- Responda’s founding management team will reinvest alongside IK
- IK Partners, based in London, is a European private equity firm
- The firm has raised over €14bn of capital and invested in over 170 European firms since its inception
IK Partners has agreed to invest in Responda Group, a provider of business process outsourcing services to small and medium-sized enterprises, via its IK Small Cap III Fund. No financial details of the transaction were disclosed.
Respond Group is headquartered in Stockholm, Sweden. The firm employs 250 people.
IK will acquire its stake from the founding management team, who will be reinvesting alongside IK.
The closing of the transaction is subject to relevant regulatory approvals.
“We are well-positioned to help Responda Group deliver a targeted buy-and-build strategy and to use our extensive network in the Nordic region to support any future geographic expansion,” said Carl Jakobsson, director at IK Partners.
Jakobsson also serves as the advisor to the IK Small Cap III Fund.
IK Partners, based in London, is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics, and the UK. The firm has raised over €14 billion of capital and invested in over 170 European companies.