IK Partners Acquires Majority Stake in Eurofeu from CAPZA

IK Partners Acquires Checkmate Fire from YFM Equity Partners

March 5, 2024

Construction

IK Partners' IK Small Cap III Fund has signed an agreement to acquire Checkmate Fire, the UK’s largest passive fire protection specialist, from YFM Equity Partners. The management team will reinvest alongside IK and the firm will focus on growing its inspections division, investing in people and technology, and pursuing a targeted M&A strategy to drive further expansion across the UK.

Eurazeo to Acquire Eres Group Stake from IK Partners

April 22, 2024

Financial Services

Eurazeo has signed an agreement to acquire the stake in French fintech Eres Group from IK Partners' IK VIII Fund; financial terms were not disclosed and the transaction is subject to regulatory approvals. Eres, headquartered in Paris, is a leading provider of employee profit-sharing, retirement schemes and asset management with approximately €6.7 billion in assets under management and a distribution network of over 6,600 distributors.

IK Partners Acquires Majority Stake in Kooi

December 4, 2023

Professional Services

IK Partners' IK X Fund has signed an agreement to acquire a majority stake in Kooi European Mobile Security Solutions B.V., a pan-European provider of temporary camera surveillance (TVS) and rising early-detection (RED) solutions. The seller is Bencis Capital Partners together with founder Pieter Kooi and the management team, who will reinvest; Kooi — headquartered in Drachten, the Netherlands — has more than 200 employees and serves customers across 23 countries.

IK Investment Partners and Luxempart Acquire Stake in iM Global Partner from Eurazeo

February 18, 2021

Wealth Management

IK Investment Partners and Luxempart have acquired a minority stake in iM Global Partner from Eurazeo (with Dassault/La Maison selling its stake), while Amundi remains a shareholder. The transaction brings new strategic investors to support iM Global Partner’s international growth and external growth ambitions as it targets significant expansion of assets under management.

HEICO Corporation to Acquire Exxelia from IK Partners (IK VII)

July 28, 2022

Aerospace & Defense

HEICO Corporation has entered into exclusive negotiations to purchase Exxelia from an affiliate of the IK VII Fund. Exxelia, headquartered in Paris and a manufacturer of high-reliability passive components and precision subsystems with ~2,100 employees and ~€190m revenue (FY2022), will broaden HEICO's product portfolio and European footprint pending regulatory approvals.

IK Investment Partners to Acquire Majority Stake in Eres

February 20, 2019

Wealth Management

IK Investment Partners' IK VIII Fund has entered exclusive negotiations to acquire a majority stake in French employee-savings and retirement specialist Eres alongside Eres' management team and employees. The deal will see current investor Parquest Capital exit (or reduce its stake) as IK and management look to accelerate Eres' development; financial terms were not disclosed.