IK Partners completed an investment in Sterimed Group.

IK Partners, a European private equity firm, completed an investment in Sterimed Group, a provider of sterile medical packaging solutions. Financial terms were not disclosed. "I am proud of the journey Sterimed has taken over the past eight years as well as the unique, entrepreneurial spirit we’ve managed to cultivate alongside rapid growth. We’d like to thank Sagard and our existing partners for their guidance while accompanying us on the journey and are pleased that they have chosen to renew their investment in the Group on this next phase of growth. We are very excited to welcome IK as a new partner to the Sterimed business as we aim to continue our growth in international markets. The IK team has a great deal of experience in the Healthcare sector, as well as a proven track record of supporting European businesses seeking global expansion," Thibaut Hyvernat, Sterimed Chairman and CEO.