Announced

IK Partners to acquire a majority stake in Batisanté from LGT Capital Partners.

Synopsis

IK Partners, a European private equity firm, agreed to acquire a majority stake in Batisanté, a compliance and safety services provider, primarily servicing residential buildings and professional customers, from LGT Capital Partners, an investment firm. Financial terms were not disclosed. "Having joined the Company in 2019, I have had the pleasure of leading the Group through a significant period of growth. Our success is due to the vast range of services we provide and our best-in-class operations. We rely on a dedicated team of experts who provide unrivalled support to all our clients. We thank LGT for their support to date and warmly welcome IK as we continue on our journey. I have no doubt that their experience and expertise will help us take the Company even further," Nicolas Milesi, Batisanté CEO.

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