Announced

IK Partners to acquire a majority stake in BIOBank from Verto Growth and Capital Croissance.

Synopsis

IK Partners, a mid-market private equity firm, agreed to acquire a majority stake in BIOBank, a manufacturer and distributor of bone allografts for orthopaedic, spine, dental and cranio-maxillofacial surgery, from Verto Growth, a growth equity investor, and Capital Croissance, an investor. Financial terms were not disclosed. “We are very much looking forward to teaming up with IK’s highly experienced team, alongside our existing investor base. Their focus on international platform expansion and proven track record in the European Healthcare sector will be crucial to our continued growth as we pursue new markets and product development. We would like to thank Verto and Capital Croissance for their invaluable support thus far and look forward to embarking on this new chapter," Alexandre Tepas, BIOBank CEO.

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