IK Partners to invest in Francks Kylindustri.

IK Partners, a private equity firm, agreed to invest in Francks Kylindustri, a provider of installation and maintenance of commercial and industrial refrigeration systems. Financial terms were not disclosed. “We are excited to embark on this next phase of growth as we look to further strengthen our position as a leading Nordic industrial and commercial cooling specialist. We are incredibly proud of all that we have achieved so far, having successfully completed 31 acquisitions and established eight greenfield sites, with the support of the team at Amplio. With IK’s expertise and strong track record of investment in the Nordics and beyond, we are confident in our ability to achieve further growth and continue to provide high-quality services and solutions to our loyal customers. We’d like to take this opportunity to thank Marcus and his team at Amplio for their support over the past six years and look forward to welcoming Maria and her team at IK,” Sören Jensen, Francks CEO.