Sale of Inchcape Shipping Services moves into second round with multiple bidders pursuing due diligence (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 14, 2021
Sale of Inchcape Shipping Services (ISS) in advanced stage with multiple indicative bids submitted in competitive process led by investment bank Rothschild, signing expected before the end of June/early July and interest from Nordic bidders - ISS is a UK-headquartered firm with Nordic management team (NKP Proprietary)
(Update) EY Corporate Finance mandated in ongoing sales process of SaaS CMS solutions provider Sitevision - 20/21 revenue of SEK 77.3 and EBITDA of SEK 28m
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 17, 2022
Owners of privately-held Sitevision, a SaaS CMS solutions provider, pursues majority sale with interest from multiple sponsors according to several sources, 2020/21 revenue of SEK 77.3m (+10.3% year-on-year) and EBITDA of SEK 28m, with 90% of sales driven by recurring revenue streams (NKP Proprietary)
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)
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)
(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)
Hyper-growth poster firm Mapiful preparing exit with investment bank mandated according to NKP's sources in the legal M&A community, 2019 revenue of SEK 43.3m ~ +40% YoY (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 16, 2020
Hyper-growth poster firm Mapiful preparing exit with HDR Partners mandated according to NKP's sources in the legal M&A community, 2019 revenue of SEK 43.3m ~ +40% YoY (NKP Proprietary)
Update: Teasers are out in Jefferies-led sale process of Altor and Triton-backed OptiGroup - adj. EBITDA of EUR 64m in 2020 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2021
Advised by investment bank Jefferies, Altor and Triton are preparing for a Q3-2021 exit process for OptiGroup acc. to sources - revenue of EUR 949m with adjusted EBITA of EUR 42.7m in 2020 (NKP Proprietary)
Litorina prepares for dual-track exit process for its portfolio firm since 2007, flower retailer Euroflorist following 59% year-on-year organic growth in 2020, and has mandated Carnegie for the efforts (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 19, 2021
With a pandemic-driven boom in online flower sales and a recent early redemption of bonds, Litorina is expected to push ahead with an exit of Euroflorist acc. to sources - LTM EBITDA of SEK 192m (NKP Proprietary)
Owners of 3Shape - the Danish-headquartered leading global dental scanner company - mandates Goldman Sachs to explore a minority sale during H2-2021 according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 14, 2020
3Shape could finally be heading towards an entreprenurial exit - Co-founders have stepped down as Co-CEO`s in the 31 pct. 3y CAGR dentistry technology firm (NKP analysis)
Information memorandums to be circulated during the coming weeks in EET Europarts exit process led by R. W. Baird (investment bank) and Accura (legal) (NKP Proprietary))
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 27, 2021
Update on EET Europarts - Accura engaged by FSN for an upcoming sale, FIH likely to also get involved
Owners of 3Shape - the Danish-headquartered leading global dental scanner company - mandates Goldman Sachs to explore a minority sale during H2-2021 according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 14, 2020
3Shape could finally be heading towards an entreprenurial exit - Co-founders have stepped down as Co-CEO`s in the 31 pct. 3y CAGR dentistry technology firm (NKP analysis)
IMs are out in sale of IT services firm Pinja with indicative bids due end of October in process led by Stifel Corporate Finance, process covered by NKP in March 2021, marketed at run-rate EBITDA of EUR 12m according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 16, 2021
Following 8 add-on acquisitions in three years, an investment bank has been mandated for upcoming sale of MB Funds' 2017 investment in Finnish IT services firm Pinja, 2020 revenue of EUR 50m (NKP Proprietary)
Advised by Raymond James, the exit process of Sobro-backed TrueSec picks up speed with IM's out and indicative bids due in first week of November - exp. EBITDA of SEK 80m in FY-2021 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 1, 2021
Advised by investment bank Raymond James, private equity firm Sobro is exploring exit options for its 2018 investment in Swedish cybersecurity firm TrueSec - revenue of SEK 248m (+43% YoY) with an EBITDA of SEK 59.5m in 2020 (NKP Proprietary)
Update: Owners of high-end headless guitar maker Strandberg Guitars mandates Clearwater International to pursue a sale in Q4-2021 according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 14, 2021
Privately-owned Strandberg Guitars explores ownership options acc. to sources - revenue of SEK 60m with EBITDA of SEK 21m in 2020 (NKP Proprietary)
With PwC and Accura running the process, indicative bids were submitted for Catacap's construction management firm CASA last week (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 20, 2020
CataCap's construction firm since 2016, CASA, doubles EBITDA in 2019 to DKK 166m - if sold, CataCap could more than quadruple its investment in 4 years (NKP analysis)
Owners of 3Shape - the Danish-headquartered leading global dental scanner company - mandates Goldman Sachs to explore a minority sale during H2-2021 according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 14, 2020
3Shape could finally be heading towards an entreprenurial exit - Co-founders have stepped down as Co-CEO`s in the 31 pct. 3y CAGR dentistry technology firm (NKP analysis)
Raymond James mandated for H2-2021 exit of IK-owned IT services firm Visolit according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 10, 2020
IK Investment Partners in preliminary exit preparations of IT-services firm Visolit - 2021 IPO track is likely according to sources, advisors not yet appointed (NKP Sources / Analysis)