233m with normalized EBITDA of USD 51m in 2021 (NKP Proprietary)
*Company to Watch* Norwegian marketing service provider for real-estate agents Inviso may be headed for a change of ownership according to sources (NKP Proprietary)
The owners of Shape Group, a Copenhagen-based founder-owned digital agency, is exploring a sale of its subsidiary Shape Games which provides a customer engagement platform for iGaming applications - teasers are out in process advised by BDO Corporate Finance according to sources, 2020 EBITDA of DKK 21.5m (NKP Proprietary)
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