Update: the sale of Devico, a leading supplier of surveying and directional drilling equipment for the global precious metals mining industries, has moved to second phase with due diligence ongoing - first covered by NKP on 07 Sep 2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 7, 2022
Salvesen & Thams-backed (20.6%) Devico, a surveying and directional drilling equipment maker for the global onshore mining industries, is being readied for a sale with investment bank mandated - 2021 revenue of NOK 376m and EBITDA of NOK 181.1m, according to multiple sources (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)
Nordea-led sale of Indoor Group on hold with continued uncertainty regarding timing (NKP Proprietrary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
September 8, 2021
Sievi Capital appoints investment bank for the upcoming sale of its portfolio firm since 2017, omnichannel furniture and interior decor retailer Indoor Group acc. to sources - expected 2021 revenue of EUR 193m Pro-forma EBITDA of EUR 32.8m in 2021 (NKP Proprietary)
With NBOs having been submitted in week 41, the sale process for Kimbrer Computer is progressing into the second phase, Deloitte Corporate Finance advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
October 6, 2022
Kimbrer Computer, an international distributor of refurbished IT and network hardware, is pursuing a majority sale with information memorandums out according to multiple sources (NKP Proprietary)
Update: Final bids in J.P. Morgan-led sale process for Nature Energy are due in the second half of November with multiple financial sponsors and strategic players actively pursuing the asset acc. to several sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 4, 2022
Pioneer Point Partners preparing for a H2-2022 majority sale of Nature Energy, the largest Danish biogas producer, with significant interest from global infrastructure funds, J.P Morgan and Kromann Reumert advising according to multiple sources (NKP Proprietary)
Update: NBOs for First Sentier Investors-owned Forsea - the Helsingborg/Helsingor ferry operator - are due in week 43/end of October according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 23, 2022
European infrastructure fund First Sentier Investors preparing sale of ferry operator, ForSea, as performance is nearing pre-Covid numbers - 2020 revenue of SEK 944.8m with EBITDA of SEK 170m - investment bank mandated to kick-off process in Q3 (NKP Proprietary)
Update: NBOs for First Sentier Investors-owned Forsea - the Helsingborg/Helsingor ferry operator - are due in week 43/end of October according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
May 23, 2022
European infrastructure fund First Sentier Investors preparing sale of ferry operator, ForSea, as performance is nearing pre-Covid numbers - 2020 revenue of SEK 944.8m with EBITDA of SEK 170m - investment bank mandated to kick-off process in Q3 (NKP Proprietary)
Indicative bids due on Jan 27 in PwC Corporate Finance led sales process of state-owned GIS-company Metria, several sponsors showing interest according to sources, management presentations currently ongoing (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 5, 2022
The Swedish Government mandates PwC Corporate Finance to explore a sale of state-owned Metria, a specialist within geographical information services and software ("GIS") following an unsuccessful exit attempt in 2017 - marketed at 2021 EBITDA of EUR 4m according to multiple sources (NKP Proprietary)
Update: The minority stake sale of Danish European Energy Group moves into the second round with multiple bidders acc. to sources, FIH Partners advising as first uncovered by NKP on 08.04.2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2022
European Energy Group, a privately owned developer and asset manager within renewable energy, is preparing for a minority stake sale advised by FIH Partners, 2021 EBITDA of EUR 81.2m based on revenues of EUR 328.7m (+59% year-on-year) according to sources (NKP Proprietary)