Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Gyldendal acquires 60 pct. of MentorDenmark for DKK 57m
December 13, 2018

Danish-based publishing company Gyldendal has acquired a 60 pct. stake of Danish tutoring company, MentorDanmark, for DKK 57m. MentorDanmark is a tutoring agency for elementary and high school students. The deal values MentorDanmark at DKK 95m. MentorDanmark reported a gross profit of DKK 17m and EBITDA of DKK 5.1m in 2017, corresponding to an EV/EBTIDA multiple of 18.6x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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