IK Investment Partners, a private equity group completed the acquires LAP, one of the world's leading suppliers of systems that increase quality and efficiency through laser projection, laser measurement, and other processes for $202m. LAP represents the IK VIII Fund’s third mid-cap acquisition this year, and the 14th acquisition announced by the Fund. “We were truly impressed of what LAP’s management team has achieved in the past few years. Together we will continue to build on the strong market position, expand the promising QA software offering and enter new application areas. IK is well-positioned to support LAP thanks to our experience in medical technology through our acquisitions of KLINGEL medical metal in 2018 and Marle in 2016,” Anders Petersson, IK Partner.