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LETT assists in sale of NN Markedsdata

01 Sep 2016

On 31 August 2016, the listed Swedish equity fund Ratos announced its acquisition of NN Markedsdata, completed through its subsidiary Bisnode. LETT advised the owners of NN Markedsdata in connection with the transaction.

NN Markedsdata was established in 1997 and today employs 40 members of staff. The acquisition brings the Bisnode staff up to 110 members and the Bisnode annual revenue will reach DKK 180m in Denmark.

- I see a strategically sound match between the two businesses. Our ambitions, goals and directions match and continuing our journey as one united team makes really good sense. This is a perfectly natural step for NN Markedsdata and I welcome the opportunity to generate more growth for our customers and create an even better workplace for all of us, says Ivan J. Christiansen, CEO of NN Markedsdata.

Matter Type
M&A: Seller's Counsel
Industry
Other
News Category
M&A