Hillenbrand Completes Acquisition of LINXIS Group

LINXIS Group (with IK Investment Partners) Acquires Bakon

July 2, 2021

Manufacturing

LINXIS Group, together with financial partner IK Investment Partners, has acquired Bakon, a Dutch designer and manufacturer of depositing, spraying and ultrasonic cutting machines for the baking and confectionery industries. The deal, purchased from Bakon's managers and investor Rabo Investments, expands LINXIS’s Portion Process capabilities (via Unifiller) and broadens its geographic and product offering in food-processing equipment.

LINXIS Group (IK Partners) Acquires Shaffer from Bundy Baking Solutions

January 5, 2022

Manufacturing

LINXIS Group, backed by private equity sponsor IK Partners, has acquired Shaffer, a manufacturer of industrial horizontal mixers and process equipment, from Bundy Baking Solutions (the Bundy family will remain minority owners). The purchase strengthens LINXIS Group’s Mixing Technologies division by adding Shaffer’s market-leading horizontal mixer capability and supports product development and international expansion in the food and health equipment markets.

IK Partners Invests in Linxea‑Irbis Group

May 31, 2023

Financial Services

IK Partners has made a minority investment in the Linxea‑Irbis Group, joining existing shareholders NextStage AM and Matignon Investissement to support a new phase of accelerated development. The capital will be used to enhance the group's digital platform, expand services and strengthen the management team as Linxea (online savings distribution) and Irbis (structured products) continue to grow; the transaction is subject to AMF approval.

Lone Star Completes Acquisition of Hillenbrand

February 10, 2026

Industrial Services

An affiliate of Lone Star Funds completed the previously announced all-cash acquisition of Hillenbrand in a deal valued at approximately $3.8 billion (about $32 per share). Hillenbrand’s common stock ceased trading and the company will operate under the Hillenbrand name as a privately held company.

Guardian Capital Partners Acquires Team LINX

December 27, 2024

IT Services

Guardian Capital Partners, an operationally focused private equity firm, has acquired Team LINX in partnership with the LINX executive management team. LINX, headquartered in Denver, provides technology infrastructure services for data centers and mission-critical applications across healthcare, financial services, education and other end markets; MidCap Financial provided financing for the transaction.

Hillenbrand Acquires Milacron Holdings Corp.

November 21, 2019

Manufacturing

Hillenbrand, Inc. completed the acquisition of Milacron Holdings Corp. in a cash-and-stock transaction valued at approximately $1.9 billion, with Milacron stockholders receiving cash and Hillenbrand shares. The deal expands Hillenbrand's scale and product portfolio in plastics processing and injection molding, with expected annualized cost synergies of about $50 million within three years.