IK Investment Partners Acquires LAP GmbH (LAP Laser)

Union Park Capital Acquires Majority Stake in Z-LASER GmbH

January 15, 2021

Manufacturing

Boston-based private equity firm Union Park Capital has made a majority investment in Z-LASER GmbH, a Freiburg, Germany–based designer and manufacturer of laser modules and projection systems. Z-LASER will serve as the core asset in Union Park's newly created holding company, Exaktera, to support future growth and expansion while management remains in place.

IK Investment Partners Acquires Ondal Medical Systems

December 3, 2019

Medical Devices

IK Investment Partners' IK VIII Fund has agreed to acquire Ondal Holding GmbH, a global leader in medical pendant systems, from funds advised by Capvis. Ondal, headquartered in Hünfeld, Germany, operates manufacturing sites in Germany, the US and China and employs over 500 people; IK will partner with management to further grow the company's market position and technology leadership in medical pendants.

IPG Photonics Acquires Innovative Laser Technologies from Generation Growth Capital for $40M

July 11, 2017

Medical Devices

IPG Photonics Corporation has acquired Innovative Laser Technologies, Inc. (ILT) from Generation Growth Capital Fund II, LP for $40 million in cash. ILT, a Minneapolis-based designer and manufacturer of high-precision laser systems for medical device OEMs, will expand IPG's ability to deliver turnkey laser systems and integrated solutions to the medical device market and other end-user industries.

Silver Investment Partners Acquires Crystal Laser Systems GmbH (CryLaS)

March 11, 2021

Manufacturing

Silver Investment Partners (SIP) has acquired Crystal Laser Systems GmbH (CryLaS) from healthcare investor SHS Gesellschaft für Beteiligungsmanagement mbH. CryLaS, a Berlin-based manufacturer of deep‑UV pulsed and CW laser systems serving the semiconductor, biotech and healthcare markets with around 50 employees, will work with SIP to expand product development, production capacity and market reach.

IK Partners Invests in Schwingshandl Automation Technology

February 28, 2024

Industrial Services

IK Partners' IK Small Cap III Fund has signed an agreement to invest in Schwingshandl automation technology GmbH, a Holzhausen (near Linz), Austria-based provider of customised intralogistics automation solutions. The founders, Thomas Schwingshandl and Enrico Larcher, will retain a significant minority stake and Schwingshandl will pursue continued investment in people, broadened service offerings and international expansion with IK's support.

IK Partners (IK IX) Acquires Majority Stake in IG&H

July 12, 2022

IT Services

IK Partners’ IK IX Fund has agreed to acquire a majority stake in Dutch digital transformation consultancy IG&H, with the founding management team reinvesting alongside the fund. IG&H, headquartered in Utrecht with ~350 employees and offices in Lisbon, Porto and Munich, provides consultancy, data analytics, low-code development and proprietary digital solutions for clients in pensions, banking, insurance, retail and healthcare; IK will support international expansion and M&A-driven consolidation.