Hillenbrand Acquires 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.

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.

Mitie Acquires Linx International Group

April 6, 2023

Professional Services

Mitie has acquired Linx International Group, a UK-based risk management, consulting and security-training business, for £1.2m on a debt-free, cash-free basis. The purchase adds Linx's consulting, technical training (Tavcom) and security management education (PerpetuityARC) capabilities to Mitie's security and intelligence offering to strengthen its risk, assurance and training services ahead of changing legislation such as Protect Duty (Martyn's Law).

Lone Star Funds Acquires Hillenbrand, Inc.

February 10, 2026

Manufacturing

An affiliate of Lone Star Funds has completed the previously announced all-cash acquisition of Hillenbrand, Inc. for an enterprise value of approximately $3.8 billion. The transaction takes Hillenbrand private (its common stock will be delisted) and Lone Star will partner with Hillenbrand's management to execute strategic growth and operational plans.