IK sees the positives in Plus que PRO

• The IK Small Cap III Fund, which held a final close at its hard cap of €1.2 billion, made the investment
• IK invested alongside co-founders Gregory Regouby and Sacha Goepp
• The deal follows IK’s recent investments in gift and rewards platform Wishcard 

IK Partners announced on Thursday that it has invested in French digital platform and services company Plus que PRO alongside the company’s co-founders Gregory Regouby and Sacha Goepp, who will retain control and management of the business.

Plus que PRO is based in Alsace and was founded in 2014. Its digital platform aims to let craftsmen and small to medium-sized enterprises elevate their online presence. The company employs 190 people.

The company will use the investment to accelerate its franchise roll-out, support its partners’ growth and invest in R&D. The investment was made from the dedicated pool of development capital within the €1.2 billion IK Small Cap III Fund.

“Gregory and Sacha have built an impressive business in the competitive digital services sphere in France,” said Pierre Gallix, managing partner and adviser to the IK Small Cap III Fund. “The underlying market opportunity is set to grow further in the coming years and we believe that with additional capital and support, Plus que PRO has the potential to become a leading player in France and beyond.”

IK Partners is a London-based private equity firm focused on mid-market companies across the business services, healthcare, consumer and industrials sectors in the Benelux, DACH, France, Nordics and the UK. It was established in 1989.

PE Hub Europe reported IK’s recent backing of gift and rewards platform Wishcard.