IK Partners Acquires Checkmate Fire from YFM Equity Partners
March 5, 2024
IK Partners' IK Small Cap III Fund has signed an agreement to acquire Checkmate Fire, the UK’s largest passive fire protection specialist, from YFM Equity Partners. The management team will reinvest alongside IK and the firm will focus on growing its inspections division, investing in people and technology, and pursuing a targeted M&A strategy to drive further expansion across the UK.
- Buyers
- IK Partners (IK Small Cap III Fund)
- Targets
- Checkmate Fire
- Sellers
- YFM Equity Partners
- Industry
- Construction
- Location
- West Yorkshire, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Checkmate Fire Acquires Rosse Systems
August 11, 2021
Industrial Services
YFM-backed Checkmate Fire has joined forces with Rosse Systems, an active fire and life-safety specialist based in Shipley, West Yorkshire. The transaction expands Checkmate's capabilities from passive fire protection into active fire alarms, emergency lighting, CCTV, intruder alarms and monitoring, broadening the group's product offering and UK market reach.
-
IK Partners Acquires Majority Stake in Eurofeu from CAPZA
February 13, 2024
Industrial Services
IK Partners' IK X Fund has entered into exclusive negotiations to acquire a majority stake in Eurofeu Group from CAPZA, with Eurofeu management reinvesting. Eurofeu is a French fire protection installer, maintainer and manufacturer with ~1,850 employees across 42 agencies and two production sites; IK plans to support the Group's continued buy-and-build strategy and European expansion.
-
IK Investment Partners Acquires Majority Stake in You Sure
October 8, 2020
Insurance
IK Investment Partners, through its IK Small Cap II Fund, has agreed to acquire a majority stake in You Sure Investments B.V. from Synergia Capital Partners. The Netherlands-based insurance distribution platform, which operates as a broker and Managing General Agent (MGA) serving over 60,000 customers with more than 130 employees, will partner with IK to pursue further consolidation and organic growth in the P&C insurance market.
-
IK Partners Acquires Minority Stake in A-SAFE
April 23, 2024
Manufacturing
IK Partners’ Partnership Fund II has acquired a minority stake in A-SAFE from the Smith family, with the family remaining significantly invested. A-SAFE, a Yorkshire-based manufacturer of industrial polymer safety barrier systems with over 700 employees and customers in 50+ countries, will use the partnership to accelerate global expansion, product development and innovation; financial terms were not disclosed.
-
SK Capital Partners Acquires Isolatek International
August 29, 2023
Building Products
Funds advised by SK Capital Partners, LP have acquired Isolatek International, a market-leading manufacturer and supplier of passive fireproofing technologies based in Stanhope, New Jersey. Terms were not disclosed; debt financing was provided by Bank of America and SK Capital said it will leverage its specialty materials expertise and portfolio to drive Isolatek's next phase of growth.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.