Maj Invest-backed PcP Corporation expects revenue of DKK 385m and EBITDA in the range DKK 50-55m in 2021 - PwC Corporate Finance mandated to explore exit options with teaser material being circulated in the near future (NKP Proprietary)
The sale of construction services investment group Innsikt Holding is gaining speed with information memorandums circulated to a broad (Nordic) buyer field earlier this month and indicative bids due on Fri 28 Jan according to two sources, NOK 100m in expected 2022 normalized EBITDA (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)
As first covered by NKP in January 2021 and most recently updated on 01 March, Polaris is in the process of selling Det Danske Madhus and the process is gaining speed with indicative bids submitted this week, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 20, 2021
Polaris mandates EY to explore a sale of its food service provider Det Danske Madhus
Update: Indicative bids submitted before Easter in the sale of privately held IT services company NTI Group, Clearwater and Accura advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2022
Privately-owned NTI Group, an IT services firm and "Platinum" autodesk partner, is being prepared for a majority sale with IMs soon to be distributed and indicative bids due in late April according to multiple sources
Update: Sale of Solix-owned fiber-cement manufacturer Cembrit has dragged out but remains active with minimum one bidder actively pursuing it, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 23, 2021
Company to watch: Cembrit, a fibre-cement building products manufacturer owned by Solix Group since 2015, grows revenue to DKK 1,734m (+12% YoY) and EBITDA to DKK 282m (+70% YoY) in 2020 - several sources find an exit process in the next 6-9 months highly likely (NKP Proprietary)
Norwegian privately owned UniSea, a maritime software solutions provider, explores ownership options advised by PwC Corp. Finance acc. to sources - revenue of NOK 72m with EBITDA of NOK 23.3m in FY2021 (NKP Proprietary)
Boosted by the Pandemic, presentation SaaS firm Mentimeter is ahead of target w. +30m new users YTD, could be warming up to suitors with recent peer valuations (NKP Analysis)
Following a beauty parade during the fall, PwC Corporate Finance has been mandated for a sale of Credo Partners' portfolio firm Globus Wine acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 30, 2020
Globus Wine could be the next exit as Norwegian Credo Partners is tidying up its Danish portfolio with the ongoing sale of Geia Foods (NKP Analysis)
Company to watch: DNB could launch sale of Norwegian maritime and offshore safety education company ResQ (formerly state-owned and recently carved-out from Capman's previous portfolio firm, Acona Group) later this year, following favorable markets trends and a turn-around since assuming ownership in 2020 in a debt-for-equity deal - according to multiple sources (NKP Proprietary)
Update: Indicative bids recently submitted in Carnegie-led sale of Adelis-owned Knightec (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 18, 2022
Company to watch: specialised R&D and product development consultancy Knightec, acquired by Adelis in 2017, is being prepared for a potential exit "later in 2022" following the integration of two add-ons and strong momentum according to multiple sources - pro-forma 2020 revenue of SEK 760m with non-adjusted EBITDA of SEK 48m (NKP Proprietary)
Update: The Deutsche Bank guided sale of invoice and payments software and services provider Ediex - a carveout from Nets - has moved to the due diligence phase following indicative bids in Early May, a process first and exclusively covered by NKP on 09 March, 2022 (NKP Proprietary)
Update: Indicative bids submitted before Easter in the sale of privately held IT services company NTI Group, Clearwater and Accura advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2022
Privately-owned NTI Group, an IT services firm and "Platinum" autodesk partner, is being prepared for a majority sale with IMs soon to be distributed and indicative bids due in late April according to multiple sources
(Update) The sale process of Norwegian Montel Group picks up speed with indicative bids due this week - Alpha Corporate Finance advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 29, 2021
Montel Group, a news and data platform covering the European energy markets, explores ownership options advised by Alpha Corporate Finance - revenue of NOK 127m with an EBITDA of NOK 19.3m in 2020 (NKP Proprietary)
Privately owned Engcon, a Swedish manufacturer of tiltrotators for excavators, is preparing for an exit preferably by way of IPO according to multiple sources - Nordic investment bank mandated (NKP Proprietary)
Privately owned Norwegian consumables distributor Maske Gruppen explores ownership options w. teasers having recently been distributed, Alpha Corp. Finance advising - revenue of NOK 1,141m with EBITDA of NOK 107m in 2020 (NKP Proprietary)
Company to watch: European Sperm Bank, a portfolio company of Axcel since 2019, delivers strong organic growth reaching adj. EBITDA of DKK 90m in 2021 - Axcel may explore ownership options in H2-2022 acc. to sources (NKP Proprietary)
Update: Cinven is pushing forward with the planned exit of Envirotainer advised by Citi and J.P. Morgan - indicative bids to be collected in early May acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 22, 2021
Cinven is preparing for a 2022 exit of its 2018 acquisition of Envirotainer - the leading global provider of cold chain solutions for air transport of pharmaceuticals - as investment banks are invited to pitch, marketed at 2021 normalized EBITDA of around SEK 1,000m according to multiple sources, 2020 revenue reported at SEK 1,771m (+7.5% year-on-year) (NKP Proprietary)
Several sponsors currently reviewing the opportunity of taking EHSQ SaaS firm EcoOnline private which triggered the strategic review announcement from 07 April (NKP Proprietary)
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