Announced

IK Partners to acquire a majority stake in Kooi European Mobile Security Solutions from Bencis Capital.

Synopsis

IK Partners, a private equity firm, agreed to acquire a majority stake in Kooi European Mobile Security Solutions, a provider of temporary camera surveillance and rising early-detection solutions, from Bencis Capital, an independent investment company. Financiall terms were not disclosed. “We have been impressed with Kooi’s track record to date and its ability to continuously evolve its offering to meet the needs of its customers. It has a well-established presence in the TVS market with further growth potential which can be unlocked in the years to come, particularly in those European markets where IK itself has a recognised footprint. With this solid foundation in place, we look forward to collaborating with Peter and the team to develop the Company further,” Remko Hilhorst, IK Managing Partner.

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