Mergermarket | IK Partners sees Iberian small-cap focus as edge with new Madrid office

Originally published in Mergermarket on 31 July 2026 and written by Min Ho.

Managing Partner Mads Ryum Larsen spoke to Mergermarket about the new IK Partners ("IK" or “the Firm”) office in Madrid, opening 1 September 2026. In his conversation with journalist Min Ho, he explained why a Small Cap and Development Capital focus gives IK an edge in a market where larger buyout firms are already established.

"We can also differentiate ourselves via our sector focus, which we don't think is a strong focus for quite a few of our peers," Larsen said.

The article also covers IK's fundraising update, recent exits and the Firm's read on shifting investor sentiment toward small and mid-cap managers.

Read the original article here.

Summary

• IK is opening a Madrid office on 1 September, targeting first Iberian deals in 2027.
• Small Cap and Development Capital focus, sector expertise in Business Services, Healthcare and Industrials set IK apart in the market.