Extracts from our daily coverage

Log in to app.mainsights.io to access our proprietary coverage of live and future deals (subscription required)
May 4, 2023
Update: Cinven and Novo Holdings among the prospective suitors for EQT-backed Ellab with expected price tag of DKK 8bn according to news outlet - EV/EBITDA of at most 26.7x
InsideBusiness

Headline from pre-deal coverage in M&A Insights
November 10, 2021

Company to watch: EQT-backed Ellab grows revenue to DKK 497m with adj. EBITDA of DKK 203m in FY20/21 Following successful buy-and-build strategy - sources mull that EQT may be tempted to explore ownership options in 2022 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 4, 2023
Swedish real estate fund manager Niam, advised by Deloitte Corporate Finance, has acquired Danish family-owned construction company Milton Huse
Press Release

Headline from pre-deal coverage in M&A Insights
February 9, 2021

Advised by Deloitte and Accura, privately-held Milton Huse is being marketed at an EV of DKK 1,000m against 2020 EBITDA of DKK 85m (10-12x) - teasers are out with IMs expected in March (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 1, 2023
CVC Capital-backed Scan Global aims to double its DKK 40,000m revenue by 2027 ahead of IPO
Finans
March 15, 2022

Distribution of IMs in Barclays-led sale of AEA Investors owned Scan Global Logistics not yet out as previously expected - delay may be caused by the war in Ukraine according to multiple sources, 2021 normalized EBITDA of USD 129m

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 16, 2021

Scan Global Logistics emerges stronger from the Pandemic with 2020 revenue of USD 1,225 (+14% YoY) and EBITDA of USD 50.6m, 8% organic growth and continued high buy-and-build potential - secondary buyout in Q1 or Q2 2022 a likely exit scenario according to sources close to the firm (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 27, 2023
Polaris-backed safety and survival training provider RelyOn Nutec places EUR 80m senior secured bonds
Press Release

Headline from pre-deal coverage in M&A Insights
November 17, 2022

Company to watch: RelyOn Nutec, a global safety and survival training provider for safety-critical industries, continues strong momentum and could provide a strong exit candidate for Polaris acc. to sources - 2022E EBITDA guidance of DKK 175-180m (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 27, 2023
Danish biomass technology company Dall Energy raises DKK 80m from French PE firm Eiffel Essentiel
Press Release

Headline from pre-deal coverage in M&A Insights
March 24, 2021

Dall Energy owner expects strong organic growth - exit likely within the next few years (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 26, 2023
EQT and other large cap private equity firms are settling the bidding war for Swedish medtech company Wellspect - expected EV of SEK 10bn
Afv

Headline from pre-deal coverage in M&A Insights
December 22, 2022

Wellspect, a maker of urinary catheters and bowel management systems, is being prepared for a sale by its owner Dentsply Sirona following the parent's strategic review of the portfolio announced on 14 Nov - Jefferies and Centerview Partners advising, according to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 26, 2023
Publ. listed Finnish software company Witted Megacorp looks to grow through acquisitions
Kauppalehti

Headline from pre-deal coverage in M&A Insights
October 8, 2021

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)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 26, 2023
Swedish publ. listed industrial group Volati looks to continue its trend of accretive acquisitions
Press Release

Headline from pre-deal coverage in M&A Insights
April 23, 2021

Storskogen directs its M&A Agenda towards the UK and DACH region (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 25, 2023
Finnish IoT firm Haltian secures EUR 22m in a funding round led by MAM GE for US and European expansion
Press Release

Headline from pre-deal coverage in M&A Insights
August 29, 2022

IoT & Smart Buildings tech company Haltian looks to raise EUR 15-20m in autumn 2022 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 25, 2023
British buyout fund Hanover Active Equity Fund III and its wholly-owned subsidiary Lola Bidco acquire all shares in Norwegian Lumi Gruppen (publ.) for NOK 1,000m at EV/EBITDA of 10x - Initially covered by NKP on 15 August 2022
Press Release

Headline from pre-deal coverage in M&A Insights
August 15, 2022

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)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 21, 2023
Italian marketing technology firm Jakala acquires Findos-backed FFW, advised by Carnegie - A process covered by NKP since early August 2022
Press Release
March 10, 2023

Update: The exit process for Findos-backed FFW progresses to the second phase following recently submitted indicative bids, Carnegie advising (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 5, 2022

Company to watch: Findos-backed FFW, a Global lead agency for customer-centric digital platforms, grows revenue to DKK 422m with pro-forma EBITDA of ~85m in FY21 - strong current trading prompts Findos to consider an early exit acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 21, 2023
Reka Industrial is exploring possible acquisitions by pursuing new strategy followed by profitable growth
Press Release

Headline from pre-deal coverage in M&A Insights
June 2, 2021

OpenGate Capital seeks bolt-on acquisitions for the Norwegian portfolio companies Jotul and Fiven (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 20, 2023
Mubadala-backed M42 acquires Swedish renal care provider Diaverum from British PE firm Bridgepoint for USD 2,000-2,500m - EV/EBITA of ~14x
Press Release
September 16, 2022

With IPO plans on hold following the failed listing attempt in 2020, Bridgepoint is now (again) working on a sale of renal care provider Diaverum with Citi advising according to multiple sources - 2021 revenue of EUR 876m (+2.9% year-on-year) and Pro-forma EBITA of EUR 144m (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 10, 2020

Bridgepoint was looking to list Diaverum before summer - last week's health care deals could entice the PE-firm to accelerate its dual exit process soon (NKP Analysis)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 20, 2023
Norwegian cleantech firm Enwa sold to Skion Water owned by German billionaire Susanne Klatten
Finansavisen
August 25, 2022

Update: The planned sale of Norwegian cleantech company Enwa is progressing into second round with NBOs having been collected in mid-June, Pareto Securities advising sell-side (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 20, 2022

IMs are out for a majority stake sale of privately owned cleantech company Enwa - previously covered as a likely IPO candidate on multiple occasions (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Update: Catacap's portfolio company TP Aerospace experiences strong FY22 revenue growth of +66% YoY - Sale process ongoing and first reported by NKP in August 2022
Børsen
March 8, 2023

Update: teaser is out in planned sale of Catacap-backed TP Aerospace which is marketed of 2023 budget EBITDA of USD 72m with cash EBITDA budgeted at around USD 35m (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 31, 2022

Advised by FIH Partners, CataCap is preparing for an exit of its 2017 investment in aviation aftermarket company, TP Aerospace, as performance rebounds - expected EBITDA of DKK 250-300m in 2022 acc. to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Update: Smart EV charging solutions provider Easee plans to raise NOK 150-300m before the summer holidays
Shifter

Headline from pre-deal coverage in M&A Insights
February 1, 2023

Smart EV charging solutions company Easee is preparing for a minority sale advised by ABG Sundal Collier with 2022E EBIT of NOK 800-1,000m and revenues of around NOK 2,000m - process expected to kick off after Easter (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Publ. listed Swedish communications company HMS Network seeks acquisition opportunities
Realtid

Headline from pre-deal coverage in M&A Insights
December 9, 2021

Privately-owned Telavox looks for acquisitions - IPO could be an option at a later stage (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Update: ACQ Bure to merge with Yubico, intend to go public on Sweden's Nasdaq First North Growth Market - First covered by NKP on 26 November 2021
Press Release

Headline from pre-deal coverage in M&A Insights
November 26, 2021

Owners of Yubico - the Swedish company behind the USB and NFC authentication solution YubiKey - including founders, Bure Equity, Meritech Capital Partners, Andreesen Horowitz, and AMF, is pondering an IPO according to sources following a return to profitability and an accelerated demand caused by the lockdown's work-from-home wave with 70% growth in 2021 - Carnegie may be advising (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 18, 2023
Investment firm Creades divests its shareholding in insurance company Hedvig
Breakit

Headline from pre-deal coverage in M&A Insights
July 15, 2022

Anthemis-backed Swedish insurance technology company Hedvig prepares for Series C funding round in 2023 (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 14, 2023
Nordstjernan CEO opens up about possible divestments
DI
June 16, 2022

Finnish PE fund Bocap looks to acquire 6-8 companies in its third fund, prepares to raise up to EUR 300m in Fund IV towards end of 2023

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 29, 2020

Jula with strong financial muscle to acquire businesses

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 14, 2023
Norwegian semiconductor company CrayoNano gains subscriptions in contemplated NOK 100-150m private placement
Press Release

Headline from pre-deal coverage in M&A Insights
February 8, 2021

CrayoNano to follow IPO track post-product launch in H2 2021 - No advisors are committed after advanced discussions (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 13, 2023
UK-based intellectual property group Opsec Security acquires Danish Zacco - Process first covered by NKP in September 2022
Realtid
November 29, 2022

The sale process for IP consultancy Zacco progresses into the due diligence phase following NBOs having been submitted in early November, Marks Baughan advising (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 9, 2022

Eterna Invest-backed Zacco, a consulting and software firm within IP protection, is headed for a sale in process led by boutique investment bank Marks Baughan according to multiple sources, 2022 EBITDA expected at DKK 65-70m (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 13, 2023
Norwegian food brands group Jordanes acquires Norwegian "bake-off" chain Backstube - Process first covered by NKP in October 2022
Press Release

Headline from pre-deal coverage in M&A Insights
October 11, 2022

Founder-owned budget-conscious bake-off chain Backstube mandates investment bank to explore a majority sale, 2021 revenue of NOK 126.6m (+52% YoY) with EBITDA of NOK 19.1m (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 12, 2023
PE firm CataCap acquires Danish industrial service company NLM Vantinge - Process first covered by NKP in October 2022
Press Release

Headline from pre-deal coverage in M&A Insights
October 11, 2022

Owners of industrial services firm NLM Vantinge are exploring a sale advised by PwC corporate finance according to multiple sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 5, 2023
Update: Media confirms - Potential sale or listing of Nalka-owned healthcare product supplier Asker Healthcare, a process initially covered by NKP in mid-May 2022 (DI/NKP Proprietary)
DI

Headline from pre-deal coverage in M&A Insights
May 12, 2022

Company to watch: Asker Healthcare Group, the Nalka-backed group of Northern European medical supplies and healthcare services firms including Swedish OneMed, is expected to "open up for new external capital" after the Summer following the integration of multiple bolt-ons and a continued aggressive roll-up strategy, according to sources (NKP Proprietary)

NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights

Ready to get started?

See for yourself how PE funds and advisory firms strengthen origination capabilities and competitive visibility with M&A Insights
Request Trial
Product
HomeLog inFor ClientsFor Company OwnersM&A News
Company
AboutContact
Social
LinkedIn
© Nordic Knowledge Partners ("NKP") 2024