IK Partners to Acquire Carved-Out Parts of PwC Norway Audit, Consulting and Tax & Legal Businesses

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 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.

Vitruvian Partners Acquires Aspia AB from IK Partners

October 26, 2023

Accounting & Tax

Vitruvian Partners has agreed to acquire Aspia AB, a leading technology-enabled provider of accounting, payroll, tax and advisory services, from IK Partners. The deal will support Aspia's continued growth across the Nordics and further investment in its digital platforms; financial terms were not disclosed and completion is subject to regulatory approvals.

IK Partners Acquires Dains Accountants from Horizon Capital

December 16, 2024

Accounting & Tax

IK Partners has acquired Dains Accountants from Horizon Capital. The sale sees Horizon Capital realise its investment after supporting Dains' buy-and-build growth (10 add-on acquisitions since 2021) and delivering strong returns; Dains is a UK-based accounting and business advisory group serving SMEs across the UK and Ireland.

Adelis Equity Partners Forms Cedra Norway via Acquisition of Deloitte Norway’s SMB Audit and Advisory Business

August 11, 2025

Professional Services

Adelis Equity Partners is carving out Deloitte Norway’s SMB audit and advisory business and forming a new standalone platform entity, Cedra Norway, in partnership with former Deloitte partners. The carve-out is expected to close in December 2025, subject to regulatory approvals, with Cedra Norway projected to have NOK 500m in revenues and over 300 professionals across 13 locations.

IK Partners Acquires Majority Stake in FCG Group AB from Bridgepoint

January 19, 2022

Consulting

IK Partners' Small Cap III Fund has signed an agreement to acquire a majority stake in Stockholm-headquartered GRC services provider FCG Group AB from Bridgepoint Group plc. Management and key employees are reinvesting and will remain significant shareholders; IK plans to support FCG's international growth and expand its service offering in areas such as ESG and GRC technology. The transaction is subject to customary regulatory approvals and was expected to close in Q2 2022; financial terms were not disclosed.