IK Investment to acquire Ondal Holding from Capvis.

IK Investment Partners, a private equity firm, agreed to acquire Ondal Holding, a provider of medical pendant systems used mainly in operating rooms and intensive care units, from Capvis, a Swiss private equity investor. Financial terms were not disclosed. “Ondal, with the support of Capvis, has succeeded in establishing state-of-the-art management and innovation processes, that form a solid foundation for further organic growth. In addition, our innovative products and strong strategic positioning are important factors that will drive Ondal's growth in the future,” Bernd Fabian, Ondal CEO.