IK Partners Acquires Renta Group Oy
November 30, 2021
IK Partners’ IK IX Fund has signed an agreement to acquire Renta Group Oy from Intera Partners, with management and employees reinvesting; financial terms were not disclosed. Renta is a full-service construction and equipment rental provider operating 103 depots across the Nordics and Poland with more than 1,000 employees and ~€300m in revenues; IK will support geographic expansion into continental Europe, further add-ons and digital platform roll-out.
- Buyers
- IK Partners
- Targets
- Renta Group Oy
- Sellers
- Intera Partners
- Industry
- Industrial Services
- Location
- Finland
- Transaction Type
- Buyout
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