IK Partners, a private equity firm, agreed to invest in Metrology & Monitoring Solutions Group, a French metrology expert specialising in wireless temperature monitoring solutions. Financial terms were not disclosed. "We are very excited about the prospect of working with the Development Capital team at IK, which has already proven itself to be a leading partner for international small to medium-sized enterprises. We are confident that with their expertise, knowledge of the sector and financial firepower, we will be able to execute on our ambitious M&A plans and growth strategies, embarking on the next stage of international expansion," Pascal Vermeersch, MMS CEO.