IK Partners completed the acquisition of Tecomatic from PEQ.

IK Partners, a private equity firm completed the acquisition of Tecomatic, a water purification company from PEQ, a private equity firm. Financial terms were not disclosed. “Since merging with Järven Ecotech in 2022, Tecomatic has successfully integrated operations and broadened its product offering, executing numerous projects and establishing a recurring customer base. As we enter the next phase of growth, we are delighted to welcome the IK team, who brings both significant experience and expertise in the Nordics and beyond,” Emil Eriksson, Tecomatic Head of Water Treatment.