IK Partners to invest in Veldeman Group

• Veldeman’s management to reinvest alongside IK
• IK will invest from its dedicated pool of development capital
• IK is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics, and the UK

IK Partners, through its IK Small Cap III Fund, will invest in Veldeman Group, a Belgian designer and producer of temporary infrastructures. No financial terms of the transaction were disclosed.

Veldeman is headquartered in Bree, Belgium and has around 80 full-time employees.

Veldeman’s management will reinvest alongside IK.

IK will invest from its dedicated pool of development capital, according to a release.

“The fragmented nature of the market offers significant buy-and-build potential which will allow the company to both further develop its offering and expand into adjacent markets and territories,” said Frances Houweling, partner at IK Partners and advisor to the IK Small Cap III Fund.

IK will acquire its stake from the existing management team and a group of individual investors.

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.