IK to acquire Checkmate Fire from YFM Equity.

IK, a private equity firm, agreed to acquire Checkmate Fire, a fire protection specialist, from YFM Equity, a private equity firm. Financial terms were not disclosed. “IK’s track record of supporting businesses in the fire protection market, combined with our position as UK’s leading passive fire specialist, means we are best placed to drive future growth in a market with attractive dynamics,” John Lewthwaite, Checkmate Fire CEO.