KKR/Smart Metering Systems: Agreed Cheap Offer
KKR takes advantage of depressed share price of Smart Metering Systems, offering a 40% premium. Counteroffer and/or sweetening is possible....
Recommended Private Equity Cash Offer
At 9.8x EV/Fwd EBITDA the offer is not very generous, but a sweetened bid is unlikely. Gross spread of 1.4% is not overly exciting, but the...
Calisen IPO: Offer Price Indicates Discount to Base Case Valuation
Calisen is a meter asset provider. The company has orders to install nearly 6M electric and gas meters by end of 2024.Calisen is expected to raise...
Calisen IPO: Low-Risk Business Model at Attractive Price
Calisen is a Manchester-based smart infrastructure and meter asset provider (MAP). The company is privately owned by KKR and expects to list in...
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