IK Investment Partners Acquires Majority Stake in GeoDynamics

November 12, 2020

IK Investment Partners' IK Small Cap II Fund has agreed to acquire a majority stake in GeoDynamics from Sofindev and the company's management team. GeoDynamics, a Kortrijk-based SaaS provider of location-based fleet and mobile workforce management software, will continue to be led by founders Peter Vermeesch and Stijn Stragier who will reinvest alongside IK as the company pursues expansion beyond Belgium.

Buyers
IK Investment Partners
Targets
GeoDynamics
Sellers
Sofindev, Peter Vermeesch, Stijn Stragier
Industry
Cloud & SaaS
Location
West Flanders, Belgium
Transaction Type
Buyout

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