Announced
Synopsis
IK Small Cap II Fund has completed its first transaction in the Benelux by acquiring 2Connect, a leading manufacturer of specialised cables and connectors, from the van der Put family. The founder will reinvest alongside the Fund. Financial terms were not disclosed. “The market for speciality cables is expected to grow as automation, miniaturisation and digitisation drive increased connectivity. 2Connect’s unique combination of in-house tailored design and low to medium volume manufacturing capabilities puts the company in a strong position to further develop its offering and gain market share. We are delighted to be the preferred partner for the future for Marc and his team." Sander van Vreumingen, IK Investment Partner.
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