IK Investment Partners Acquires Groupe NetCo

Ardian Acquires Stake in NetCo Group

June 17, 2021

Industrial Services

Ardian (via its Expansion team) has acquired a stake in NetCo Group, the Bordeaux‑headquartered European leader in design and maintenance of industrial conveyor systems, in a deal that follows prior investments from IK Investment Partners and Andera Partners. The Perriez founding family remains involved and Ardian will support NetCo’s continued organic growth and international expansion and bolt‑on strategy across Europe.

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.

IK Investment Partners to Acquire Majority Stake in Innovad Group

February 17, 2021

Veterinary

IK Investment Partners' IX Fund has entered exclusive discussions to acquire a majority stake in Innovad Group from founder and CEO Jamal Al‑Saifi. The transaction — which includes Italian feed additives supplier Add‑Co Nutrition becoming a full subsidiary — will see co‑founder Ben Letor become CEO and reinvest alongside management; financial terms were not disclosed and closing is subject to regulatory approvals.

IK Partners Acquires CONET from H.I.G. Capital

October 26, 2021

IT Services

IK Partners' IK IX Fund has signed a definitive agreement to acquire a majority stake in CONET from H.I.G. Capital, with CONET's management investing alongside IK. CONET is a German IT consulting, systems-integration and software development firm focused on public-sector and enterprise digital transformation, employing over 1,100 people across Germany, Austria and Croatia; the deal is subject to antitrust clearance.

IK Partners Acquires Majority Stake in BIOBank

May 29, 2024

Medical Devices

IK Partners (via its IK Small Cap III fund) has agreed to acquire a majority stake in French tissue bank BIOBank from Verto Growth, Capital Croissance and management, who will reinvest. BIOBank, headquartered in Lieusaint, France, is a leading processor and distributor of bone allografts for orthopaedic, spine, dental and cranio‑maxillofacial surgery; IK plans to support market-share gains in France, accelerate international expansion and pursue a buy‑and‑build strategy.

IK Investment Partners Acquires Majority Stake in ALBA Baving Group

November 6, 2020

Environmental Services

IK Investment Partners' IK Small Cap II Fund has agreed to acquire a majority stake in ALBA Baving Group from the founding Baving family. ALBA is a German provider of municipal infrastructure cleaning and maintenance services (street sweeping, sink-box cleaning, highway maintenance, winter and greenspace services); IK will support management to accelerate organic growth and expand the company's service offering. Financial terms were not disclosed and the transaction remains subject to regulatory approval.