Danish SME-focused Kompasbank looks to raise EUR 100-300m in a Series C funding round - total lending portfolio of DKK 1,147m in H1-2023 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 1, 2023
Danish fintech-bank looking to raise DKK 100-300m in second tranche of Series B funding round - open to approaches from interested advisors
TDC NET is preparing a possible sale of DKTV (formerly Dansk Kabel TV), a Danish fiber infrastructure installation services provider - EBITDA of DKK 101m in FY22 (NKP Proprietary)
Update: IMs are out in Rothschild-advised sale of Swiss Acrotec, the precision mechanics component maker owned by Carlyle since 2020, non-binding bids reportedly due before Easter acc. to sources with 2023 adj. EBITDA of around CHF 180m (NKP Proprietary)
Update: Due diligence efforts are ongoing in the Houlihan Lokey- and Goldman Sachs-advised sale process for Oakley Capital-owned Ocean Technologies Group, a global maritime e-learning group, acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 24, 2022
Investment Bank (known to NKP) mandated to explore a majority sale of Oakley Capital-backed Ocean Technologies Group, a Norway/UK-headquartered global maritime e-learning business - EBITDA of NOK 220m in 2020 (NKP Proprietary)
Update: International investment bank Kroll Securities is advising family-owned packaging firm Fischbach on its potential sale, which has reached an advanced stage according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 24, 2024
Family-owned Fischbach, a packaging technology provider and the inventor of the plastic caulking tube used for latex and silicone applications, is weighing various ownership options including a majority sale, one bidder could be advanced - according to multiple sources (NKP Proprietary)
Update: The Saga Corporate Finance-guided sale process for Scandic Invest-owned Lexit Group, a Norwegian provider of industrial software and mobility hardware, has reached an advanced stage (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 3, 2023
Scandic Invest-backed Lexit Group, a provider of supply chain and retail software solutions, related services and hardware, is currently in an exit process advised by Saga Corporate Finance - IMs distributed (NKP Proprietary)
Advised by Deloitte Corporate Finance, Solix explores ownership options for Hoyer Group, a provider of customised electric motor solutions, acc. to sources - EBITDA of DKK ~95m in 2023E (NKP Proprietary)
Novedo, an industrial group controlled by Esmaeilzadeh Holding with 2022 pro-forma EBITA of SEK 300m, is working on a sale advised by Clearwater International with IMs being out as an alternative to the previously communicated IPO plans - according to 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: Miss Group, a fast-growing international web hosting services group backed by Perwyn since 2020, is working on a refinancing which could pave the way for a near/mid-term exit, according to sources - revenue of SEK +1,000m with a +40% EBITDA margin in FY23 (NKP Proprietary)
Majority-owned by Sentica since 2014, B2B car leasing firm Secto Automotive is well positioned to capitalise on the transformation towards electric vehicles and the demand for flexible solutions in a market where conventional players are challenged on delivery times - Danske Bank mandated for upcoming sale acc. to sources (NKP Proprietary)
Update: The Clearwater-led sale process for DOT, a Denmark-based surface treatment provider, has reached an advanced stage following NBO submissions in March, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 22, 2023
Corporate finance advisor mandated for ownership explorations of DOT, a pan-Scandinavian surface treatment provider, following strong full-year figures, acc. to sources - EBITDA of DKK 162m in FY22 (NKP Proprietary)
DemoUp Cliplister, a provider of digital asset management software to consumer brands and retailers, is preparing for a sale advised by Carlsquare, acc. to sources (NKP Proprietary)
EQT explores options to bring in a new minority shareholder for its 2019 portfolio company WS Audiology, a Danish designer and manufacturer of hearing aid solutions - revenues of EUR 2,465m (+5% YoY) and adj. EBITDA of EUR 514m in FY22/23 (NKP Proprietary)
Update: IMs are circulating in the Goldman Sachs-guided sale of Siemens Airport logistics division, the group's automated passenger baggage sorting and handling systems activities, marketed off 2023 EBITDA of EUR 50m(NKP Proprietary)
Update: NBOs are being collected in connection with the G.P. Bullhound-advised process for Unicontrol, a Danish SaaS provider of machine control systems for the construction sector (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 22, 2023
The private owners of Unicontrol, a Danish SaaS provider of a machine control system for construction, have begun mulling ownership options including a possible sale of the company in the near/mid-term - sales of DKK 71m (+234% YoY) and EBITDA of DKK 21m (NKP Proprietary)
Privately owned Gavefabrikken, a gift shop company focused on the B2B segment, is to resume sale explorations advised by Clearwater International- revenues of DKK ~356m and EBITDA of DKK 55m in FY22/23 with 8-12% YoY growth expected for FY23/24 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 23, 2022
The owners of Gavefabrikken - a gift shop and gift delivery company focused on the B2B segment - mandate Clearwater to explore a potential majority sale of the company according to multiple sources, 2020/21 (04) revenue of DKK 274.2m (+42% year-on-year) and EBITDA of DKK 39.6m (NKP Proprietary)
Family-owned micro-nutrient supplements manufacturer and brand owner Orthomol is preparing for a sale advised by Houlihan Lokey with projected 2024 adj. EBITDA of EUR 55m, according to sources (NKP Proprietary)
Update: DNB mandated for H2-2022 sale of industrial and oil & energy services provider Beerenberg - the Segulah-owned firm is marketed off EBITDA of around EUR 25m according to multiple sources, opportunity first covered by NKP on 02 June, 2021 (NKP Proprietary)
Blue Equity's holding period in Kohsel bypasses 6 years, debt is paid off and EBITDA reached DKK 26m in 2019 - the PE firm could realize a solid return if Kohsel is exited (NKP analysis)
Ownership options are being considered for Aider, a Norwegian provider of tech-enabled accounting and consulting services, with Carnegie advising and some sell-side material having been shared, acc. to sources - marketed off EBITDA of NOK 250m (NKP Proprietary)
Update: Final bids are due before the end of June in connection with Altor's Carnegie-advised efforts to carve out and divest Retta Isännöinti, the Finnish B2C housing arm of Retta, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2024
Update: Teasers have recently been distributed in Altor's Carnegie-led efforts to carve out and divest Retta Isännöinti, the Finnish B2C housing management arm of Retta, acc. to multiple sources (NKP Proprietary)
Update: Rothschild is handling inbound investor dialogues for audience engagement platform Mentimeter in addition to, and possibly instead of, the previously contemplated IPO track advised by Carnegie acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 1, 2020
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)