References
Financial advisor to Omniveta on the sale to Multitude
The Deal
Multitude, a listed European FinTech company, has agreed to acquire Omniveta, through their business unit, CapitalBox. Omniveta is an invoice purchasing company founded in 2012 dedicated to improving lending liquidity for SMEs across Denmark. With this acquisition, CapitalBox is further expanding its market position in the area of business loans, reinforcing Multitude’s SME banking segment.
Insight
Omniveta will assume the name CapitalBox moving forward, and the team will be integrated into CapitalBox’s Danish division. This acquisition will add invoice purchasing to CapitalBox’s offering for SMEs in Denmark and an opportunity to extend the product across all the markets that CapitalBox currently serves. “We are delighted that Omniveta will be part of Multitude going forward. With the acquisition of Omniveta, we are not only strengthening CapitalBox’s position in the European market, we are also reaffirming our ambition to become the leading provider of non-bank loans in Europe,” says Jorma Jokela, CEO of Multitude. “Omniveta is the perfect add-on to our existing product offering. By combining CapitalBox and Omniveta, we are consistently expanding our business model and our added value. We will be able to make Omniveta’s expertise available not only in the Danish market, but to all our customers across Europe,” says Lasse Mäkelä, Chief Strategy and IR Officer of Multitude.
Financial advisor to H.P. Entreprenørmaskiner on the sale to Semler Gruppen
The Deal
The largest player on Denmark’s automotive market in Denmark and a reliable agriculture partner, Semler Gruppen, has entered into an agreement to acquire H.P. Entreprenørmaskiner, a leading construction machinery solutions provider in Denmark, Greenland and the Faroe Islands. Since its inception in 1981, H.P. Entreprenørmaskiner has become a leading importer of construction machinery and equipment from the world’s top manufacturers, including Hitachi Construction Machinery. The company is headquartered in Bjæverskov just southwest of the Capital Region of Denmark.
Insight
According to Semler Gruppen’s CEO, Ulrik Drejsig, the ambition is to strengthen and diversify the company’s portfolio and enter the attractive market for the sale of construction machinery: “H.P. Entreprenørmaskiner is a strong and well-run business with deep expertise in construction machinery. The acquisition provides us with an optimal foundation to establish ourselves in the industry and, through our skills and size, deliver even better service to our customers,” says Ulrik Drejsig. Hans Peter Pedersen, CEO and founder of H.P. Entreprenørmaskiner says: “It holds significance who carries forward one’s business after over 40 years, and the Semler Group is unquestionably the ideal candidate to elevate the business to the next level. Entrusting the company to them ensures future resilience, grounded in shared values and a vision for developing the business.”
Financial advisor to Scope Investment in the merger with Artha
The deal
The leading Danish asset manager Artha is merging with Scope Investment, creating a combined asset management company with a total of DKK 24 billion in AUM
Insight
Artha has DKK 18 billion in AUM, while Scope Investment has over DKK 6 billion under management. Thus, the total group will have approximately DKK 24 billion in AUM. The new group is intended to operate as a Multi-Family Office. The daily management will be comprised of Jan Severin Sølbæk and Brian Kudsk, both of whom are managing directors and partners at Artha. Jonas Melchior, who founded Scope Investment in 2016, joins as an equal member of the executive board
Financial advisor to Conecto on the sale to Danoffice IT backed by Agilitas PE
The Deal
The Danish – based IT provider Danoffice IT has entered into an agreement to acquire Conecto A/S a leading Danish IT company specializing in IT services. Since its inception, Conecto has provided critical IT solutions to both large and small businesses as well as public organizations and institutions. The company is headquartered in Søborg and is one of the five Danish Citrix Platinum partners.
Insight
“To become a part of Danoffice IT will enhance the potential for Conecto,” says Tobias Nawrocki, CEO of Conecto. “By combining our strengths, we expand the strategic opportunities to great value for our customers, granting them access to a provider with an ev en broader range of expertise and capabilities. The Conecto family will benefit from being part of an organization with the same DNA and fantastic growth prospects. We are extremely excited about our new joint venture.” “There are evident synergies betwee n Conecto and Danoffice IT, and together, they will be able to create even stronger opportunities for customers in the market, both in Denmark and abroad,” says David Hald, co – founder and chairman of Conecto. “Danoffice IT is the ideal partner to further a ccelerate Conecto’s strategic journey. I am very enthusiastic about this new partnership on behalf of our company, employees, and customers.”
Financial advisor to Amayse on the sale to Lifco
The Deal
Amayse is the leading global supplier of 3D advertising for televised sports events and stadium branding solutions . They are the originator of 3D signage and the world’s largest provider of 3D CamCarpets and 3D painted signs at sports events across the glob e
Insight
Amayse is headquartered in Denmark with offices in London and South Africa. Their impressive customer portfolio consists of FC Barcelona, Bayern Munich, UEFA, Chelsea among others.
Financial advisor to John Jensen VVS on the sale to InstallatørGruppen backed by FSN Capital
Financial advisor to John Jensen VVS on the sale to InstallatørGruppen backed by FSN Capital
Financial advisor to Accuranker on the sale to VækstPartner Kapital
The Deal
Nordic M&A was the exclusive financial advisor to AccuRanker on the majority sale to VækstPartner Kapital . We ran a competitive process and VækstPartner Kapital stood out as the best partner for Accuranker and the founder Henrik Jørgensen to build a strong foundation for the continued growth ahead.
Insight
AccuRanker is the leading Search Engine Ranking Page (SERP) for SEO professionals. The growth journey of AccuRanker has accelerated in recent years with the addition of several large logos to the customer portfolio and continuous growth in Annual Recurring Revenue (ARR). This was mainly the result of 3 years of development work to build a tr ue enterprise product. With a strong product , the founder Henrik Jørgensen wanted to find a partner to help realize the potential of AccuRanker. VækstPartner Kapital was the solution. VækstPartner Kapital is a private equity fund with a focus on Danish B2B growth companies and a good track record working with B2B SaaS companies. As co – owners, they are extraordinarily active contributors to the execution of strategic initiatives and value creation based on deep operational experience in their team.
Financial advisor to the owners of GoLearn on the sale to Eduhouse backed by Verdane
The Deal
Nordic M&A advised the Danish content – based corporate E – learning platform GoLearn.dk on the sale to Eduhouse Oy, the Verdane – backed corporate learning tech company, to cement its Nordic champion position. GoLearn.dk is a powerful content – based corporate E – learning platform, offering a wide range of online corporate courses targeted at the Danish business community. The company taps into the rapidly growing EdTech space w ith the ambition to make competence development exciting and easily accessible through value – added content from subject experts and best – in – class production setup.
Insight
“The potential and demand for corporate learning increases rapidly and we are happy to be part of Eduhouse’s growth journey. The management and board of Eduhouse have been focused on finding the perfect M&A match in line with the strategy to solidify the group’s position as a clear Nordic market leader, and with GoLearn we found that and more”, says Iikka Moilanen, Principal at Verdane. “This is a great opportunity for both our customers and our company to join Eduhouse and seek new growth. Our way of working and vision of the future of corporate – learning match well. Together we will offe r Nordic’s best competence development education to tackle the increasing demand of lifelong learning”, says Tue Lindblad, Co – Founder of GoLearn.dk.
Financial advisor to Nørrebro Bryghus on the sale to Royal Unibrew
The Deal
Royal Unibrew A/S, a multinational beverage company has acquired Nørrebro Bryghus, a leading Danish microbrewery located in Copenhagen. Nørrebro Bryghus is a leading Danish microbrewery located in Copenhagen, Denmark. Founded in 2003, it is one of the pioneers of the Danish craft beer movement. The brewery is known for its innovative and unique beer styles, high quality, sustainable brewing methods and lo cally sourced ingredients.
Insight
Nørrebro Bryghus offers a wide range of beers, including IPAs, stouts, pilsners, and sours. Nørrebro Bryghus distributes its certified organic beers to restaurants and stores from its brewery in Hedehusene and direct – to – consumer through its webshop, the Nørrebro Bryghus brewpub and the Reffen container brewery. Royal Unibrew is a multi – beverage company with local brand portfolios in the Nordic region, the Baltic countries, Italy, and France. Royal Unibrew has a broad po rtfolio within a wide range of categories, including beer, malt beverages, soft drinks, energy drinks, cider/RTD, juice, water, wine, and spirits. In addition to own brands, Royal Unibrew offers license – based international brands from PepsiCo and Heineken in Northern Europe. Royal Unibrew realised net revenue of DKK 8.7 billion and EBIT of 1.7 billion in 2021 .
Financial advisor to PLX AI on the sale to Thomson Reuters
The Deal
PLX AI is the world’s fastest real time financial news service powered by artificial intelligence and machine learning. The platform delivers breaking financial news and insight that moves stock prices — including surprise earnings, outlook changes, mergers and acquisitions, important orders or management decisions — from 1,500 companies across the U.S. and Europe, using natural language processing engines. Following the transaction PLX AI is integrated into Reuters News.
Insight
Thomson Reuters acquired PLX A I as part of their commitment to deliver the fastest, most reliable financial news service to clients globally. The acquisition supports Reuters’ financial text reporting and track record in speed wins. In addition, Thomson Reuters can scale or extend PLX AI’s technology into other fields to enhance the newsroom and support journalists.
Financial advisor to RiskPoint on the minority investment from Nordic Capital
The Deal
RiskPoint Group is a global independent specialty insurance Managing General Underwriter (“MGU”) based in Copenhagen with offices in Stockholm, Oslo, Helsinki, Amsterdam, Frankfurt, Zurich, Madrid, London and New York. The Group offers a wide range of traditional a nd niche insurance solutions within the areas of Mergers & Acquisitions, Renewable Energy, Liabilities including Financial Lines and Cyber, Off – Shore Upstream, Property & Construction and Accident & Health . As one of the leading and most experienced Financ ial Services investors with deep understanding of the sector and an ability to accelerate organic and acquisitive growth, Nordic Capital will support RiskPoint’s continued growth journey in close partnership with the management team.
Insight
RiskPoint gr oup was founded in 2007 and has since then enjoyed successful and profitable growth in Europe and the U.S., focusing on providing leading underwriting, claims and operational capabilities. RiskPoint Group has built a unique global team of over 150 employee s with a strong commercial mindset and best in class service. The ability to enable the execution of strategic long – term goals while retaining the Group’s independence and partnership – controlled business model, was paramount to RiskPoint when finding the r ight investor. Likewise, the alignment of values and culture between RiskPoint and Nordic Capital were key drivers in the decision – making process.
Financial advisor to the owners of Dansk Tandforsikring and Global Dental Insurance on the majority sale to Gjensidige
The Deal
Dansk Tandforsikring insurance group, founded in 2010, is the leading dental insurer in Denmark with presence across Scandinavia. The transaction comprises insurance and service provider Dansk Tandforsikring Administration ApS (MGA) and the fully licenced insurance company Gl obal Dental Insurance A/S.
Insight
Gjensidige Forsikring ASA is a Norwegian insurance company listed on the Oslo Stock Exchange with 3,800 employees and operating income of NOK 30 billion in 2021.
Financial advisor to Further (ES) on the investment from AnaCap Financial Partners (UK)
The Deal
Further Underwriting International (“Further”) is a leading digitally enabled global niche healthcare insurance and services solutions provider. Founded in 2012 and headquartered in Madrid, Further has successfully established itself as a leading, high gro wth company in its specialty area, with business in over 30 countries through partnerships with more than 300 insurers and employer groups.
Insight
AnaCap Financial Partners is a leading specialist mid – market private equity investor in technology enabled financial services and based in London.
Financial advisor to Gehl Architechts on the sale to kyu Collective
The deal
Kyu has acquired shares in Gehl Architects Holding ApS, an urban strategy and design consulting firm headquartered in Copenhagen, Denmark. Kyu is a strategic operating unit of Hakuhodo DY Holdings Inc. Gehl is an urban strategy and research consultancy offering expertise in the fields of architecture, urban design, landscape architecture, and urban planning. It provides consultation from overall urban planning strategy building to the construction process in general.
Insight
Gehl’s people-centered design philosophy and passion for sustainable urban development are closely aligned with kyu’s purpose—to be a source of creativity which propels the economy and society forward—and the company has already worked with kyu companies such as ATÖLYE, IDEO and SYPartners. Gehl joining the Group enhances not only of kyu’s, but the entire Hakuhodo DY Group’s ability to provide value.
Financial advisor to mySupply on the sale to Visma
The deal
Visma has acquired mySupply. The acquisition strengthens Visma’s ownership and position within the digital infrastructure and invoice and document management in the Danish market. MySupply was founded in 2000 and is located in Aabybro near Aalborg. Their client list includes several regional bodies, state agencies, and large private companies.
Insight
With the acquisition of mySupply, Visma adds one of the country’s leading suppliers of solutions for electronic commerce and system integrations to its growing family. Visma brings development processes and digital solutions to the table that complements mySupply’s solid foundation.
Financial advisor to the owners of ARAS Security on the sale to Lagercrantz Group
The deal
ARAS Security is a Danish security solutions company and system developer, specializing in combined alarm and access control systems, smart buildings, and digitization. The company’s solutions are based on the open and modular security system NOX, for which ARAS Security has exclusivity in the Nordics. With main operations in Denmark, ARAS Security has established a local leadership position and are gaining strong traction in Sweden. The acquisition of ARAS Security strengthens Lagercrantz’ leadership position within the security sector as a strong addition to its TecSec division.
Insight
The successful journey of ARAS Security is based on its modern approach to corporate security solutions. With the NOX security system as a base, ARAS can combine the latest technology, which gives customers free choice of card readers, biometrics readers, detectors, and the opportunity for customized applications. Through innovative integrations with the customer’s other operations, ARAS Security provides efficient security solutions tailored to each customer’s unique needs. The partnership with Lagercrantz provides a strong foundation for the future development of ARAS Security and its Nordic expansion plan.
Financial advisor to the owners of People Test Systems on the sale to Assessio backed by Main Capital
The deal
Main Capital Partners (“Main”), Europe’s leading software investor, backed the company in 2019 with the goal for Assessio to become the market leader in Europe for HR-technology and digital recruitment services. After completion of its second add- on acquisition in the Netherlands in October, the Assessio Group (“Assessio”) is now further expanding in the Nordic region with the acquisition of Danish e-assessment company, People Test Systems (“PTS”). “In recent years, we have grown significantly and are today so strong in the market that it is time to become part of something bigger and more international. Our customers will continue to be able to enjoy our high quality and extensive service offering but we can now give them greater access to a broader range of products and additional expertise.” – Torben Tolstøj, CEO and majority shareholder at PTS.
Insight
The addition of PTS further strengthens Assessio’s “zero talent waste” philosophy, which aims to allow organisations to recruit more inclusively through the use of data and modern work psychology. This is an extremely important factor, according to Pär Cederholm, as the Assessio Group aims to change outdated recruitment processes in all of its current geographies.
Financial advisor to NTR Holding (listed on Nasdaq Copenhagen) on the sale of Daniamant to Ernströmgruppen
The Deal
Daniamant specializes in products that contribute to safety at sea. The company operates with sales on a global market from two production sites in Denmark and UK respectively. Their product range consists of three product groups: Survivor Locator Lights, Bridge and Voyage Alarms, Salinity and Oil – in – Water Sensors. The acquisition of Daniamant strengthens Ernströmgruppen’s portfolio of martime safety companies.
Insight
As a long – standing global market leader within survivor location lights, Daniamant is well – posit ioned to capture additional value with the support from Ernströmgruppen through further penetration of the maritime safety market based on innovative and top – quality products. The new partnership with a larger player will drive additional growth through the capitalization of Danimant’s strong company platform and valuable relations with global segment – leading customers . The acquisition will further strengthen Ernströmgruppen’s position in the marine safety market and provide a solid base for further expansion within the space.
Financial advisor to the owners of Fischer Medical on the sale to AddLife
The Deal
Fischer Medical is a Danish company specialized in advanced surgery representing well – recognized suppliers from all over the world. The company has a leading market position in Denmark regarding medical instruments and implants for elective orthopedic surgery and non – invasive gynecology with long – lasting customer relationships to all leading hospitals and clinics.
Insight
AddLife is an independent and public listed European player in Life Science that offers high – quality products, services and consulting to both the private and public sectors. AddLife has about 1,800 employees in around 70 operating subsidiaries, which operate under their own brands with approximately SEK 7 billion in annual sales . With the acquisition of Fischer Medical , Addlife strengthens their presence within advanced surgery in the Nordics and opens up opportunities for co – operation with our other companies in Europe active in the same market segment. Since the beginning of the Covid – 19 pandemic, elective surgeries hav e been postponed which has created large backlogs in many countries. The refocusing within the Health care sector from covid – related treatments to elective surgery is indicating an increased demand for the offering from Fischer Medical in the years to come .
Financial advisor to Nordic I&P on the acquisition of Alm. Brand Liv og Pension
The Deal
Alm. Brand has today entered into a conditional agreement with Nordic I&P to sell Alm. Brand Liv og Pension at a price of DKK 1,100 million. With the acquisition of Alm. Brand Liv og Pension, Nordic I&P going forward will be able to also offer pension schemes to new customers. In connection with the transaction, Alm. Brand Forsikring has entered into a distribution agreement with Nordic I&P on the sale of pension schemes. Alm. Brand Liv og Pension is one of the market’s most well – run life insurance and pension companies with stable, high earnings and return on equity. Alm. Brand Liv og Pension had total pension assets of DKK 16.9 billion at 31 December 2020 and reported a pre – tax prof it of DKK 135 million.
Insight
The owners of Nordic I&P are also in the process of acquiring Norli Pension Livsforsikring A/S, a Danish pension company specialising in handling traditional, average – rate pension agreements. To date, Norli Pension Livsforsik ring A/S has not sold new pension schemes. Based on Alm. Brand Liv og Pension’s market position and experience in selling average – rate pension products, the buyer will in future pursue a strategy which, in addition to consolidating portfolios, will also co ver new sales of the traditional pension product. At 31 December 2020, Norli Pension Livsforsikring A/S had total pension assets of DKK 4.5 billion, and the company reported a pre – tax profit of DKK 22 million for 2020.
Financial advisor to the owners of Mindworking on the sale to Reapit backed by Accel-KKR
The Deal
Mindworking was founded on the promise to provide real estate agents with the most powerful marketing system to help them grow their business and value proposition towards the end customer. Since its establishment in 2003, Mindworking has invested heavily in developing a state – of – the – art SaaS platform and is today the category leader in Denmark, with a full SaaS – based real estate agent software platform and with more than 75% of the largest estate agent chains in Denmark as customers. Mindworking has continuously expanded its product offering and the underlying total addressable market by adding new functionality and features. Today Mindworking offers a one – stop product suite to handle all daily agency operations from new customer leads to final sales. The system functions as the backbone of all agencies, handling everything from new leads, customer communication, document handling, websites, property valuation, and the functionality to create all necessary marketing material ready for d istribution on all leading and relevant platforms.
Insight
Reapit, an Estate Agency Business Platform provider, delivers software solutions to 65,000 users in 5,200+ offices and supports in excess of 225,000 tenancies across the UK and Australia. Backed b y Accel – KKR, a global leading technology – focused investment firm with $10 billion in capital commitments, this acquisition comes as part of Reapit’s ambitious global expansion programme and provides Reapit with a firm foothold in Northern Europe.
Financial advisor to the owners of EAST on the sale to Accent Equity
The Deal
EAST is an industry leader in providing fashion houses with various garment sourcing and design services with c 190 employees located in Denmark, Germany, Spain and China. EAST has initiated a European expansion plan and aims to accelerate new market entries supported by Accent Equity, a Swedish private equity firm that focuses on investing in Nordic companies where a new partner can serve as a catalyst.
Insight
EAST’s recent success and significant market share gain is based on the combination of Danish – inspired design and local operations in China with a strong network of local suppliers. Through long – standing relations with large prominent fashion houses, EAST consistently provides fast – paced and high – quality sourcing, design and logistics se rvices to the group’s customers across Europe. Key customers include Bestseller, El Corte Ingles, s.Oliver, Bon Prix, IB Company and About You. EAST was previously owned by the management group, key employees and external investors, including CEO and co – founder Poul Skovgaard. Current active owners and the management team will reinvest and continue to develop the group in close cooperation with Accent Equity. The partnership with Accent Equity will strengthen EAST in its recently initiated European expa nsion plan and will also accelerate new market entries as part of the group’s further growth journey.
Financial advisor to the owners of Poul Johansen Maskiner on the sale to Bila Group
The Deal
PJM is a leading developer, designer and manufacturer of advanced industrial automation solutions with more than 100 employees and attractive global customers within medico and industrial manufacturing. The acquisition of PJM strengthens BILA’s Scandinavian leadership within industrial automation and robotics and provides a strong platform for further growth through improved competitiveness on the international scene.
Insight
The successful development of PJM is based on its profound knowledge a nd extensive experience in the field of automation processes, enabling PJM to deliver innovative, co – developed machine platform solutions as a preferred partner to a highly attractive portfolio of loyal customers. Key customers include Lego, Novo Nordisk, Coloplast , Convatec, Danfoss and Grundfos. The previous owner, Poul Johansen Foundation, which will retain a minority stake in PJM, welcomes BILA as a great match to further strengthen business activities while ensuring that the founder Poul Johansen’s he ritage endures. The partnership with BILA provides strategic strength to excel in the growing industrial automation market and to accommodate current trends among new and future customers that are setting their sights on rapid transitions and increasingl y streamlined production processes.
Financial advisor to Ejendomsvirke on the sale to PHM Group backed by Norvestor
The Deal
Ejendomsvirke is a nationwide Danish property management company , servicing more than 350 properties through offering core competencies within property management and various value – adding services within property administration and property maintenance. As part of a broader consolidation in the Nordics, PHM Group expands into Denmark with the acquisition of Ejend omsvirke as a first step towards continued growth in the Danish market.
Insight
Through a customer – driven approach with relentless focus on quality, Ejendomsvirke has created a well – known brand name through a long history in the Danish property management market. T hrough support from Nordic property maintenance specialist PHM Group , Ejendomsvirke is ready to accelerate growth by capitalizing on the leading position in Denmark and strong company platform, including its highly experienced management team, unique employee dedication and up – to – date digital solutions. PHM Group has around 3,000 property maintenance professionals and operations in 30 cities in Finland, 10 cities in Sweden and two cities in Norway.
Financial advisor to EG on the sale of IT Minds to Visma
The Deal
Visma Custom Solutions expands its offering in the Danish market by acquiring IT Minds, a company that specialises in developing young IT talents. IT Minds specialises in recruiting talented IT students and graduates and developing their talents to become some of the best IT consultants in the market. This has earned them the position as one of the most favoured employers among Danish IT students. IT Minds has been part of IT service provider EG’s portfolio for the past seven years.
Insight
IT Mi nds develops IT projects and innovative IT solutions for half of Denmark’s C25 companies, start – ups and the public sector in Denmark. At the same time, it develops IT talents and specialise in recruiting ambitious IT talents at the beginning of their caree rs. Visma offers software and services that simplify and digitalise core business processes in the private and public sectors. The Visma group operates across the entire Nordic region along with Benelux, Central and Eastern Europe. With more than 12,000 em ployees, over 1,000,000 customers and net revenue of €1.7 billion in 2020, Visma is one of Europe’s leading software companies.
Financial advisor to Nordic Bioscience on the minority investment from KKR
The Deal
Nordic Bioscience has established a position as the world’s most experienced company within the extracellular matrix (ECM) through more than 25 years of dedicated research and development. The ECM is the non – cellular component of all tissues and organs and can be analyzed to identify new drug candidates in more than 50 disease areas, diagnose patients and evaluate the effect of existing drugs and drug candidates. Nordic Bioscience owns more than 150 patents and has published over 500 scientific papers in le ading scientific journals. The company has entered into partnerships with the world’s largest pharma companies to develop new drugs in four major disease areas (fibrosis, oncology, diabetes and cardiovascular) and has collaborations with leading diagnostic companies for the use of Nordic Bioscience’s biomarkers for diagnostic purposes. In addition, Nordic Bioscience services a growing international customer base of pharma, biotech and CROs with preclinical and clinical data analysis from its certified labor atory.
Insight
KKR is a leading global investment firm deeply committed to responsible investment, with a dedicated focus on health care growth and on partnering with leading companies and management teams to build and grow great businesses.
Financial advisor to Cybot on the sale to Full In Partners
The Deal
Cybot has developed the world’s leading consent management platform, Cookiebot , a fully automated, SaaS – based and built around website scanner that detects all cookies and similar website trackers on more than 350,000 websites globally with more than 10 billion user consents under management. Cookiebot is a plug – and – play consent m anagement platform that gives the website owners the ability to easily comply with current privacy regulation such as GDPR, ePR, CCPA, LGPD, etc. The solution automatically scans websites for all cookies and similar trackers and controlling these until the consent has been given by the website user.
Insight
Since the enforcement of GDPR on 25 May 2018, Cybot has grown significantly and reached more than 350,000 websites in more than 90 countries in less than two years, with yearly revenue growth rates abov e 100%. Cybot is located in Denmark, with an employee base of 45 individuals. Full In Partners is a USDm 200 growth equity firm that focuses primarily on software, mobile and online marketplace investments. Full In Partners evaluates companies globally, w ith particular focus on the US, European and Israeli markets and invests in companies with demonstrated product – market fit and rapid growth trajectory. Full In Partners has identified Cybot as a global market leader within consent management platforms with superior technology and are excited to assist them on their further journey to create the truly global leading e – privacy powerhouse.
Financial advisor to the owners of Nordic Bioscience on the sale of Sanos Group to Investcorp
The Deal
Sanos is a global Contract Research Organization (“CRO”) specialized in osteoarthritis. Sanos is full – service CRO providing value – added services to pharma, biotech and research organizations to help plan and conduct clinical trials, a critical part in the development of new drugs and treatments. Sanos Group consists of a CRO specialized in osteoar thritis (“OA”) and a Site Management Organization (“SMO”) with a broader indication range focusing on lifestyle and age – related diseases. Sanos has built a worldwide reputation for its scientific expertise in osteoarthritis, its ability to recruit patients efficiently and a track record of executing safe and efficient clinical trials. The Sanos Group management will remain shareholders by investing alongside Investcorp.
Insight
In addition to the world – leading CRO business, Sanos Group consists of four sta te – of – the – art clinical research sites, including a brand – new phase I unit opened in Q4 2020. The Group is headquartered in Herlev (Copenhagen) with additional clinics located in Gandrup and Vejle, Denmark. In 2020 the company had a net turnover of DKK 149 m with an EBITDA of DKK 61 m. Investcorp has an established history of investing in the healthcare sector globally. The acquisition of Sanos is Investcorp’s 11th investment in the healthcare sector and its third in Europe.
Financial advisor to VIA equity on its sale of EnviDan to Waterland Private Equity
The Deal
EnviDan is a leading company within consultancy and solutions to the water and wastewater sector, with a strong position and unique competences within the water cycle – also in a European perspective. EnviDan has created high growth and revenue, and the company has, with its more than 260 specialised employees in Denmark, Norway and Sweden, established a strong Nordic platform and a solid basis for further growth. The EnviDan management group will remain shar eholders by investing alongside Waterland Private Equity.
Insight
EnviDan delivers holistic solutions within water, wastewater, energy and environment, as well as financial consultancy combined with a broad suite of software solutions for the Danish, Norw egian and Swedish utilities sectors. EnviDan has offices in Silkeborg (HQ), Aarhus, Aalborg, Kastrup, Lyngby, Oslo, Åndalsnes, Gothenburg, Helsingborg and Malmö. In 2019/20 the company had a net turnover of DKK 271 m with an EBITDA of DKK 39.8 m. Waterlan d Private Equity is a leading European private equity firm, which has made investments in more than 600 companies. In 2020, Waterland was awarded the prize as Pan – European Private Equity House of the Year at the Real Deals Private Equity Awards. VIA equity is a leading northern European multi – stage private equity firm with a successful history of building and transforming companies into leading national and international actors
Financial advisor to the founders of Siteimprove on the sale to Nordic Capital
The Deal
Since Siteimprove was established in 2003 it has been on an international growth journey leading up to a minority share sale to the American Private Equity firm Summit Partners in 2015, where Nordic M&A was exclusive financial advisors to Siteimprove. Today, Siteimprove has 550 employees in 15 countries and over 7,200 customers globally reaching recurring revenues of above USD 81.6 million (2019 figures). Siteimprove has significant long – term growth potential, driven by increasing market penetration, expansion in key customer segments, and opportunity – generating past investments in product development and platform solutions. Nordic Capital will support Siteimprove’s further development and international expansion by investing in the organi sation and product offering, accelerating its growth as a strong and sustainable company. Morten Ebbesen will continue as significant minority shareholder in the Company and remain as CEO. Growth equity investor Summit Partners, the company’s current min ority shareholder, will divest its holding upon completion of the transaction.
Financial advisor to TripleCut on the sale to Private Investors
Financial advisor to TripleCut on the sale to Private Investors
Financial advisor to Arkas on the sale to Lynx Equity Limited
Financial advisor to Arkas on the sale to Lynx Equity Limited
Financial advisor to Malmos on the sale to idverde
The Deal
Malmos (DK) is a leading landscaping company on the Danish market with c 100 employees and an annual revenue of more than 200 DKKm. With this transaction, Malmos becomes part of the largest European provider of ground maintenance services and landscape construction projects, idverde (FR). idverde has an annual turnover of 5,200 DKKm and 7,000 employees operating throughout France, the UK and the Netherlands.
Insight
The success of Malmos is built on a foundation of more than 60 years of expertise within complex landscaping. Through long – standing relations and references on large – scale landscaping projects in Denmark, Malmos completes more than 350 landscaping proj ects annually for corporate clients and contractors. Previous projects include Amager Bakke (Copenhill), Tivoli Congress Center and Carlsberg Byen. Malmos is owned by the management group, including Per Malmos, son of the founder Paul Malmos, who establis hed the company in 1953. The partnership with idverde will strengthen Malmos’ position significantly, with added capabilities and specialised knowledge driven by similar values and a passion for landscaping. idverde is owned by leading European private eq uity company Core Equity Holdings (BE). The current owners of Malmos will remain shareholders by investing in the idverde Group alongside other managers of the Group.
Financial advisor to MOE on the transaction with Artelia Group
The Deal
MOE is the largest independent engineering consultancy in Denmark, with around 1,000 employees. By entering into partnership with Artelia, MOE becomes part of a strong global player within engineering consulting services. The combined group has more than 6,000 employees.
Insight
MOE is a leading Danish engineering consulting company offering full – service solutions to, primarily, the Building, Energy & Industry and Infrastructure market segments. MOE has a strong Nordic platform with offices in D enmark and Norway, together with a highly efficient production unit in the Philippines. MOE is owned by the employees and the management group. MOE initiated a process to investigate the opportunity to partner with a strong global player with an optimal s trategic and cultural fit and wide – ranging global experience within the specific MOE expertise areas. The world’s leading engineering companies showed great interest, and MOE finally selected a partner that was able to offer continued ownership by MOE ́ s e mployees and management. MOE has joined forces with a company that is similar in manyways: A solid growth – oriented employee – owned business that dates more than 60 years back, with operations in more than 30 countries. The competitive edge for both MOE and Artelia is the continuous focus on maintaining and developing leading engineering consulting capabilities based on a solid foundation of industry – high employee satisfaction based on a high entrepreneurial spirit due to the employee ownership.
Financial advisor to Rigtig Kaffe on the sale to Stampe + Stampe and Elwis Invest
Financial advisor to Rigtig Kaffe on the sale to Stampe + Stampe and Elwis Invest
Financial advisor to Green Circle on the sale to Forenede Service
Financial advisor to Green Circle on the sale to Forenede Service
Financial advisor to Scancommerce on the sale to Fiftytwo
Financial advisor to Scancommerce on the sale to Fiftytwo
Financial advisor to Daintel in the sale to Cambio Healthcare Systems
Financial advisor to Daintel in the sale to Cambio Healthcare Systems
Financial advisor to Sundhedsgruppen on the sale to Anacap Partners
Financial advisor to Sundhedsgruppen on the sale to Anacap Partners
Financial advisor to Eiva the sale to Sonardyne
Financial advisor to Eiva the sale to Sonardyne
Financial advisor to Wendelbo on the sale to Maj Invest
Financial advisor to Wendelbo on the sale to Maj Invest
Financial advisor to DMDD on the sale to Synlab backed by Novo Holdings
Financial advisor to DMDD on the sale to Synlab backed by Novo Holdings
Financial advisor to A-2 Consulting on the sale to First Chair Group
Financial advisor to A-2 Consulting on the sale to First Chair Group
Financial advisor to Interflora on the sale to MyFlower Group
Financial advisor to Interflora on the sale to MyFlower Group
Financial advisor to Helgstrand Dressage on the sale to Waterland Private Equity
Financial advisor to Helgstrand Dressage on the sale to Waterland Private Equity
Financial advisor to Sam Partner A/S on the sale to IndustriUdvikling
Financial advisor to Sam Partner A/S on the sale to IndustriUdvikling
Financial advisor to M. Larsen the sale to Remondis
Financial advisor to M. Larsen the sale to Remondis
Financial advisor to Sjølund A/S on the sale to DBAG
Financial advisor to Sjølund A/S on the sale to DBAG
Financial advisor to Gottlieb Paludan Architects on the sale to ÅF
Financial advisor to Gottlieb Paludan Architects on the sale to ÅF
Financial advisor to Friluftsland on the sale to Fenix Outdoor
Financial advisor to Friluftsland on the sale to Fenix Outdoor
Financial advisor to TCA Lift on the sale to Generationsskifte Invest
Financial advisor to TCA Lift on the sale to Generationsskifte Invest
Financial advisor to Infare Solutions on the acquisition of QL2 Software Airline Business backed by Ventiga Capital
Financial advisor to Infare Solutions on the acquisition of QL2 Software Airline Business backed by Ventiga Capital
Financial advisor to Personalhuset on the acquisition of Active Search
Financial advisor to Personalhuset on the acquisition of Active Search
Financial advisor to Verdane Capital on the sale of shares in Keylane Nordics
Financial advisor to Verdane Capital on the sale of shares in Keylane Nordics
Financial advisor to Umwelt on the investment from F.E. Bording
Financial advisor to Umwelt on the investment from F.E. Bording
Financial advisor to G.Funder on the sale to Lemvigh-Müller
Financial advisor to G.Funder on the sale to Lemvigh-Müller
Financial advisor to Gjensidige on the acquisition of Mølholm Forsikring
Financial advisor to Gjensidige on the acquisition of Mølholm Forsikring
Financial advisor to Alectia on the merger with Niras
Financial advisor to Alectia on the merger with Niras
Financial advisor to KeepFocus on the sale to KeepFocus Europe
Financial advisor to KeepFocus on the sale to KeepFocus Europe
Financial advisor to Nordic Sense on the sale to IndustriUdvikling
Financial advisor to Nordic Sense on the sale to IndustriUdvikling
Financial advisor to DKS on the sale to Intrum
Financial advisor to DKS on the sale to Intrum
Financial advisor to Agromenter on the sale to Erhvervsinvest
Financial advisor to Agromenter on the sale to Erhvervsinvest
Financial advisor to ScanNet on the sale to HG Capital
Financial advisor to ScanNet on the sale to HG Capital
Financial advisor to Siteimprove on the investment by Summit Partners
Financial advisor to Siteimprove on the investment by Summit Partners
Financial advisor to DanaWeb on the acquisition of Skandiaweb
Financial advisor to DanaWeb on the acquisition of Skandiaweb
Financial advisor to DCB on the sale to SE Blue Equity
Financial advisor to DCB on the sale to SE Blue Equity
Financial advisor to Pilgrim on the sale to Aktieselskabet CHB
Financial advisor to Pilgrim on the sale to Aktieselskabet CHB
Financial advisor to Mondux on the sale to Gjensidige Forsikring
Financial advisor to Mondux on the sale to Gjensidige Forsikring
Financial advisor to Plum A/S on the sale to CCS Healthcare
Financial advisor to Plum A/S on the sale to CCS Healthcare
Financial advisor to Mantacore on the sale to Keylane
Financial advisor to Mantacore on the sale to Keylane
Financial advisor to Advis on the sale to Intrum Justitia
Financial advisor to Advis on the sale to Intrum Justitia
Financial advisor to the founders on the sale to EQT
Financial advisor to the founders on the sale to EQT
Financial advisor to Egebjerg on the sale to ACO Funki
Financial advisor to Egebjerg on the sale to ACO Funki
Financial advisor to Fortconsult on the sale to NCC Group
Financial advisor to Fortconsult on the sale to NCC Group
Financial advisor to the founders on the sale to FlatIron Solution
Financial advisor to the founders on the sale to FlatIron Solution
Financial advisor on the sale to Teamvikaren
Financial advisor on the sale to Teamvikaren
Financial advisor to NIS on the sale to Summit and Acturis
Financial advisor to NIS on the sale to Summit and Acturis
Financial advisor advisor on the sale of the digital brand rights to TDC
Financial advisor advisor on the sale of the digital brand rights to TDC
Financial advisor in connection with the completion of succession planning in Selektro Group A/S
Financial advisor in connection with the completion of succession planning in Selektro Group A/S
Financial advisor to Blockbuster Danmark on the sale to private investors
Financial advisor to Blockbuster Danmark on the sale to private investors
Financial advisor to Veolia on the sale of IBKA to Norsk Gjenvinning (Altor)
Financial advisor to Veolia on the sale of IBKA to Norsk Gjenvinning (Altor)
Financial advisor in the sale to private investors
Financial advisor in the sale to private investors
MBI of Danish Crane Building A/S
MBI of Danish Crane Building A/S
Financial advisor to the founders on the sale of X-Yachts A/S
Financial advisor to the founders on the sale of X-Yachts A/S
Financial advisor to Kamstrup on the acquisition of SVM Metering
Financial advisor to Kamstrup on the acquisition of SVM Metering
Financial advisor to BoConcept Danmark A/S
Financial advisor to BoConcept Danmark A/S
Financial advisor to Eurogran on the sale to Barry-Callebaut
Financial advisor to Eurogran on the sale to Barry-Callebaut
AAC Capital has acquired Viking Redningstjeneste AS
AAC Capital has acquired Viking Redningstjeneste AS
Financial advisor to Traen A/S on the sale to DKA Capital
Financial advisor to Traen A/S on the sale to DKA Capital
Exclusive financial advisor to Sjølund A/S on the sale to the German private equity fund, Deutsche Beteiligungs AG (DBAG)
The Deal
Sjølund is a leading manufacturer of aluminium and steel components. The company operates in the niche market for complex components made of bent aluminium and steel supplying its products to the wind power industry, the high-speed train industry and construction. Sjølund was established in 1936, and with 80 years of experience the business has built stable customer relationships and a strong market position while reaching a size of around 130 employees. Headquarters are situated in Sjølund, Denmark.
Insight
Sjølund strives to expand internationally and, consequently, was looking for a partner who could provide additional know-how and execution power for continued global development. Sjølund has operations in several growth markets and will continue its journey to exploit the opportunities within the key business segments including the fast growing high-speed train segment.
