Leading Nordic M&A advisor
Global reach and insight
Distinctive sector knowledge
It’s all about trust

Deloitte Corporate Finance Norway

In Deloitte Corporate Finance, we provide M&A advisory to company owners, entrepreneurs and private equity clients. In close dialogue with our client, we handle every strategic, financial and tactical aspect of the process when either buying or selling a company.

We handle all the intensive workloads from the initial considerations to a successful sale

Sell-side advisory
  • Early Considerations

    Reflections of a sale often arise from a shift in generations of the founding family or with the purpose of finding a partner to support future growth through experience and financial resources. An early dialogue helps to clarify motives and expectations for a potential sale. We assess the best possible exit strategy and design a customised process based on our client’s preferences.

  • Identification of Investors

    The number of investors entering into dialogue within a sales process is based on a range of important considerations. We identify all relevant investors, both globally and locally, based on strategic fit, corporate culture, the ability to finance the investment, etc. Together, we decide on the appropriate strategy for a successful sale.

  • Preparation of Sales Materials

    The sales material is the first impression potential investors have of the company, which is why quality is essential. The material is prepared by us in close collaboration with the management team and highlights the key selling points of the company. Potential investors are provided sufficient information to submit indicative offers while ensuring that sensitive information is not exposed.

  • Market
    Contact

    We handle all investor dialogues from the initial contact to the final negotiations. Essentially, it is important for the seller to connect with the relevant counterparties to discuss the future of the company. We prepare both seller and management team on relevant topics and make sure that they are well prepared for the dialogue.

  • Negotiation and Final Agreement

    We evaluate individual offers in close dialogue with our client and negotiate on their behalf. A successful sale is obtained when finding the best possible partner for the future journey of the company while securing an attractive price and favourable terms for the seller.

Reflections of a sale often arise from a shift in generations of the founding family or with the purpose of finding a partner to support future growth through experience and financial resources. An early dialogue helps to clarify motives and expectations for a potential sale. We assess the best possible exit strategy and design a customised process based on our client’s preferences.

Buy-side advisory

Our team of dedicated M&A professionals advises on the strategic important decision when a client is looking to acquire a minority or majority stake in a company.

We have extensive experience from both sell and buy-side advisory, which enables us to provide the best possible bid and response tactics throughout the bidding process and final negotiations. Based on our distinctive sector knowledge we thoroughly analyse and value the acquisition target and potential synergies. This approach also supports an early identification and resolution of potential issues.

Strategic acquisitions can take a company to new heights by improving, extending or transforming the current business. We assist our clients in developing, prioritising and executing a solid M&A strategy. Our global reach and insight is valuable in identifying and initiating the dialogue with attractive acquisition targets.

Our business model is based on trust and has resulted in long-term client relationships.

Transactions

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Norway
Denmark
Nordvest Nett
Sold to Tafjord

Advised Nordvest Nett AS in the sale of their fibre business to Tafjord

2019
Tjuvholmen Drift
Sold to Newsec

Advised Selvaag Eiendom in the sale of Tjuvholmen Drift to Newsec

2019
M3 Helse
Sold to Credo Partners

Advised M3 Helse in the sale to Credo Partners

2019
Seniorstøtten
Sold to Vanadis Velferd

Advised Seniorstøtten in the sale to Vanadis Velferd

2018
Norsafe
Acquired by Viking Life Saving Equipment

Advised Viking Life Saving Equipment in the acquisition of Norsafe

2018
Tysnes Kraftlag
Sold to BKK

Advised Tysnes Kraftlag in the sale to BKK

2018
Gorm's
Sold to Orkla ASA

Advised the founders of Gorm's in the sale to Orkla ASA

2018
Rapp Marine
Sold to MacGregor

Advised Nord Kapitalforvaltning in the sale of Rapp Marine to MacGregor

2018
Istad

Advised Tussa Kraft in the acquisition of 49% in Istad

2018
Geia Food
Sold to Credo Partners

Advised Geia Food in the sale to Credo Partners

2017
Sansbygg
Sold to consortium led by Melesio

Advised Sans Bygg AS in the sale to a consortium led by Melesio

2017
Nokas
Minority share sold to Triton Partners

Advised minority shareholders in NOKAS in the sale to Triton Partners

2017
Lofotkraft

Advised KLP in the acquisition of 15% in Lofotkraft

2017
Båsum Boring

Advised Veidekke in the acquisition of a majority stake in Båsum Boring AS

2017
Nopco
Sold to Solenis

Advised Glitnir in the sale of Nopco Paper Technology to Solenis

2016
Teknologisk Institutt
Sold to Kiwa

Advised Teknologisk Institutt in the sale to Kiwa

2016
Biokraft

Advised Scandinavian Biogas in the acquisition of a majority stake in Biokraft AS

2016
Momentum Selvkost
Sold to EnviDan

Advised Momentum Selvkost in the sale to EnviDan

2016
Norwegian Deck Machinery
Sold to Palfinger

Advised Norwegian Deck Machinery in the sale to Palfinger

2015
Gas & Diesel Power
Aquired by Mitsubishi

Advised Mitsubishi in the acquisition of Gas & Diesel Power

2015
Telenor
Sale of several subsidiaries of Otrum

Advised Telenor in the sale of certain assets to Otrum

2015
Lakrisgutta
Sold to Orkla

Advised Lakrisgutta in the sale to Orkla

2015
Ocea
Aquired by Steinsvik

Advised Steinsvik in the acquisition of Ocea

2015
Prediktor Medical

Manager - share issue in Prediktor Medical of NOKm 50

2015
Trønder Energi

Advised KLP in the acquisition of 10% in Trønder Energi

2015
Mørenett

Exclusive financial advisor to Tafjord and Tussa in the merger of their two grid companies creating Mørenett

2014
Hepro
Sold to Nord Kapitalforvaltning

Advised Hepro in the sale to Nord Kapitalforvaltning

2014
Tirb
Sold to Boreal

Advised Hurtigruten in the sale of Tirb to Boreal

2014
Assistermeg
Sold to team:olivia

Advised Assistermeg in the sale to team:olivia

2014
Siemens

Advised NOKAS in the acquisition of a alarm portfolio from Siemens

2013
Expert

Advised Dolphin Invest in the acquisition of shares in Expert

2012
Ica Maxi

Advised a buyer consortium in the acquisition of Ica Maxi

2012
Living
Merger with Skeidar

Advised Living in the merger with Skeidar

2012
Nille
Acquired by BC Partners

Advised BC Partners in the acquisition of Nille

2011
XXL
Sold to EQT

Joint advisor to XXL in the sale to EQT

2010
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Orbicon
Sold to WSP

Advised Hedeselskabet in the sale to WSP

2019
Ellab
Acquired by EQT Partners

Advised EQT Partners in the acquisition of Ellab

2019
Massive Catering
Sold to Løgismose Meyers

Advised the owner of Massive Catering in the sale to Løgismose Meyers

2019
Venair
Sold to Bravida

Advised Kemp & Lauritzen in the divestment of Venair to Bravida

2019
Miracle
Sold to IT Relation

Advised Miracle in the divestment of its hosting and database related services to IT Relation

2019
CEGO
Sold to management and VIA Equity

Advised Danske Spil in the divestment of CEGO to management and VIA Equity

2019
Phase One
Acquired by Axcel

Advised Axcel in the acquisition of Phase One

2019
Optimera Denmark
Sold to Davidsens Tømmerhandel

Advised Saint Gobain Denmark in the divestment of Optimera Denmark

2019
Dansk Sundhedssikring
Acquired by AnaCap

Advised AnaCap Financial Partners in the acquisition of Dansk Sundhedssikring

2019
European Sperm Bank
Sold to Axcel

Advised the owners of European Sperm Bank in the sale to Axcel

2019
Ball Group (Zizzi)
Sold to Findos Investor

Advised Axcel in the sale of Ball Group (Zizzi) to Findos Investor

2019
TivoliCasino.dk
Acquired by Danske Spil

Advised Danske Spil in the acquisition of the activities relating to TivoliCasino.dk

2019
Netteam
Acquired by GlobalConnect/Broadnet

Advised GlobalConnect/Broadnet in the acquisition of Netteam

2019
STENHØJ Group
Sold to Nexion S.p.A.

Advised the Dyøe family in the majority sale of STENHØJ GROUP to Nexion S.p.A.

2019
Stigsnæs
Sold to Stigsnæs Industripark A/S

Advised Ørsted in the divestment of Stigsnæs Power Station and Stigsnæs Transit Harbour

2019
Mobilhouse
Sold to Adelis

Advised the owner of Mobilhouse in the sale to Adelis Equity Patners

2019
Hotel Ritz
Sold to Milling Hotels

Advised the owner of Hotel Ritz in the sale to Milling Hotels

2019
Kähler
Acquired by Rosendahl

Advised Rosendahl in the acquisition of Kähler

2018
Rekom
Sold to Catacap

Advised the shareholders of Rekom Group in the sale to Catacap

2018
Stjernegaard Rejser
Sold to Aller Leisure A/S

Advised Stjernegaard Rejser in the sale to Aller Leisure A/S

2018
DKI Plast
Sold to KB Components

Advised the Nielsen family in the sale of DKI Plast s.r.o. to KB Components

2018
Roblon
Investment in the wind turbine industry

Advised Roblon A/S in the acquisition of production assets for the supply of parts to the wind turbine industry

2018
Norsafe
Acquired by Viking Life Saving Equipment

Advised Viking Life Saving Equipment in the acquisition of Norsafe

2018
Gorm's
Sold to Orkla ASA

Advised the founders of Gorm's in the sale to Orkla ASA

2018
P. Hermansen
Sold to Bravida

Advised P. Hermansen in the sale to Bravida

2018
Dinex
Sold to 3C Groups

Advised Dinex in the partnership agreement with 3C Groups

2018
Hotel City
Sold to Secure Fondsmæglerselskab

Advised the shareholders of Hotel City in the sale to Secure Fondsmæglerselskab

2018
Roblon Engineering
Sold to Erhvervsinvest

Advised Roblon A/S in the carve-out and concurrent sale of the majority of Roblon Engineering to Erhvervsinvest

2018
Søgemedier
Sold to Adelis

Advised Søgemedier in the sale to Adelis Equity Partners

2018
Elite Miljø
Sold to Coor

Advised Elite Miljø in the sale to Coor

2018
Geia Food
Sold to Credo Partners

Advised Geia Food in the sale to Credo Partners

2017
Nykredit
Fairness Opinion to Forenet Kredit

Fairness Opinion to Forenet Kredit in the sale of a minority stake to a consortium led by PFA

2017
Fitness World
Acquired by FSN

Advised FSN Capital in the acquisition of Fitness World

2015
Nianet
Acquired by EQT and GlobalConnect

Advised EQT and GlobalConnect in the acquisition of Nianet

2017
GlobalConnect
Sold to EQT

Advised GlobalConnect in the sale to EQT Infrastructure

2016
Oase Outdoors
Sold to Ratos

Advised Oase Outdoors in the sale to Ratos

2016
ferm LIVING
Sold to Vendis

Advised ferm LIVING in the sale to Vendis Capital

2016
Sondex
Sold to Danfoss

Advised Sondex in the sale to Danfoss

2016
Icotera
Sold to Maj Invest

Advised Icotera in the sale to Maj Invest

2017
JKF Industri
Sold to Groupe SFPI

Advised Maj Invest in the divestment of JKF Industri to Groupe SFPI

2017
Nygart
Sold to Akademikliniken

Advised Nygart in the sale to Polaris’ portfolio company Akademikliniken

2016
V2 Tobacco
Sold to Swedish Match

Advised V2 Tobacco in the sale to Swedish Match

2017
dominus
Sold to Nordomatic

Advised TREFOR in the divestment of dominus to Adelis Equity Partners’ portfolio company Nordomatic

2016
Nordtronic
Sold to SLV

Advised Nordtronic in the sale to SLV

2016
Arepa
Sold to Envista Forensics

Advised Arepa in the sale to Envista Forensics

2017
Netcompany
Acquired by FSN

Advised FSN Capital in the acquisition of Netcompany

2015
NKT Cables (APAC)
Sold to Srising Technology

Advised NKT Cables APAC in the sale to Srising Technology

2016
Digizuite
Acquired by EWII

Advised EWII in the acquisition of Digizuite

2017
Jørgen Kruuse
Sold to Henry Schein

Advised Jørgen Kruuse in the sale to Henry Schein

2015
GPV International
Sold to Schouw & Co

Advised GPV International in the sale to Schouw & Co

2016
Covidence
Sold to Montagu

Advised Covidence in the sale to Montagu Private Equity

2015
EET Europarts
Acquired by FSN

Advised FSN Capital in the acquisition of EET Europarts

2015
Stauning Whisky
Sold to Diageo

Advised Stauning Whiskey in the sale of shares to Diageo

2015
DEAS
Acquired by Montagu

Advised Montagu Private Equity in the acquisition of DEAS

2015
Norrecco & City Container
Acquired by Agilitas

Advised Agilitas in the acquisition of Norrecco & City Container

2015
Pitzner
Sold to CataCap

Advised Pitzner Materiel in the sale to CataCap

2015
LauRie
Sold to Industri Udvikling

Advised LauRie in the sale to Industri Udvikling

2015
Cabinplant
Sold to CTB, a subsidiary of Berkshire Hathaway

Advised Cabinplant in the sale to CTB (subsidiary of Berkshire Hathaway)

2016
Solar Deutschland
Sold to Sonepar

Advised Solar Group in the divestment of Solar Deutschland to Sonepar

2015
Pagunette
Sold to Leaf Holding

Advised Pagunette in the sale to Leaf Holding

2015
Tican
Sold to Toennies

Advised Tican in the sale to Toennies Lebensmittel

2015
Maersk Broker Agency
Acquired by Shipping.dk

Advised Shipping.dk in the acquisition of Maersk Broker Agency

2015
USAtours
Sold to TemaTours

Advised USATours.dk in the sale to TemaTours

2015
WindowMaster
Acquired by Erik Boyter

Advised Berkshire Boyter Holding in the acquisition of WindowMaster from VKR Holding

2015
Prime Cargo
Sold to Mitsui-Soko

Advised Prime Cargo in the sale to Mitsui-Soko Group

2015
Østjydsk Bank, Randers & Gjerlev branches
Sold to Jutlander Bank

Advised Østjydsk Bank in the sale of branches in Randers and Gjerlev to Jutlander Bank

2015
Nørresundby Bank
Sold to Nordjyske Bank

Advised Nordjyske bank in the rights issue & the public takeover of Nørresundby Bank

2015
Bazoom
Sold to NORDJYSKE Medier

Advised Bazoom in the sale to NORDJYSKE Medier

2015
Itplaneten
Sold to C2IT

Advised Itplaneten in the sale to C2IT

2015
Ciconia
Sold to Privathospitalet Mølholm

Advised Ciconia in the sale to Privathospitalet Mølholm

2014
Kartoffel-Kompagniet
Sold to Wernsing Feinkost

Advised Kartoffel-Kompagniet in the sale to Wernsing Feinkost

2014
NGI
Sold to Adelis

Advised NGI in the sale to Adelis Equity Partners

2014
CEGO
Sold to Danske Spil

Advised Danske Spil in the acquisition of CEGO

2014
Lyngsoe Systems
Sold to CataCap

Advised Lyngsoe Systems in the sale to Catacap

2014
Previa
Sold to Falck

Advised TryghedsGruppen in the sale of Previa to Falck

2014
Quick Care
Sold to Falck

Advised TryghedsGruppen in the sale of Quick Care to Falck

2014
Arhus Charter
Sold to Primo Tours

Advised Århus Charter in the sale to Primo Tours

2014
Tvilum
Sold to Revolution

Advised Masco in the divestment of Tvilum to Revolution

2013
DiBa Bank
Sold to Sydbank

Advised DiBa Bank in the public takeover by Sydbank

2013
Nyhavn Rejser
Sold to Aller Media

Advised Nyhavn Rejser in the sale to Aller Media

2013
ABC Mokka
Sold to Miko

Advised ABC Mokka in the sale to Miko Coffee

2013
Sahva
Sold to Management

Advised TryghedsGruppen in the sale of Sahva to the management of Sahva

2013
Team Online
Sold to EG

Advised Team Online in the sale to EG

2014
Sport-Master
Sold to Nordic Capital

Advised Sport-Master in the sale to Nordic Capital

2012
IDdesign
Sold to Jysk

Advised Axcel in the sale of IDdesign to Jysk

2013
ISS Document
Sold to Post Danmark

Advised ISS Document in the sale to Post Danmark

2013
Welltec
Sold to PFA Pension

Advised Welltec on the private placement of shares to PFA Pension

2013
Rutebilselskabet Haderslev
Sold to Tide

Advised Tide in the acquisition of Rutebilselskabet Haderslev

2013
Aurora
Sold to Deltaco

Advised Solar Group in the divestment of Aurora Group to Deltaco

2013
EMT Nordic
Sold to SE Blue Equity

Advised SE Blue Equity in the acquisition of EMT Nordic

2013
Syddanske Medier
Sold to Den Sydvestjydske Venstrepresse

Advised Den Sydvestjydske Venstrepresse in the acquisition of Syddanske Medier from Berlingske Media

2013
Independent stores
Sold to Matas A/S

Advised the independent store owners in the sale to Matas A/S

2016
Højbjerg Maskinfabrik

Advised Højbjerg Maskinfabrik in the evaluation of strategic opportunities and debt refinancing

2014
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Our Team

Norway
Denmark
Carsten V. Haukås
Head of Corporate Finance
Oslo
Ragnar Nesdal
Head of Power & Utilities
Bergen
Allan Glomlien
Director
Oslo
Rene Bostrøm
Director
Oslo
Rollef Ø. Krabberød
Financial Services - Senior Manager
Oslo
Lars Magne Rønnekleiv
Senior Manager
Bergen
Ingeborg Hole Greve
Manager
Oslo
Kasper Harbitz Erichsen
Manager
Oslo
Mads Haug Johansen
Senior Consultant
Oslo
Oskar Hole
Senior Consultant
Oslo
Andreas Barfod
Senior Consultant
Oslo
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Sigurd Ersted Jensen
Managing Partner
Copenhagen
Peter Sandfeld Olesen
Managing Partner
Copenhagen
Mads Damborg
Equity Partner
Aarhus
Søren Nørgaard
Partner
Copenhagen
Tore Stürmer Heyden
Partner
Copenhagen
Kasper Svold Maagaard
Partner
Copenhagen
Niels Stoustrup
Partner
Copenhagen
Jan Ebbesen
Director
Copenhagen
Lise Korsager Ørtoft
Director
Copenhagen
Per Dyrberg Mortensen
Director
Copenhagen
Jonas P. Knudsen
Director
Copenhagen
Preben Krab Larsen
Director
Copenhagen
Thomas Flø Jensen
Vice President
Copenhagen
Nikolaj Kirkegaard
Senior Associate
Copenhagen
Thor Høgenhaug
Senior Associate
Aarhus
Mikkel Zenssus Kold Hansen
Senior Associate
Copenhagen
Alexander Overgaard Andersen
Senior Associate
Copenhagen
Jens Grosbøl
Senior Associate
Copenhagen
Martina Pejic
Senior Associate
Copenhagen
Lars Kallesøe
Senior Associate
Aarhus
Dennis Brix Reichhardt
Senior Associate
Copenhagen
Christian Kærgaard Pedersen
Senior Associate
Aarhus
Rasmus Davidsen Rejnhardt
Senior Associate
Aarhus
Henrik Hvid Thøgersen
Associate
Copenhagen
Anders Bækgaard Christensen
Associate
Copenhagen
Christian Nielsen
Associate
Aarhus
Sebastian Kvist Guldberg
Associate
Aarhus
Gabriela Christina Nørlinger
Associate
Copenhagen
Andreas Thulstrup Pedersen
Associate
Aarhus
Mikkel Behrens Mæhlum
Associate
Copenhagen
Klaus Hasselgren Strange
Associate
Copenhagen
Julie Ravn-Larsen
Analyst
Copenhagen
Jonas Faarup
Analyst
Copenhagen
Andreas Piil Pedersen
Analyst
Copenhagen
Nicholas Ubøe
Analyst
Copenhagen
Sarah Wassermann Hansen
Analyst
Copenhagen
Frederik Holm Andersen
Analyst
Aarhus
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Career

We are looking for talented people, who strive to make an impact that matters

Deloitte Corporate Finance is a leading Nordic M&A adviser and we have an increasing high level of activity. As employee, whether straight out of school or experienced, this forms the best possible foundation of obtaining M&A experience from day one.

We offer a unique career opportunity with highly competent colleagues, a steep learning curve and the opportunity of taking your career from learning to leadership. Expect international exposure through interaction with colleagues, clients and potential investors across the world.

Having fun at work is an important part of our culture, as we believe it fosters stronger team spirit and happy employees. Our working environment is characterised by a high degree of involvement and interaction across all levels of seniority on every project.

We continue to expand our footprint in the Nordic M&A market, which is why we are always looking for ambitious and talented individuals with a strong drive to join our team. Open positions and events will be posted here and at our LinkedIn.

Follow Deloitte on LinkedIn

Contact

Carsten Vilhelm Haukås
Head of Corporate Finance, Norway
+47 915 55 035
Oslo

Dronning Eufemias gate 14
0191 Oslo
Norge

Bergen

Lars Hilles gate 30
5008 Bergen
Norge