Rivean Capital to acquire 2Connect from IK Partners.

Rivean Capital, an European mid-market private equity firm, agreed to acquire 2Connect, a company designs, develops and produces cables, connectors, packaging and interconnection modules for a broad range of applications, from IK Partners, a mid-market European private equity group. Financial terms were not disclosed. “We are delighted to have enjoyed a successful partnership with IK, which has seen 2Connect grow beyond all expectations and deliver on its strategic goals as a business and for our customers. Having expanded our footprint internationally we are delighted to welcome Rivean Capital on board for the next stage of the journey,” Mark van den Heuvel, 2Connect CEO.