IK Partners Acquires CONET from H.I.G. Capital

CONET Group Acquires ISB AG

December 15, 2021

IT Services

German IT consulting firm CONET Group has acquired Karlsruhe-based ISB AG, a 250-employee software development and IT consulting firm, to strengthen CONET's capabilities in process automation, software development and digitalisation for the public sector and automotive industry. The deal was supported by CONET's majority investor IK Partners; financial terms were not disclosed.

CONET Technologies Acquires PROCON IT AG

December 12, 2019

IT Services

CONET Technologies, a portfolio company of H.I.G. Capital, has agreed to acquire PROCON IT AG. The deal strengthens CONET's presence in southern Germany and expands its capabilities in SAP Business Intelligence, data intelligence, and cloud solutions; PROCON IT's management will remain in place.

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.

IK Partners Invests in STEIN HGS

January 4, 2022

E-Commerce

IK Partners' Small Cap III Fund has signed an agreement to invest in STEIN HGS GmbH, a Germany-based B2B e-commerce specialist for barrier technology, construction site and facility management supplies. The stake is being acquired from Lennertz & Co. and founder Bodo Stein, both of whom will reinvest alongside IK to support growth, product range expansion and new customer acquisition.

IK Partners Invests in Qconcepts

June 4, 2024

Accounting & Tax

IK Partners' IK Small Cap III fund has acquired a stake in Qconcepts, a leading audit-focused firm headquartered in ’s-Hertogenbosch, the Netherlands. The founding partners significantly reinvested alongside IK; the investment will support Qconcepts' team growth, new client acquisition and capture market opportunities from mandatory ESG/CSRD-related audits.

IK Investment Partners Acquires Groupe NetCo

January 28, 2019

Industrial Services

IK Investment Partners has signed an agreement to acquire Groupe NetCo, a French specialist in preventive and curative maintenance of conveyor systems. NetCo, headquartered in Bordeaux with ~500 employees and 55 agencies, will be the fifth investment for IK's Small Cap II Fund as IK looks to support NetCo's pan‑European expansion; financial terms were not disclosed and closing is subject to French antitrust approval.