access partners latest m&a transactions · 2017-11-03 · august 2016 sale of lehtipiste to...

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6 Value undisclosed August 2016 Acquisition of Corbel Sale of Lehtipiste to Tradeka Value undisclosed September 2016 Sale of Mediatalo ESA to Keskisuomalainen €18 million September 2016 Sale of Euromaint Rail to Orlando Management SEK 650 million November 2016 Access Partners – latest M&A transactions Merger of Munksjö and Ahlstrom €1.2 billion April 2017 Value undisclosed January 2017 Sale of Ljung & Sjöberg to Priveq Investment Value undisclosed April 2017 Sale of Woodfield Systems to management Sale of Nebula to Telia €165 million July 2017 Pension assets of €44 billion Pending Merger of Etera and Ilmarinen €27 million Pending Sale of Stockmann Delicatessen business in Finland to S Group Acquisition of Sveba Dahlen Group Value undisclosed June 2017 Advisor to GWS in the sale of shares in DT and Glaston €110 million June 2017 Sale of Nordic Paper to Anhui Shanying Paper Value undisclosed October 2017 Public tender offer for Affecto by CGI €98 million October 2017 Valued undisclosed October 2017 Sale of Visedo to Danfoss

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Page 1: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

6

Value undisclosed

August 2016

Acquisition of CorbelSale of Lehtipiste toTradeka

Value undisclosed

September 2016

Sale of Mediatalo ESA to Keskisuomalainen

€18 million

September 2016

Sale of Euromaint Rail to Orlando Management

SEK 650 million

November 2016

Access Partners – latest M&A transactions

Merger of Munksjö and Ahlstrom

€1.2 billion

April 2017

Value undisclosed

January 2017

Sale of Ljung & Sjöberg to Priveq Investment

Value undisclosedApril 2017

Sale of Woodfield Systems to management

Sale of Nebula to Telia

€165 million

July 2017

Pension assets of €44 billion

Pending

Merger of Etera and Ilmarinen

€27 million

Pending

Sale of Stockmann Delicatessen business in Finland to S Group

Acquisition of Sveba Dahlen Group

Value undisclosed

June 2017

Advisor to GWS in the sale of shares in DT and Glaston

€110 million

June 2017

Sale of Nordic Paper to Anhui Shanying Paper

Value undisclosed

October 2017

Public tender offer for Affecto by CGI

€98 million

October 2017

Valued undisclosed

October 2017

Sale of Visedo to Danfoss

Page 2: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – latest Debt Access transactions

7

Details undisclosedSeptember 2014

Financing arrangements

Details undisclosedJuly 2014

Refinancing Refinancing

Details undisclosedJuly 2014

€42 millionSeptember 2014

Project financing

August-November 2014

Financial advisor

December 2014

Independent Capital Structure Review

Senior debt

Details undisclosedFebruary 2015

Independent Capital StructureReview

September 2015

Senior debt

October 2015

Junior debt

Details undisclosedNovember 2015

Refinancing

Details undisclosedDecember 2015

Junior debt

Details undisclosedApril 2016

Bond restructuring

€35 millionJanuary 2017

Growth financing/Refinancing

Details undisclosedApril 2017

Details undisclosed

May 2017

Transaction Financing

Page 3: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – public market transactions

8

Public offer for shares in AS Norma

€78 millionApril 2010

De-listing

€84 millionMarch 2010

Sale of Tamfelt to Metso

€204 millionDecember 2009

Advisor to Hartwall Capital in the sale of shares in Scottish &

Newcastle€1.2 billionApril 2008

Affecto’s public tender offer for Component Software

€46 millionAugust 2007

Public tender offer for FIM Group by Glitnir banki

€341 millionMay 2007

Public offer for Rautaruukki Oyj

€1.9 billionJuly 2014

Public offer for shares in Seco Tools AB

SEK 15.6 billionNovember 2012

Merger of Munksjö and Ahlstrom

€1.2 billion

April 2017

Advisor to GWS in the sale of shares in DT and Glaston

€110 million

June 2017

Public tender offer for Affecto by CGI

€98 million

October 2017

Page 4: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – sell side transactions

9

€43 millionJuly 2016

Sale of Eniram to Wärtsilä

SEK 810 millionJuly 2016

Sale of Internatural to Midsona

Value undisclosedSeptember 2016

Sale of Lehtipiste toTradeka

Sale of Mediatalo ESA to Keskisuomalainen

€18 million

September 2016

Sale of Euromaint Rail to Orlando Management

SEK 650 million

November 2016

Sale of Norstedts Förlagsgruppto Storytel

SEK 152 millionJuly 2016

Value undisclosedAugust 2015

Sale of Semantix to Segulah

Value undisclosedAugust 2015

Sale of Transtech to Škoda

Transportation

€73 millionDiscontinued

Sale of Ahlstrom Glassfibre business to Owens Corning

Value undisclosed

January 2017

Sale of Ljung & Sjöberg to Priveq Investment

Value undisclosedApril 2017

Sale of Woodfield Systems to management

€27 million

Pending

Sale of Stockmann Delicatessen business in Finland to S Group

Sale of Nebula to Telia

€165 million

July 2017

Sale of Nordic Paper to Anhui Shanying Paper

Value undisclosed

October 2017

Valued undisclosed

October 2017

Sale of Visedo to Danfoss

Page 5: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – sell side transactions (cont’d)

10

Value undisclosedJanuary 2014

Sale of Hankasalmi sawmill to Versowood

€ 418 millionJune 2014

Sale of 50% of Sokołów

Value undisclosedJune 2014

Sale of Ramudden to IK Investment Partners

Value undisclosedJune 2014

Sale of MP-Maustepalvelu to Barentz Group

Value undisclosedSeptember 2014

Sale of Nordiska VA-teknik AB to SEB Private Equity and LK Finans

Value undisclosedJanuary 2014

Sale of Hermods to AcadeMedica

Value undisclosedFebruary 2013

Sale of Suomen Lähikauppa to Triton Fund III

Value undisclosedAugust 2013

Sale of 51% of FIM to S-Pankki

USD 41 mAugust 2013

Sale of 51% of Pisa Mill

Value undisclosedSeptember 2014

Sale of Samport Payment Services to Nordic Capital

Value undisclosedOctober 2014

Sale of San Sac to Accent Equity

Value undisclosedJanuary 2015

Sale of S:t Eriks by Segulah and Peab Industri to Accent Equity

Value undisclosedFebruary 2015

Sale of Medius Dynamics to EG

Sale of Iris to Anthon B. Nilsen

Value undisclosedJune 2015

Value undisclosedJune 2015

Sale of Produal to Investment AB Latour

Page 6: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – sell side transactions (cont’d)

11

Sale of Steen and Strom in to Airport Retail

Value undisclosedJanuary 2010

Value undisclosedJanuary 2011

Sale of Konftel to AvayaSale of Visual Conference Groupto Interoute Communications

Value undisclosedJune 2011

Value undisclosedJune 2011

Sale of OpusCapita Group to Itella Oyj

Value undisclosedJuly 2011

Sale of Forte Netservices to DNA

Sale of Euromarket stores to Kesko

Value undisclosedOctober 2010

Sale of Euromarket stores to S-Group

Value undisclosedNovember 2009

Sale of PaloDEx to Danaher

Value undisclosedNovember 2009

Value undisclosed

June 2009

Sale of Brazilian rigid plastics operations to Bemis

SEK 100 MillionOctober 2011

Sale of EuroMaint Industry toCoor Service Management

未公表値November 2011

Sale of Copiator Group to Sharp

Value undisclosedDecember 2011

Sale of Skandinavisk Kommunalteknik AB to Litorina

Skandinavisk

Kommunalteknik AB

€31 million March 2012

Sale of 66% of Aktia P&C toFolksam and Veritas Pension

Value undisclosedMay 2012

Sale of VSD Logistics to Skanlog

€55 millionSeptember 2012

Sale of Lemminkäinen concrete business to Rudus / CRH

Page 7: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – sell side transactions (cont’d)

12

Sale of Forchem to MB Funds

Value undisclosedJanuary 2007

Sale of Eltel to 3i

€ 615 millionJune 2007

Sale of Elfa to Daetwyler Group

SEK 1.2 billionApril 2008

Sale of Autotank to Gilbarco Veeder-Root

€28 millionAugust 2008

Sale of Textilia to Litorina

SEK 300+ MillionAugust 2008

Sale of Contempus to Basware

NOK 84 millionSeptember 2008

Sale of Reima to Pohjola

Value undisclosedOctober 2008

Sale of Polartest to DEKRA

Value undisclosedDecember 2008

Sale of Departments & Stores Europe AB to Åhléns

SEK 440 millionWithdrawn

€8 millionApril 2009

Sale of Bewator Oy to Panostaja

Sale of Argentinean rigid plastics operation to Beamis

Value undisclosedJune 2009

Page 8: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – buy side transactions

13

Value undisclosed

October 2015

Acquisition of Alma360

SEK 4.7 billion

July 2015

Acquisition of Nordic

Cinema Group

€340 million

April 2015

Acquisition of Metso Process Automation System business

Value undisclosed

April 2015

Acquisition of MCI Press

Value undisclosed

December 2014

Acquisition of ABB Full Service

€60 million

June 2014

Acquisition Lemminkäinen Technical Building Services

Value undisclosed

June 2014

Acquisition of Synsam

€180 million

January 2014

Acquisition of Aker Solutions’Mooring and Loading Systems

businessValue undisclosed

December 2013

Acquisition of Stokke Acqusition of Terveystalo

Value undisclosed

December 2013

Value undisclosed

December 2015

Acquisition of Accountor

Value undisclosed

July 2016

Acquisition of Netel

Value undisclosed

July 2016

Acquisition of Realia Group

Value undisclosedAugust 2016

Acquisition of CorbelAcquisition of Sveba Dahlen Group

Value undisclosed

June 2017

Page 9: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – buy side transactions (cont’d)

14

Value undisclosedAugust 2010

Acquisition of Legevisitten Bemanning

Value undisclosedAugust 2010

Acquisition of InLife

Value undisclosedNovember 2009

Acquisition of Sanma

Value undisclosed

March 2010

Acquisition of Solhaga-gruppen

From Valedo

€82 million

February 2010

Acquisition of wine and spirit

portfolio from Pernod Ricard

Value undisclosedJanuary 2009

Acquisition of Lantmännen Färskbröd

MBO of Glitnir Oyj

Value undisclosedOctober 2008

Acquisition of Telko Group

€79 millionApril 2008

Acquisition of Solutions Belgium

Value undisclosedMarch 2008

Acquisition of Candyking International

Value undsiclosedDecember 2007

Acquisition of SuomalainenKirjakauppa and certain other

assets€27.5 millionAugust 2011

Acquisition of Estethique from Validus Group

Value undisclosedSeptember 2010

Acquisition of parts of engineering and consulting business

from VattenfallValue undsiclosed

April 2011

Acquisition of E.ON ES

Value undisclosedMarch 2011

Acquisition of Pinova

Value undisclosed

September 2011

Page 11: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – debt advisory

16

€42 millionSeptember 2014

Project financing

Details undisclosedSeptember 2014

Financing arrangements

Details undisclosedJuly 2014

Refinancing Refinancing

Details undisclosedJuly 2014August-November 2014

Financial advisor

December 2014

Independent Capital Structure Review

Senior debt

Details undisclosedFebruary 2015

Independent Capital StructureReview

September 2015

Senior debt

October 2015

Junior debt

Details undisclosedNovember 2015

Refinancing

Details undisclosedDecember 2015

Junior debt

Details undisclosedApril 2016

Bond restructuring

€35 millionJanuary 2017

Growth financing/Refinancing

Details undisclosedApril 2017

Details undisclosed

May 2017

Transaction Financing

Page 12: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – debt advisory (cont’d)

17

SEK 500,000,000 Senior Unsecured

STIBOR 3m + 7,50% 2012/2017

Details undisclosedMay 2013

Convertible loan

Details undisclosedJuly 2013

RefinancingProject financing framework agreement

€125 millionJanuary 2014

Independent Capital Structure Review

April 2014

Independent Capital Structure Review

April 2014

Refinancing

Details undisclosedJune 2014

Page 13: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – mergers and equity advisory

18

Directed issue

Value undisclosedAugust 2012

Joint venture company with United Shipbuilding Corp.

Value undisclosedDecember 2010

Investment in Porous Power Technologies

Value undisclosedDecember 2011

Sale of assets of Kuitu Finland bankrupt’s estate

Value undisclosedSeptember 2010

Merger with Goodtech

Value undisclosedAugust 2010

Sale of shares to CapMan

Value undisclosedDecember 2009

Rights Issue

SEK 100 millionSeptember 2009

Directed Issue

SEK 215 millionSeptember 2009

Rights Issue

SEK 500 millionJune 2009

Fairness Opinion on the acquisition of Arena Personal

SEK 131 millionJanuary 2009

Value undisclosedDecember 2012

Merger with KährsMerger of CPS Color’s colorant business with Chromaflo

Value undisclosedDecember 2013

Value undisclosedSeptember 2014

Merger of Styrochem and Bewi Acquisition of

DS Smith EPS businesses€4 millionJune 2014

First North IPO

Pension assets of €44 billion

Pending

Merger of Etera and Ilmarinen

Page 14: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners – mergers and equity advisory (cont’d)

19

Mezzanine financing

€10 millionJune 2007

Rights Issue

€16 millionFebruary 2007

Sale of shares by OKO Venture Capital to private investors

Value undisclosedOctober 2006

Merger between AcadeMediaand Bure’s subsidiary Anew

Learning

SEK 800+ millionOctober 2008

Fairness Opinion on the acquisition of Axiom Systems

€29 millionApril 2008

Merger with Veritas P&C

€670 millionJanuary 2008

Restructuring

Value undisclosedSeptember 2007

MBO

Value undisclosedOctober 2008

Page 15: Access Partners latest M&A transactions · 2017-11-03 · August 2016 Sale of Lehtipiste to Acquisition of Corbel Tradeka September 2016 Sale of Mediatalo ESA to Keskisuomalainen

Access Partners team

20

Peder Egnell

Experience in Nordic financial markets since

1997, at Goldman Sachs in London and Enskilda Securities

Jonas Bergstrand

In Nordic Investment Banking since 1999, primarily with Access Partners and Enskilda

Securities

Ben Airas

25 years experience in international advisory in London and Helsinki

Head of Enskilda Securities in Finland

05-06

Jani Gros

Worked previously at Corporate Finance

division of HoulihanLokey, London and Macquarie Capital,

London & Stockholm

Kim Henriksson

More than 20 years of corporate finance

experience. Principally within M&A at Morgan Stanley and as CFO at

Munksjö

Kenneth Johansson

Previous experience in debt investments at

Nordic Mezzanine and real estate investments

at LähiTapiola

Petri Sandell

More than 20 years’ experience in debt finance and debt

investments in the Nordic countries and in Asia, most recently at EQT Partners and at

Nordea Bank

Jarkko Sipilä

More than 15 years experience in Nordic financial markets at

Morgan Stanley, London and Enskilda

Securities

Jonas Sjöborg

More than 15 years experience from Nordic Investment Banking, previously at Enskilda

Securities

Aki Norrgård

With Access Partners since 2010

Worked previously at EFG Bank in Helsinki and at Myllykoski in Germany and the US

Henri Jäntti

In Nordic Investment Banking since 2016.

Previously M&A analyst at Gasum. Holds an M.Sc. (Econ.) from

Aalto University School of Business

Kim Lindroos

In Nordic Investment Banking since 2005,

with SEB Enskilda and Access Partners

Dan Karlsson

20 years experience in international financial

markets. Worked previously for OFER Group in Singapore,

Morgan Stanley London and Enskilda Securities

in Helsinki

Antti Leppinen

In Nordic Investment Banking since 2006, primarily with Access

Partners

Samuli Kytö

Graduate from the Helsinki School of Economics with

previous working experience from SEB Corporate Finance

Douglas von Euler

Have previously workedat J.P. Morgan in

London and Qvartz in Copenhagen. Holds an

M.Sc in AppliedEconomics and Finance

from CopenhagenBusiness School

Juuso Turtiainen

Holds an M.Sc. (Econ.) from Aalto University School of Business.

Worked previously at Aventum Partners, Deloitte Corporate

Finance and Reddal.

Vilhelm Stern

Joined Access Partners in 2017. Have

previously worked at Deloitte. Holds an M.Scin Applied Economics

and Finance from Copenhagen Business

School

Jonas Tommila

Joined Access Partners in 2017

Worked previously at Carnegie Investment Bank in Stockholm

David Wahlberg

Experience from PE and corporate finance, most

recently at FSN Capital. Graduate from Stockholm School of Economics and the Royal Institute of

Technology

Jari Wallasvaara

Debt advisory. 20 years in investment banking focusing on equities, M&A and corporate

debt. Most recently at Handelsbanken and

Linnea Advisors