IK Investment Partners to Acquire Majority Stake in Innovad Group

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.

IK Partners Acquires Majority Stake in GoodLife Foods

May 30, 2023

Food & Beverage

IK Partners' IK IX Fund has signed an agreement to acquire a majority stake in GoodLife Foods B.V. from Egeria Capital Management, with GoodLife management reinvesting. Headquartered in Breda, Netherlands, GoodLife is a leading European manufacturer of frozen snacks and meal components (over 700 employees across six plants); IK plans to support international expansion and buy-and-build growth.

Innovad Acquires Herbonis (and Wyreside) to Expand Plant‑based Feed Ingredients

April 27, 2023

Agriculture

Antwerp‑based Innovad is acquiring all the shares of Swiss plant‑based bioactives specialist Herbonis and its affiliates (including UK‑based Wyreside) to strengthen its natural specialty feed ingredients and botanicals portfolio. The deal brings Herbonis's Panbonis product and scientific know‑how into Innovad's global commercial platform; Innovad is supported by IK Partners/IK IX Fund in its growth strategy.

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 Investment Partners Acquires Blanchon; Abénex Reinvests

July 19, 2021

Manufacturing

IK Investment Partners has signed an agreement to invest in Blanchon, the French specialist in woodcare and floor coatings, with existing investor Abénex significantly reinvesting alongside the management team led by Guillaume Clément. The transaction — the first investment from IK's Small Cap III fund — remains subject to antitrust approvals and aims to support Blanchon's continued international expansion and external growth strategy.

Kelso & Company Acquires Inovar Packaging Group from AEA Investors

May 23, 2022

Packaging

Funds managed by Kelso & Company (Kelso Fund XI) have acquired a majority interest in Inovar Packaging Group (IGL Holdings I Corp) from AEA Investors. Inovar, a Dallas-based supplier of pressure-sensitive labels, shrink sleeves and flexible packaging with seven US locations, will continue to be led by its existing management team, which remains a meaningful shareholder alongside Kelso.