Announced
Financials
Tags
Cross Border
Majority
Pending
France
fire extinguishers
Diversified Industrials
Acquisition
Private
Private Equity
Friendly
Single Bidder
Synopsis
IK Partners, a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK, agreed to invest in Eurofeu Group, a French fire protection firm. Financial terms were not disclosed. "I have been extremely proud of the progress we have made towards becoming a leading player in the French fire protection market. With CAPZA’s backing since July 2020, we have been able to accelerate organic growth and lead an active M&A strategy, allowing us to expand geographically and broaden the Group’s offering to include equipment with more complex capabilities. We would like to thank CAPZA for their support thus far and look forward to partnering with IK and leveraging their pan-European platform to pursue further expansion," Eric Hentgès, Eurofeu CEO.
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