Sale of Marlin Equity Partners' portfolio firm Medius gains speed in competitive process following pre-view from selected investors that did not choose to preempt - Arma Partners reportedly has a role (NKP Proprietary)
Carnegie mandated for potential sale of Topdanmark's Life & Pension business according to sources, 2020 premium income of DKK 10,981m and EBT of DKK 117m, 1.1% decrease in premium income, Sampo may see early return on investment for its 47% Topdanmark ownership (NKP Proprietary)
Owners of Diakrit, a marketing platform for real-estate agents, is preparing for a majority sale following previous exit and management buy-back - opportunity related to ongoing cross-Nordic roll-up of software and service providers for real estate agents with Danish eSoft being another target as flagged by NKP last week, according to multiple sources (NKP Proprietary)
Indicative bids to be collected next week in sale of Dafa Group, the Brabrand-based global manufacturer of sealing materials for construction and industrial applications - a process advised by Deloitte Corporate Finance (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2021
Owners of privately-held Dafa Group, a Brabrand-based global manufacturer and distributor of sealing, absorption, and protective materials for construction- and industrial applications, is exploring exit options advised by investment bank according to several sources, marketed at 2021 EBITDA of around DKK 100m (NKP Proprietary)
Owners of IT services firm Upheads, a 2014 spin-off from Netpower Consulting, is preparing for an exit in Pareto-led process with IMs already shared with several suitors according to sources, 2020 revenue of NOK 174m (+14% year-on-year) and EBITDA of NOK 35m (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 20, 2020
With recent traded multiples, IT services firm Upheads could be valued at NOK +380m if founder Ove Rydland (54y) decides to sell (NKP Analysis)
Conscia, backed by Nordic Capital since 2019, is looking to ramp up on bolt-on acquisitions and is looking for a new Head of Mergers & Acquisitions (LinkedIn/NKP Proprietary)
Owners of Norwegian HCM SaaS developer and service provider CatalystOne exploring ownership options including a majority sale - 2020 revenue of NOK 114.7 and NOK 11.7m EBITDA - investment bank mandated for process expected in H1-2022 (NKP Proprietary)
Teasers are out in J.P. Morgan-led Norlys Tele sales process with IMs to be circulated during the coming two weeks, target is to sell a 20-49% minority stake based on 2020 EBITDA of around DKK 700m and revenue of DKK 3,408m according to multiple sources (NKP Proprietary)
Indicative bids to be collected next week in sale of Dafa Group, the Brabrand-based global manufacturer of sealing materials for construction and industrial applications - a process advised by Deloitte Corporate Finance (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2021
Owners of privately-held Dafa Group, a Brabrand-based global manufacturer and distributor of sealing, absorption, and protective materials for construction- and industrial applications, is exploring exit options advised by investment bank according to several sources, marketed at 2021 EBITDA of around DKK 100m (NKP Proprietary)
Oat drinks contract manufacturer Trensums Food AB, owned by Berndt Ivarsson (b. 1953), mandates Clearwater International to explore exit options according to sources - marketed at 2021/2022 EBITDA of SEK 100m (NKP Proprietary)
(Update) Kingspan enters into exclusive negotiations to acquire Troldtekt - signing expected in the coming weeks (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 22, 2021
Indicative bids submitted for the Clearwater-led sale process of Privately-owned Troldtekt - Marketed off 2021 EBITDA of DKK 150m acc to sources (NKP Proprietary)
Axcel mandates investment bank Carnegie for an exit of in-vitro diagnostics equipment firm Aidian (formerly Orion Diagnostica) - a portfolio firm since 2018 now marketed at 2021 EBITDA of EUR 20m following a significant boost from Covid-19 and a Benelux bolt-on earlier this year (NKP Proprietary)
Summit Partners-backed RELEX Solutions, a specialized SaaS solution provider for physical and online retailers, is heading for a change of ownership, according to multiple sources, as investment banks have pitched, 2020 revenue of EUR 86m (+30% year-on-year) and EBITDA of EUR 5.2m (NKP Proprietary)
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