Extract from our Nordic M&A Newsletter

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B3 acquires 58 pct. of consulting firm Nuway for SEK 45m
May 22, 2019

B3 Consulting Group, a Swedish-based consulting firm with more than 600 FTEs, has acquired Nuway - a system development focussed consulting firm. The purchase price is based on estimates from the press release as 2019 revenue is expected to be SEK 50m and EBITDA to be SEK 12.2m, which will correspond to a 2019 forward EV/EBITDA multiple of 6.5x.

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