Update: the sale of Stockholm-headquartered private education provider Elevera Education is in an advanced stage with negotiations ongoing following indicative bids towards the end of last year - initially covered by NKP on 10 November 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 10, 2022
Stockholm-headquartered private education provider Elevera Education Group is reportedly exploring a majority sale advised by Clearwater International Sweden based on 2022E EBITDA of SEK 75m (NKP Proprietary)
Update: Multiple banks recently pitched for the mandate to sell Triton's portfolio firm since 2014, Flokk Furniture, which reportedly delivered 2021 revenue of more than NOK 3,000m and EBITA of plus NOK 600m - opportunity first covered by NKP in March 2021 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 11, 2020
As home offices are booming, Triton could cash in NOK 9 billion or a 4-5x MBM after 6 years as majority owner at Flokk, NKP sources indicate buy-side advisors are actively engaged (NKP Proprietary)
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)
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)
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)
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)
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)
Update: Alantra mandated for upcoming Skamol exit process, 2021 adjusted EBITDA close to DKK 100m (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
March 11, 2021
Proving resilience during lock-down and with strong growth momentum in APAC, a 2022 exit of FSN's next-gen insulation firm Skamol seems likely, acc. to sources. 2021 expected EBITDA of c. DKK 90m (NKP Proprietary)
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)
Update: IMs are out in Goldman-advised sale of Oona Health, both strategics and sponsors are lining up according to multiple sources - first covered by NKP 10 October (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 10, 2022
Dansk Sundhedssikring/Oona Health - a portfolio firm of AnaCap since 2019 - is being prepared for a sale according to multiple sources as the health insurance broker gone insurance firm expects 2022 premium income of DKK ~600m and EBT of DKK ~80m (NKP Proprietary)
Update: Deutsche Bank advised sale of treasure and cash management software firm Nomentia has progressed to second round with final bids due Mid March (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 9, 2022
Company to watch: Cash and treasury management software firm Nomentia, majority owned by Providence Strategic Growth since 2020, is reportedly being prepared for a potential sale in H1-2023 according to multiple sources, Deutsche Bank advising (NKP Proprietary)
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)