mynth
02/2024

INAQ acquired by TORGHATTEN AQUA

NORWAY Professional Services / Consulting & Audit / Strategy & Management REV 10M - 30M NOK

Context

The acquisition of INAQ by Torghatten Aqua is a strategic move to strengthen the company's position in the seafood industry. The deal allows Torghatten Aqua to expand its services to include consultancy and advisory services, catering to the needs of seafood businesses in Norway and internationally. The acquisition also provides INAQ with access to a strong network and industrial owners, ensuring its position as an independent and standalone player in the industry. The deal is expected to create synergies between the two companies, particularly in the development and dissemination of knowledge and expertise. The acquisition is also seen as a positive move for INAQ's employees, who will become owners of 34% of the company. The deal is expected to contribute to the growth and development of both companies, aligning with their ambitious strategies and plans. The acquisition is a significant milestone for Torghatten Aqua, marking its entry into the consultancy sector and expanding its presence in the seafood industry. The deal is also expected to have a positive impact on the industry as a whole, promoting sustainable practices and contributing to the development of the seafood sector.

INAQ, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

INAQ AS is a leading consultancy company in the Norwegian seafood industry, providing advisory services to seafood companies and related businesses both nationally and internationally. The company assists seafood companies with strategic development and management support, and also provides expertise in sustainability and corporate governance. With a strong focus on the seafood sector, INAQ has worked closely with various companies to develop groundbreaking ideas and solutions for a more sustainable aquaculture industry. The company was established in 2000 and has since become a key player in the development of several significant players within the seafood sector. INAQ's employees have high competence, extensive experience, and deep insights into the seafood industry, making them a valuable asset to the company. The company's services include strategic development, transaction support, and general advisory services, catering to the needs of seafood businesses in Norway and internationally.

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Historical Financials (NOK)

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REFERENCES

Revenue range: 10M - 30M NOK

EBITDA range: 0M - 5M NOK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INAQ by TORGHATTEN AQUA are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: inaq

Acquirer: torghatten aqua