Update: Nalka-backed Asker Healthcare Group sets sights on H1-2025 IPO after last year’s sale explorations, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 31, 2023
Update: NBOs are due today for Swedish Nalka-backed Asker Healthcare Group - Process followed since March 2023 (NKP Proprietary)
Maxburg is working with MCF Corporate Finance on an exit of GFS, a manufacturer of mechanical and electronic safety components for emergency exits, marketed off 2024E EBITDA of EUR 3.6m and teaser is out, acc. to sources (NKP Proprietary)
Vitronet Group - previously a sister company to Vitroconnect and an acquisitive infrastructure services provider within network expansion - is being prepared for a sale by DBAG which entered as majority shareholder in a 2017 MBO, according to multiple sources (NKP Proprietary)
Update: The Arma Partners-advised process for Admincontrol, a subsidiary of Hg Capital-backed Visma providing SaaS-based board portals and data rooms, is well-progressed in a narrow process, acc. to multiple sources (NKP | M&A Insights)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 31, 2024
Hg-backed Visma is preparing a possible carve out of Oslo-headquartered Admincontrol, a provider of SaaS-based board portals and data rooms, according to NKP sources - revenues of EUR 40m in FY23 (NKP Proprietary)
Update: Raymond James appointed for post-Summer sale of Bregal's portfolio firm since 2021, Actico, a process automation software provider to financial services firms (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 2, 2024
Bregal has reportedly appointed advisors for an upcoming sale of its portfolio firm Actico - a provider of process automation SaaS solutions to the financial services industry - expecting 2024 EBITDA of EUR 25m, acc. to sources (NKP Proprietary)
Update: IMs are out in the EY-advised sale of e-boks Group, with NBOs set to be collected before Christmas, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 17, 2023
Update: Teasers are out in the EY-advised sale of E-boks, with IMs to be distributed in the first half of November, acc. to multiple sources (NKP Proprietary)
Company to watch: Carelink, a private healthcare group owned by Dansk Generationsskifte, delivers revenue of DKK 1,732m with EBITDA of DKK 167m in FY22 - EY Corporate Finance engaged ahead of a planned exit process expected to kick off in H1-2024 acc. to sources (NKP Proprietary)
IMs are out and NBOs are soon to be collected in the Goldman Sachs-advised sale process for Havfram, a Norwegian vessel operator offering installation services for offshore wind turbines and foundations (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 17, 2024
Teasers are out in DNB Markets-advised process for Icon Capital-backed Abyss Group, a well-performing service vessel operator to the aquaculture and offshore energy sectors, acc. to sources - EBITDA of NOK ~140m in FY24E (NKP | M&A Insights Proprietary)
The owners of Swedish construction machinery rental company Hyreslandslaget weigh ownership options advised by Danske Bank Corporate Finance, according to sources - EBITDA of SEK 185m in 2023 (NKP | M&A Insights Proprietary)
Invalidiliitto Group is exploring ownership options for Validia, a Finnish provider of disabled care services, with CountOn Corporate Finance advising and sell-side material having been distributed, acc. to sources - sales of EUR 114m and EBITDA of 9m in 2023 (NKP Proprietary)
Update: The BofA-advised sale process for Wrist Ship Supply, a provider of ship supply services owned by Altor since 2007, has reached an advanced stage with signing expected soon, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 19, 2023
Update: Teasers have been distributed in the exit process for Altor-backed Wrist Ship Supply, BofA advising acc. to multiple sources
Binding bids have been submitted in the Goldman Sachs-advised sale process for Saxo Bank, according to multiple sources (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 17, 2024
Following the halted SPAC listing on Euronext Amsterdam in H2-2022, the owners of Saxo Bank have switched the focus towards an M&A track with pre-sounding currently commencing - Goldman Sachs advising acc. to multiple sources (NKP Proprietary/Reuters)
Update: The William Blair advised sales process of Herchenbach, a manufacturer of temporary and semi-permanent industrial and commercial structures, is entering phase II after NBO collection end of October, marketed off 2024E adjusted EBITDA of EUR 15m, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 17, 2024
Two privately-owned lightweight/semi-permanent warehouse facilities and tent providers are in the market, Eschenbach Zeltbau and Herchenbach Industrial, respectively, advised by Walter Fries and William Blair, respectively, marketed off 2024 adjusted EBITDA of EUR 5m and EUR 15m, according to multiple sources (NKP Proprietary)
Creathor Ventures-backed Zadego, the company behind the booking and property management software solution “easybooking”, explores ownership options advised by Carlsquare - marketed off an ARR of EUR 8m acc. to sources (NKP Proprietary)
Update: Nalka-backed Asker Healthcare Group sets sights on H1-2025 IPO after last year’s sale explorations, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 29, 2024
Morgan Stanley mandated for potential sale of Nalka-owned medical supplies group Asker Healthcare following February's beauty parade with a minority sale this year followed by a 2024 IPO not being ruled out either - VDD work ongoing, according to sources (NKP Proprietary)
OrderYOYO (publ.), a provider of ordering, payment, marketing software, and POS solutions to takeaway restaurants which acquired German peer "app smart", may resume P2P talks during 2025, following a Stifel-advised process over the summer of 2024, acc. to sources (NKP | M&A Insights Proprietary)
Update: The Teaser is out in the Stifel-advised (relatively narrow) sales process of Germanedge, a manufacturing operations software buy-and-build platform, backed by Alpina since 2016 - marketed off 2024E EBITDA of EUR 7m, according to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 11, 2024
Alpina Partners is soon to appoint advisors for a H2-2024 sale of Germanedge - a manufacturing operations software buy-and build platform lying within the sponsor’s 2014 vintage fund - accọrding to sources (NKP Proprietary)
Update: TCG Corporate Finance has been engaged to run the sale process of Timetoact, a portfolio firm of Equistone since 2021, marketed off 2023 adj. EBITDA of around EUR ~30m, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 22, 2024
Equistone is preparing a sale process for its IT consulting group Timetoact, marketed off 2023 adj. EBITDA of around EUR ~30m, acc. to sources (NKP Proprietary)
Family-owned medtech firm Biotronik appoints Goldman Sachs for a potential sale of their Vascular intervention (stent) business with EUR 55-60m in adjusted EBITDA, with the contemplations still in early days, according to multiple sources (NKP Proprietary)
BASF has reportedly mandated J.P. Morgan and BofA for a H2-2025 sale of its automotive-exposed Coatings business, amid strategic review and the more imminent sale of the business unit's Brazilian decorative paints sub-division, acc. to multiple sources (NKP | M&A Insights Proprietary)
The owners of Sweden-based point-of-sales (POS) and payment solutions provider Yabie explore ownership options, with early-stage discussions having commenced with prospective suitors (NKP Proprietary)
Update: NBOs were submitted on 14 Dec in the UBS-advised sale of VC-backed air passenger claims management app AirHelp, drawing strong interest, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 7, 2023
VC-backed AirHelp, a Berlin-headquartered provider of tech-enabled flight compensation services, is being prepared for a sale advised by UBS, acc. to sources - run-rate annualised revenues of EUR 74m (+106% YoY) and annualised EBITDA of EUR ~10m (NKP Proprietary)
Update: Current status of Carlsquare guided sale of Implico, a BPE portfolio firm since 2018 supplying SAP-based ERP software solutions to the oil- and gas sector, may relaunch in H1-2025 acc. to sources (NKP | M&A Insights proprietary)
Update: William Blair has been mandated to advise on the upcoming exit process for Checkmk, a “DevOps” and “ITOps” software provider, expecting 2024E ARR of EUR 30m (+33% YoY) and EBITDA of EUR 7m, acc. to sources (NKP | M&A Insights Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
December 4, 2024
Company to watch: The founder of Checkmk, a “DevOps” and “ITOps” software provider, is reportedly planning to explore potential ownership options, amid 2023 ARR of EUR 22m (+33% YoY) and EBITDA of EUR 5m, acc. to sources (NKP | M&A Insights Proprietary)
Update: Bahrain-based Investcorp’s sale process of product content management software Contentserv, led by Raymond James, is advancing to the next phase, with bids collected this week, intending to wrap-up the process this side of the year, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 6, 2024
Bahrain-based Investcorp has reportedly engaged investment bank Raymond James to explore a sale of German product content management software firm Contentserv later this year - currently performing at an ARR of ~EUR 30m with profitability according to some sources (NKP Proprietary)
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