Update: Final bids are due on 12 June in Houlihan Lokey-guided sale of Axel Springer's Finanzen.net business - an online financial news site and retail stock trading platform - according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 16, 2024
Update: sell-side materials are out in the Houlihan Lokey guided sale of KKR-backed Axel Springer's Finanzen.net - a financial news site and retail stock trading platform (NKP Proprietary)
Teasers have been distributed in the Nordea-advised sale of Hamlet Protein acc. to multiple sources - EBITDA of DKK ~85m in 2024E (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 25, 2021
Altor and Goldman Sachs Merchant Bank mandates investment bank for upcoming sale of Hamlet Protein - a specialist manufacturer of plant-based protein additives targeted at young animals in livestock production, 2020 normalized EBITDA of DKK 30m (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)
Update: Due diligence efforts are ongoing in the SEB-advised sale process for Fredrikstad Energi, a Norwegian energy company, acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 11, 2024
The Municipality of Fredrikstad has mandated SEB to explore ownership options of its 51% stake in Norwegian energy company Fredrikstad Energi with teasers being out, according to sources - Revenues of NOK 797m with an adj. EBITDA of NOK 238m in FY23 (NKP Proprietary)
Update: Information memorandums have been distributed in EY-led sales efforts for Robotize, a Danish AMR firm - first reported by NKP on 07 September (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 7, 2022
Founder-owned Robotize, the company behind the GoPal autonomous robot, is exploring a sale advised by EY Corporate Finance according to multiple sources (NKP Proprietary)
Update: Ownership explorations for accounting automation SaaS provider Wint are reportedly "live" with ABG Sundal Collier advising on the efforts (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 10, 2024
Company to watch: Wint, a fast-growing SaaS-based accounting automation solution provider, is considering ownership options as the company enters a new growth phase - ARR of SEK ~130m as of end Q1-2024 (NKP Proprietary)
Update: Swiss investor Partners Group pulls IPO and sells German building metering technology firm Techem to the world's largest impact fund TPG Rise Climate at an EV OF EUR 6-8bn, acc. to sources (Börsen Zeitung/NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 15, 2023
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)
Update: The Rothchild-advised sales process for Perbility, a cloud-based HR software solutions provider and a Main Capital portfolio firm, is now live, acc. to sources - marketed off 2023 adjusted EBITDA of EUR 10m (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 20, 2024
Main Capital Partners is reportedly mulling a sale of its cloud-based HR software provider Perbility following two bolt-ons, advised by Rothschild and to be marketed off 2023 adj. EBITDA of around EUR 10m - acc. to sources (NKP Proprietary)
Update: Jefferies has been appointed to guide the ownership explorations for Denmark-based CDMO MBL Group, minority-backed by Baltic PE firm INVL, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2023
Global medical mobility device manufacturer MBL Group, minority-backed by Baltic PE firm INVL since 2020, may weigh ownership options in the near mid-term, acc. to multiple sources - Revenues of EUR ~100m (+12% YoY) and EBITDA of EUR 16m in FY23E (NKP Proprietary)
Update: the Baird-guided auction process for Intact, a specialized ERP SaaS provider for the certification services sector owned by IMCap since 2018, has been preempted by a financial buyer (known to NKP), according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 2, 2024
PE firm IMCap Partners explores ownership options for Intact, a specialized SaaS ERP system provider focused on audit, certification, and standards management, with IM's having been distributed - revenue of EUR 16m in FY23, acc. to sources (NKP Proprietary)
Founder-owned, Partech-backed, high-growth medical knowledge platform Amboss is working with Goldman Sachs on a potential minority sale expected to kick off later this year, acc. to sources (NKP Proprietary)
Update: Nordic M&A has been appointed to advise on the ownership explorations in Traede, a Danish ERP SaaS provider for fashion and lifestyle brands (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 5, 2023
Traede, a Danish founder-owned and well-performing ERP SaaS provider for fashion and lifestyle brands, is circled by multiple private equity funds re. a potential investment with dialogues actively ongoing - according to sources (NKP Proprietary)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
Update: DB Schenker to be sold as one unit and not split up it has been decided by Deutsche Bahn's supervisory board amid the ongoing strategy review and planned high-profile sale advised by Goldman Sachs, Morgan Stanley, and Deutsche Bank (Press release/NKP Proprietary)
Update: NBOs are due on March 27 in auction process for DB Schenker following buyer beauty parade to be held at the March 15 meeting of the Railway Supervisory Board, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 28, 2023
Update: DB Schenker to be sold as one unit and not split up it has been decided by Deutsche Bahn's supervisory board amid the ongoing strategy review and planned high-profile sale advised by Goldman Sachs, Morgan Stanley, and Deutsche Bank (Press release/NKP Proprietary)
Vaaka Partners has engaged Alantra to guide its ownership explorations for Cloudpermit, a SaaS firm specializing in building process automation, with teasers expected in Q1-2024 - annual contract value of EUR 10.5m (+30% YoY) and EBITDA of EUR 2.1m in 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 5, 2022
Vaaka Partners is in the early stages of preparing for a sale of its 2018 investment in Cloudpermit, a SaaS firm specializing in building process automation acquired as a carve-out from Solita - 2021 revenue/ARR of around EUR 6m, according to sources (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)
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)
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)
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)
.png){kind=logo}
%20(6).png){kind=logo}