Category: M&A

In this pitch deck, analysts Wilhelm Uong, Olga Karasek, and Rasmus Nilsson present
comprehensive buy-out analysis of HelloFresh Group, the global market leader in meal-kit delivery.

In this pitch deck, analysts William Samuelsson and Filippa Lostedt present a comprehensive analysis of Coor Service Management, the Nordic leader in Integrated Facility Management (IFM).
Using a range of valuation methodologies, including DCF and LBO models, the analysts arrive at an enterprise value range of SEK 4,400 – 12,900 million. The following section outlines key assumptions underlying these valuation approaches and summarizes the insights that support the investment rationale.

In this pitch deck, analysts Felix Stenström and Jonathan Höglander present a
comprehensive investment assessment of Auction Technology Group (ATG), a
global technology company that powers online marketplaces for curated
auctions. Using a multi-faceted valuation
approach, including DCF, trading comparables, precedent transactions, and a reversed LBO, the analysts estimate ATG’s enterprise value in the range of USD
700–1,734 million.

In this pitch deck, analysts Måns Holmgren and Tjard Marx present a comprehensive evaluation of ITV, the UK’s leading content producer and broadcaster with a unique dual-engine model and significant upside potential through operational turnaround and strategic M&A. Utilizing a comprehensive valuation approach, incorporating a DCF model, peer analysis, precedent transactions, sum-of-the-parts and an LBO framework, the analysts estimate ITV’s enterprise value to be in the range of GBP 4.4 – 6.0bn.

In this pitch deck, analysts Melina Granberg, Tea Nedelkovska, and Julien Nguyen present an analysis of Medistim, a Norwegian MedTech firm specializing in devices for cardiovascular surgery. Using valuation methods including DCF and LBO, they estimate a target valuation of NOK 3,299m – 4,505m. The following section outlines key assumptions underpinning the buyout case.

In this pitch deck, analysts Elias Hylander and Maria Sunrise provide an in-depth assessment of Fagerhult Group, a leader in professional lighting solutions with a strong focus on sustainability and innovation. Using a comprehensive valuation approach—incorporating DCF modeling, peer analysis, precedent transactions, and an LBO framework—they estimate Fagerhult’s enterprise value at SEK 11.2–15.3 billion. The following section outlines key assumptions behind this valuation and insights shaping the investment thesis.

In this pitch deck, analysts Axel Grahn and Gent Kita Elezi deliver a thorough analysis of Matas Group, the Nordic leader in health and beauty, emphasising its brand assortment
expansion, financial health and potential market growth. By utilising various valuation methods such as DCF and LBO models, the analysts derive a target valuation range of DKK
6,500 – 8,700m. The following section includes a selection of assumptions underpinning this
valuation, and highlights some of the insights from which the investment considerations were made.

In this presentation, analysts Wictor Bodelind and Gustaf Tamm present an in-depth financial
analysis of Bahnhof AB, Sweden’s fastest growing telecom operator, positioning it as a
compelling target for potential transactions. Leveraging multiple valuation methodologies, a
preliminary assessment indicates an enterprise value in the range of SEK 4,750 – 5,600m. A
robust investment opportunity expected to appeal to a wide range of strategic investors and
financial sponsors.

In this pitch deck, analysts Caroline Danielsson and Samuel Arctaedius deliver a
comprehensive analysis of Fenix Outdoor, a leading international group of outdoor brands
and proprietor of Sweden’s most sustainable brand for the fourth consecutive year,
emphasizing its business model, market position, and financial health. Utilizing various
valuation methods such as DCF and LBO models, the analysts derive a target valuation of
EUR 950 – 1400m. The following section includes a selection of assumptions underpinning
this valuation, and highlights some of the insights from which Fenix Outdoor proves to be a
strong acquisition candidate.

In this pitch deck, analysts Oscar Fredell and Emilian Rehnström deliver a comprehensive analysis of Balco Group, the leader in the balcony industry in the Nordics, emphasizing its business model, market position, and financial health. Utilizing various valuation methods such as DCF and LBO models, the analysts derive a target valuation of SEK 1200 – 1600m. The following section includes a selection of assumptions underpinning this valuation, and highlights some of the insights from which the investment considerations were made.