IK Partners related stories
All articles and analysis
US auto bailout to aid buyout firmsMany private equity firms have exposure to the US auto sector that was teetering on the edge of collapse. The US government's multi-billion efforts to prop up the big three US auto makers will accordingly affect many portfolios, not just Cerberus'.
- Carlyle sells vehicle parts maker to General Dynamics
The US-based mega-buyout firm has exited AxleTech International at a time when the US auto industry is struggling for survival. It purchased the company from Wynnchurch Capital in 2005.
- IK sells Dutch retail firm for €500m
Wehkamp, the biggest online fashion, lifestyle and electronics retailer in the Netherlands, has been sold to a group of private investors, enabling IK Investment Partners to exit with returns of five times its initial investment.
- Advent adds ex-Fiat CEO as operating partner
Paolo Cantarella joins the 50-some operating partners who advise the global midmarket firm. The former Fiat chief currently is a non-executive director of Italian private equity real estate firm Inpartner and Italian utilities firm Iride.
- EQT opens in Warsaw
The Nordic buyout firm is joining the likes of IK Partners, Candover and Advent as it seeks to take a slice of the Central and Eastern European market. Piotr Czapski, a technology specialist, will lead the push.
- WL Ross increases stake in European auto supplier
The turnaround investor now holds 75 percent of Wagon following a €47m special rights offering. London Stock Exchange-listed Wagon designs vehicle structures for brands including Peugeot, Renault, Daimler and Volkswagen.
- EVCA refreshes board
The EVCA has appointed 11 new mid-market members to its board of directors. Named as its board chairman in June, 3i's Jonathan Russell has said the EVCA must help the public understand that most market participants are not mega-firms involved in headline-grabbing deals, but focus on fuelling SME growth.
- IK enters Central and Eastern Europe
The European mid-market firm has turned its attention to Central and Eastern Europe with the secondary buyout of a Polish manufacturer of rail freight buffers from Advent. The region is becoming a private equity hotspot, but IK will be proceeding with care.
- Industri Kapital CEO becomes executive chairman
The European buyout firm’s chief executive, Björn Savén, has become executive chairman.
- Industri Kapital sells ELFA to trade
The European buyout firm has made a quick exit on the catalogue business after achieving its goals much earlier than it anticipated.