IK Investment Partners
Encyclopedia
IK Investment Partners is a leading European private equity
firm, focusing on investments in the Nordic
region, Benelux
, France
and Germany
. Since inception, the firm has raised a total of €5.7 billion in investor commitments. The firm invests primarily in middle market companies.
The firm, which is headquartered at Brettenham House in London
has offices in Hamburg
, Paris
and Stockholm
. IK operates through six investment teams covering Benelux
, Denmark
, Norway
, Finland
, France
, Germany
/CEE
and Sweden
.
SAC closed with approximately €108 million in commitments mainly from Scandinavian investors.
In the year 1993 Industri Kapital became independent through the buyout of SAC’s assets and activities from Skandinaviska Enskilda Banken, the parent of Enskilda Ventures. SAC’s was renamed the Industri Kapital 1989 fund. In the same year the company established offices in Stockholm and Oslo.
In 1997 Industri Kapital inaugurated its Hamburg office and closed its third fund, IK 1997, with commitments of €750 million. The year after the firm completed it first investment in Germany.
The fourth fund, IK 2000, closed with €2.2 billion in commitments in the year 2000. IK 2000 made its first investment in France. Five years later, in 2005 Industri Kapital closed its fifth fund, IK 2004, with €825 million in commitments. The firm's Paris office was opened the year after.
In the year 2007 Industri Kapital closed its sixth fund, IK2007, with commitments of €1.7 billion.
The first investment in Poland was being made with the IK 2004 fund in year 2008. The transaction is IK’s first direct investment in the region and marks the start of the firm’s plans to invest directly in Poland, Czech Republic, Slovakia, Hungary and the Baltic States, in addition to its operations in Benelux, France, Germany and Scandinavia.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm, focusing on investments in the Nordic
Nordic countries
The Nordic countries make up a region in Northern Europe and the North Atlantic which consists of Denmark, Finland, Iceland, Norway and Sweden and their associated territories, the Faroe Islands, Greenland and Åland...
region, Benelux
Benelux
The Benelux is an economic union in Western Europe comprising three neighbouring countries, Belgium, the Netherlands, and Luxembourg. These countries are located in northwestern Europe between France and Germany...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
and Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. Since inception, the firm has raised a total of €5.7 billion in investor commitments. The firm invests primarily in middle market companies.
The firm, which is headquartered at Brettenham House in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
has offices in Hamburg
Hamburg
-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...
, Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
and Stockholm
Stockholm
Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...
. IK operates through six investment teams covering Benelux
Benelux
The Benelux is an economic union in Western Europe comprising three neighbouring countries, Belgium, the Netherlands, and Luxembourg. These countries are located in northwestern Europe between France and Germany...
, Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
, Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
/CEE
Central and Eastern Europe
Central and Eastern Europe is a term describing former communist states in Europe, after the collapse of the Iron Curtain in 1989/90. In scholarly literature the abbreviations CEE or CEEC are often used for this concept...
and Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
.
History
IK Investment Partners was founded under the name Industri Kapital by Björn Savén and Kim Wahl. The firm’s origins lie in Enskilda Ventures Ldt which in 1989 sponsored Björn Savén in raising the Scandinavian Acquisition Capital Fund (SAC) and established the London office.SAC closed with approximately €108 million in commitments mainly from Scandinavian investors.
In the year 1993 Industri Kapital became independent through the buyout of SAC’s assets and activities from Skandinaviska Enskilda Banken, the parent of Enskilda Ventures. SAC’s was renamed the Industri Kapital 1989 fund. In the same year the company established offices in Stockholm and Oslo.
History
Industri Kapital’s second fund, IK 1994, held its final closing with commitments totaling €250 million, broadening the investor base to include European and North American investors.In 1997 Industri Kapital inaugurated its Hamburg office and closed its third fund, IK 1997, with commitments of €750 million. The year after the firm completed it first investment in Germany.
The fourth fund, IK 2000, closed with €2.2 billion in commitments in the year 2000. IK 2000 made its first investment in France. Five years later, in 2005 Industri Kapital closed its fifth fund, IK 2004, with €825 million in commitments. The firm's Paris office was opened the year after.
In the year 2007 Industri Kapital closed its sixth fund, IK2007, with commitments of €1.7 billion.
The first investment in Poland was being made with the IK 2004 fund in year 2008. The transaction is IK’s first direct investment in the region and marks the start of the firm’s plans to invest directly in Poland, Czech Republic, Slovakia, Hungary and the Baltic States, in addition to its operations in Benelux, France, Germany and Scandinavia.
External links
- IK Investment Partners (Company website)