IK Partners to invest in Linxea-Irbis Group.

IK Partners, a mid-market European private equity group, agreed to invest in Linxea-Irbis Group, a provider of financial and savings products. Financial terms were not disclosed. “We have been thoroughly impressed with the Group’s journey to date, especially in the way in which it has led the market in terms of offering innovative solutions which capitalise on market disruption. We are delighted at the level of confidence bestowed upon us by the Group’s management team as well as shareholders and we look forward to working with them to actively contribute to its continued development," Pierre Gallix, IK Managing Partner.