IK Partners to invest in Linxea and Irbis

• IK Partners will join existing investors NextStage and Matignon Investissement
• NextStage is an independent asset management company based in Paris, France
• IK Partners, based in London, is a European private equity firm

IK Partners, via IK Small Cap III Fund, will invest in a group of businesses comprising Linxea and Irbis Finance. No financial details of the transaction have been disclosed.

Linxea is an independent online platform for the distribution of savings products.

Irbis designs structured products distributed via a network of financial advisors, private banks, and institutions. The company generated over €1 billion in revenue in 2022.

Both companies are based in Paris.

IK Partners will join existing investors NextStage AM and Matignon Investissement (M3I).

“We are delighted at the level of confidence bestowed upon us by the Group’s management team as well as shareholders and we look forward to working with them to actively contribute to its continued development,” said Pierre Gallix, managing partner at IK and advisor to the IK Small Cap III Fund.

Under NextStage and M3I’s investment period, Linxea’s client base increased from 20,000 to 90,000 as well as an increase in its assets under management from €800 million to €2.8 billion. The company also saw an inflow of €600 million in 2022.

The IK investment is subject to regulatory approval.

NextStage is an independent asset management company based in Paris, France. The company managed assets worth €7.5 billion as of December 2022.

IK Partners, based in London, is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics, and the UK.