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New Deal


Announced

Completed

Nordian Capital completed the acquisition of a majority stake in MYLAPS from HAL.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Completed

Private

electronics products

Electrical Components

Netherlands

Private Equity

Single Bidder

Acquisition

Majority

Domestic

Friendly

Synopsis

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Nordian Capital, an investment firm, completed the acquisition of a majority stake in MYLAPS, a provider of sports timing systems and services, from HAL. Financial terms were not disclosed. Together with the management of MYLAPS, Nordian wants to give the company a new growth impulse. The focus is on the further development and global roll-out of the new product portfolio in timing, tracking and race control for all kinds of sports.

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