Continued strong M&A activity in Q1-Q2 2020
Anecta and Translink Corporate Finance are seeing continued strong M&A activity in the spring despite the current pandemic. Up until May, Anecta performed dozens of transactions in most industries and has now reached a higher total transaction value than the previous year.
In terms of sectors, there is a significantly large interest in e-commerce and hosting with ongoing transaction processes receiving advice from Anecta. In Finland, our Finnish colleagues at Translink Corporate Finance advised the country’s largest e-retailer of watches and jewellery, Keskisen Kello Oy in their sale to A-lehdet Oy at the start of May. The company has a turnover of around SEK 170 million and an annual historical growth of 70%. Anecta further assisted in advising Miss Hosting in the acquisition of Euronic Oy, one of Finland’s most profitable companies in the hosting industry with an EBITDA margin of +60%.
Transaction activities have been high in the healthcare industry where the majority of Anecta’s transactions are in their final phases. We are seeing a clear increase in the number of active and sometimes new buyers in the industry.