IMAP partners around the world closed 185 M&A deals worth more than $18 billion during the Q1-Q3 2021 period. The boom in market activity observed in the first half of the year continued in Q3 and indicators suggest that 2021 will close out as one the strongest years for IMAP on record.
Pexymek is a leading supplier of antenna mounts, cable clamps, cable protection and cold defects. The company also have a significant contract production in pipe bending, sheet metal punching, edge pressing, assembly, and packaging.
Building relationships and trust in a remote working environment is a challenge but critical to successfully closing deals. Marcus Rex, at IMAP Sweden discusses why technology has become a crucial tool in their transaction process and how deals can still be closed, even under lockdown.
MIAS Group consists of two subsidiaries: MIAS Filter AB, a reseller of filters, and MIAS Cylinderfabrik AB, a manufacturer and reseller of hydraulic cylinders. Founded in 2005, with its headquarters in Ängelholm in the Southern part of Sweden, the company provides a complete assortment of filters and brands for industrial, mobile and stationary equipment and machines, with a competitive offering in hydraulic cylinders.
Weterings produces ducts, tubes, and hoses used for protection of cables and transportation of liquids and gases.
IMAP closed 112 deals worth more than $14.7 billion during the first half of 2021. The strong rebound in market activity that began in Q4 of 2020 carried over well into Q1 of this year.
Källström designs and produces equipment for filling, mixing, and handling of corrosive liquids, primarily for the international battery industry. The company has a high degree of technical expertise with nearly 30 years of experience from the industry and a well-established brand with long-term customer relationships.
Volati has acquired all shares in Apisa S.L., a Spanish market leader in drying and storage solutions for grain, feed, and biomass. Apisa reported annual sales of approximately EUR 15 million for the last financial year.
Svenska Bad was founded in 2006 and is a leading player within spa baths in Scandinavia. The company supplies both the Nordic and European markets with premium spa baths developed for the Nordic climate.
Founded in 1980 and headquartered in Kungälv, north of Gothenburg, CDS is a reseller of vehicle components, mainly lights to cars and heavy commercial vehicles. CDS has a good company culture and has built up strong long-term relationships with customers and suppliers
GGAL is a group of companies that deliver innovative aluminium and glass solutions to the housing and construction market in Sweden. The group operates under the brands VPP System, Vetri and Alufasad Nordic.
Addvanze was founded in Helsingborg in 2010 by Åke and Agneta Berg. Addvance is a leading developer, producer, and marketer of colour, and additive masterbatch. Addvanze provides demanding customers around Europe with environmentally friendly, first-class, and cost-effective products tailored to their unique requirements.
SYSCO have signed an agreement to acquire 100% of the shares in the Swedish managed services company, SQL Service Nordic AB. SQL Service Nordic AB is a Microsoft expert founded in 2009, delivering monitoring, maintenance and expertise services on SQL Server, Power BI and Azure.
This figure is higher than the average posted during Q1-Q3 2020, suggesting that the rebound in market activity observed in Q4 2020, in which IMAP closed a record 83 deals, has carried over.
Alfing is an industrial group from Älmhult in Småland with roots ranging back to the early 1960’s. The business is conducted under the three branches Alfing Produktion, Alfing Seating and the forest machine manufacturer Terri. Alfing has sales of approximately SEK 200 million with good profitability.
The investment in Sweden’s leading Oracle specialists places the IT Relation group among the largest players in the Nordics with 60 dedicated database experts in Sweden and Denmark.
IMAP closes 218 M&A deals worth over $12.5 billion. Q4 2020 marked IMAP’s strongest quarter ever.
Lasertech is a leading company in industrial 3D printing and laser welding in metal. The range of services also includes non-destructive testing, laser marking and laser curing.
IMAP closed 117 M&A deals worth over $4.5 billion during Q1-Q3 2020, 31% of which were cross-border. Deals were closed across 15 different sectors, with Technology and Industrials being the most active.
Addtech Energy, a business area in the Addtech Group, has signed an agreement to acquire all shares outstanding in Skyltar & Märken Gruppen AB.
Addtech Automation, a business area in the Addtech Group, has acquired all shares outstanding in Elsystem i Perstorp AB
Crendo Fastighetsförvaltning offers property services and administration to property owners and their customers. Crendo has offices at four locations in Sweden: Halmstad, Linköping, Helsingborg and Växjö. Customers ranges from nationwide real estate companies to local property owners.
39% of the deals were cross-border. Deals were closed across 13 different sectors, with Technology and Business Services the most represented.
INUstyr is active in building automation systems and offers energy efficient solutions for public and private customers in Sweden. The company focuses on complete solutions for indoor environments through system integration and coordination, particularly in commercial and specialized buildings.
The Corona pandemic has made a clear impact on the Swedish transaction market as many processes have been temporarily paused. At the same time, we see that several processes are now slowly starting to resume, which we believe will mean that there will be increased activity during the autumn.
Globen Lighting designs, manufactures, and sells interior lighting for both private and public environments. The head office is located in Svenljunga and through retailers the company exports lighting products to large parts of Europe and many other parts of the world.
Read the Chairman's Letter introduction to the Coronavirus special edition of IMAP's publication, Creating Value.
Bos-Agro Food is the leading wholesaler of cultivated and wild-growing raspberries and other berries in Bosnia and Herzegovina.
IMAP closed 49 M&A deals worth more than $1.4bn in Q1 2020. 43% of the deals were cross-border.
With more than 20 years of track record, Szkaliczki has grown into a dominant player in the field of logistics tray manufacturing, supplying the automotive and electronics industries.
One thing that this crisis is showing us is that no matter the geography, no matter the level of economic activity or wealth, all of us are inter-connected, facing the same problems and concerns.
ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland. The products enable companies to streamline and plan their production supporting processes.
In 2019, IMAP closed 234 M&A deals valued at over $13 billion. The result was higher than the previous year (208) and indeed, marked IMAP’s strongest performance since 2012. Average disclosed IMAP deal value stood at $66.9 million.
Brickpack is a leading provider of gasket and fabrications for the engine, transmission, processing, and material handling markets in Europe. The acquisition of Brickpack further increases Hoosier Gasket’s global capabilities and specifically the ability to serve the European market.
Somna has for more than 10 years been developing and manufacturing weighted blankets and is renowned for its assistive device The Somna® Blanket. The blanket is manufactured in Sweden, is fire retardant, developed based on scientific studies.
Bygghemma Group has acquired Lindström & Sondén AB, a leading online retailer, primarily of wine fridges, outdoor kitchens and range cookers, with proprietary brands and agents for a number of leading European brands. LSBolagen.com had sales of over SEK 100 million in 2018.
Italian Frozen Food Holding (IFFH), is an Italian holding company backed by Mandarin Capital Partners
Trigon advised Flügger on this transaction, from identification of potentially suitable transaction targets – in Poland, remaining CEE markets, the Baltics, Scandinavia and the DACH region – through completion of the acquisition of Unicell.
SGA Conveyor Systems was founded in 1990 and its individually tailored picking and transport solutions have established it as a partner for logistics centers for parcels and goods. SGA is particularly strong in the growth market of e-commerce, where companies are increasingly handling their own distribution logistics.
Therm-x of California is a vertically integrated manufacturer of temperature sensors, industrial heaters and process control systems for the semiconductor equipment and other thermal-sensitive industries with leading technology, revenue growth and key supplier status to blue-chip OEM customers.
The Top Dealmakers in Sweden recognises the top 40 legal and financial advisors from the previous 12 months of M&A activity by deal count, and Bengt Jönsson from IMAP Sweden is one of the winners.
In the opening address IMAP Chairman Jurgis Oniunas set out that IMAP’s work is primarily focused on 2 things, collaboration and information. These are the tools we need in order to thrive in an increasingly complicated environment.
IMAP Netherlands advised on the sale of HFMtalentindex, a leading player in the Dutch talent assessment and talent development market, to Assessio, a Swedish portfolio company of Main Capital.
Lagercrantz has acquired the shares in Finland-based Frictape Net Oy and in the Estonian company Frictape Net Oü. The operations are a leading supplier of safety products for helidecks, primarily offshore, all over the world. Frictape generates annual revenue of approximately MEUR 7, with good profitability.
More than 50 Analysts & Associates coming from 20 countries and 3 continents met on September 20th in Budapest, Hungary.
I.A. Hedin Bil, through the subsidiary Hedin Belgien Bil AB, has acquired Rudi Vertommen NV. The deal includes a Mercedes-Benz new and used passenger cars and vans dealership, marketed under the brand Vertommen.
IMAP is pleased to announce the release of the IMAP Dealbook 2018-2019. This annual IMAP publication showcases IMAP's collective transaction track record across a breadth of sectors and geographies.
After approval from the Belgian Competition Authorities, the acquisition of two Mercedes-Benz dealerships in Sint-Niklaas and Lokeern was finalized.
In support of our Dutch colleague Peer Joosten and all other ALS patients, IMAP has formed a 4 strong team of swimmers prepared to brave the 2 km (1.24 mile) swim in the Amsterdam canals on Sunday September 8th.
Consistent with IMAP’s track record, 27% of the deals were cross-border.
The JV will monetize both the advertising inventory of MaximaTelecom’s networks, as well as the non-video inventory on the online platforms of a number of Gazprom-Media’s assets.
The IMAP Southeast Europe team acted as exclusive financial advisor to Wagen throughout the sale process.
In the latest edition of its flagship Creating Value publication, IMAP takes a deep dive into themes related to disruption and innovation and explores how new technologies are transforming our businesses and our lives.
IMAP Argentina, led by Pablo Teubal and Pedro Querio, acted as exclusive financial advisor to Lixis.
Andover Healthcare is a leading manufacturer of high-quality, patent-protected healthcare products, including wound care dressings, cohesive bandages and medical tapes.
Cool Fresh is a Dutch fresh produce marketing company that specializes in combining local European products with off-season produce from around the world.
Logit Europe AB was founded in 2002 with a plan to develop the best 3PL solution for e-commerce companies within apparel and accessories. The customers consist of several strong brands that are represented on an international market.
With the acquisition of Laser Bidez, Aceros LST strengthens its presence in the industry dense region surrounding Bilbao in northern Spain.
IMAP Argentina advised Netshoes on the sale of NS3.
Stenentreprenader is one of the major natural stone contractors in Sweden. The company specialises in delivery and assembly of natural stone for façades, floors and window sills. Customers are mainly medium-sized and large construction contractors, and the projects primarily consist of public buildings.
Total Specific Solutions (‘TSS’) further extends its foothold in the Swedish software market with the acquisition of FDT AB. FDT is a vertical market software company that is part of the Swedish white goods and consumer electronics retail chain the Elon Group that operates in Sweden, Denmark, Finland, Norway, and Iceland.
29% of the deals were crossborder. Deals were closed across 13 different sectors
Guest speakers were Mr. V. C. Sehgal, Chairman of Samvardhana Motherson Group (SMG), Krisztián Orbán, founder and managing partner of PE firm Oriens and David Kean.
IMAP is pleased to announce that Essel Mining & Industries has acquired Pro Minerals Private Limited for an Enterprise Value of circa INR 4.5 billion (~USD 65 million).
IMAP is pleased to announce that Pleatco, a portfolio company of Align Capital Partners, has acquired Milton Manufacturing. Terms of the transaction were not disclosed.
IMAP’s Spring Conference in Munich held on March 22-23 saw the formal launch of IMAP China.
IMAP is pleased to announce that Canadian private equity firm TorQuest Partners has acquired Prepac. Terms of the transaction were not disclosed.
The Company was founded in 2010 by Andreas Wedberg and André Svensson, who together simplified the way to efficiently produce and market glass railings. Via the company’s websites in 7 countries, customers design and order customized products that are delivered directly to their door.
Generac Holdings, a global leader in the design and manufacture of power products, has acquired Neurio Technology, an energy data and metering specialist based in Vancouver, Canada.
The report is based on the results of a survey undertaken at the end of 2018, whereby IMAP partners across the world were asked for their views on the M&A markets in 2018, as well as their expectations for 2019.
Rotage is a leading Swedish contract manufacturer offering services such as laser cutting, punching, bending, assembly and surface treatment. With the group’s complete and modern machinery, the company has established themselves as a highly competitive production partner for sheet metal components.
IMAP Morocco advised on the sale of an 85% stake in HEM, the leading Moroccan business school, to LCI Education, based in Montreal.
IMAP is pleased to announce that Connector Specialists, Inc, distributor of industrial products, acquired the business operations of Bluestar Industries, LLC and Bluestar Ace Machine, LLC. Terms of the transaction were not disclosed.
IMAP released its 2018 results today, announcing an increase in deals closed over the previous year, having closed 208 deals in 2018 worth over $10bn. Average disclosed deal value came in at $62.2 million, as IMAP continues to strengthen its mid-market credentials.
Lampe Privatinvest has sold von Oertzen GmbH, a leading solution provider of high-pressure water jetting systems for industrial customers, to Hako, a subsidiary of the Possehl Group.
Kufner Holding GmbH ("Kufner Group") and the investment company VMS-REB 3 Beteiligungen GmbH ("VMS") acquire the traditional textile finisher Bamberger Kaliko Textile Finishing GmbH ("Bamberger Kaliko") by means of an insolvency plan.
Capstone Headwaters advised Bell and Howell, a portfolio company of Versa Capital Management, on its sale to Westview Capital Partners.
Degroof Petercam Investment Banking (DPIB) and IMAP have entered into a strategic partnership. Under the terms of the agreement, DPIB will act as IMAP’s exclusive corporate finance partner for M&A activities in Belgium and France as from January 2019. In Spain, DPIB will closely collaborate with IMAP Spain, Albia Capital Partners.
IMAP dedicates the latest edition of its flagship Creating Value publication launched today, to a subject that should have every CEO’s focus; disruptive innovation.
Brockhaus Capital Management AG ("BCM") acquires a majority stake in Karlsruher Palas GmbH Partikel- und Lasermeßtechnik ("Palas"), a provider of technologically leading high-precision devices for measuring, characterizing and generating particles in air, particularly in the field of fine dust and nanoparticles.
As part of a succession plan, VESCON Automation Group GmbH, majority owned by Quadriga Capital, acquires a majority stake in the Lower Bavarian Schiller Group.
After 15 years, the Southeast Europe Region’s leading independent M&A advisor has a new face.
The shareholders of Inobas, a provider of structured data products, have sold their shares to STP Informationstechnologie AG.
Sigarth is a market leader in radiator suspension systems and accessories with over 50 years of industry experience. Today, Sigarth has approximately 80 employees and in 2017, their turnover was approximately 119 million Swedish krona.
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.
Effective September 1st 2018, the Magdeburg (Germany) based conveyor systems specialist FAM has acquired the industrial services activities of the ECOSOIL Group, a portfolio company belonging to Endurance Capital AG - a German holding company focused on small and medium sized enterprises.
Trumpler Group, headquartered in Worms, Germany, has signed an agreement with the shareholders to acquire the assets of Langro-Chemie Theo Lang GmbH and its foreign affiliates.
Lord Irvine Laidlaw from Scotland will invest over €200 million in the realisation of a optical fibre network in the city of Rotterdam. In five years' time, all 300,000 households and companies in the city will be connected to fast broadband internet.
Halder Beteiligungsberatung GmbH and the other co-partners have sold Aqua Vital, the German market leader for drinking water dispensers in the commercial sector, to US-American Culligan Water. The leading international provider of water treatment solutions is a portfolio company of Advent International.
IMAP closed 97 M&A deals worth more than USD 4.2bn in January-June 2018
Mayer-Kuvert-network GmbH ("Mayer-Kuvert-network") has expanded its group of shareholders in the course of a capital increase to include a German family office, which will also become the new majority shareholder.
MAAS Baustoffe GmbH obtains a new owner. As part of MAAS Group's insolvency proceedings, the building materials trade with its ten sites has been sold to MAAS Bauzentrum GmbH.
The 2018 IMAP Spring Conference was held from 12th until 14th of April in Warsaw in Poland. The event was hosted by Trigon, IMAP's partner firm in Poland.
Verdant Capital has joined IMAP, the leading global M&A partnership, becoming the second partner firm in Africa.
IMAP closed 41 M&A deals in Q1 2018 worth more than USD 1.0 bn
IMAP advised MAAS Group as part of their insolvency proceedings on the sale of its subsidiary BEMO Systems Engineering GmbH (BEMO).
IMAP Netherland's Jan-Pieter Borst and Frank Ruijgrok were interviewed for Offshore Industry magazine to give their corporate finance perspective on an industry in transition.
The Chinese family holding SEC has acquired 100% of the shares in VEM Group in Dresden, a traditional manufacturer of electric drive systems, special motors and machines, from the entrepreneurial family Merckle, including all current locations in Germany and abroad.
Endurance Capital AG and AL-KO KOBER SE will jointly acquire the three divisions Automotive, Metal Parts Manufacturing and Railway Technology division of the Cologne-based metal processing company Kohl-Gruppe AG.
The family office Zobel Values AG has acquired the packaging specialist RCP Ranstadt GmbH from the Dutch financial investor Nimbus hands-on investors, who has successfully realigned the company over the last eight years.
Zhongwang Aluminum Deutschland GmbH acquired Aluminiumwerk Unna AG, leading manufacturer of aluminum alloy tubes, headquartered in Unna close to Dortmund. The investor is a subsidiary of China Zhongwang Holding Ltd., headquartered in Beijing – the listed company is Asia’s largest manufacturer and developer of aluminum extrusion products.
The IMAP team for M&A transactions in special situations advised Albert Horn Söhne GmbH & Co. KG (HORN), a traditional greetings card manufacturer, during their insolvency proceedings, on the sale of its business operations.
In the first half of the year, the M&A consulting firm was able to successfully close 10 transactions, including the sale of the sports and dietary nutrition provider Well Plus Trade to HQ Equita or the acquisition of the electrical machinery manufacturer VEM for a Chinese family business.
BB Capital Investments, the Netherlands-based private equity firm, acquires a stake in Travel Health Group (THG) from its shareholders.
As part of its succession planning, the Founder and Managing Partner of THG Baugesellschaft mbH, Rainer Klinkhammer, has sold company shares to EUROVIA GmbH (Germany).
IMAP successfully advised the owners of Karl Reichenbach GmbH, manufacturer of rubber parts, headquartered in Durmersheim near Karlsruhe, on the sale of majority shares to Lampe Privatinvest.
The IMAP team for M&A transactions in special situations, advised Awetis GmbH (AWETIS) during their insolvency proceedings in self-administration, on the sale of its subsidiary Awetis Systems GmbH & Co. KG. Freudenberg Group, headquartered in Weinheim, acquired 100% of the shares.
IMAP has advised Onlime GmbH and its UK based shareholder, Onlime Group Limited, a leading operator of fiber and satellite telecommunication networks, on the sale of its globally managed satellite services to the German telecommunications provider CETel (Central European Telecom Services GmbH).
Active Capital Company acquires Codi Group: State-of-the-art wet wipes producer ready for the next step.