2Connect
Status
Realised
Country
Netherlands
Strategy
Small Cap
Sector
Entry
Nov-18
Exit
May-22
Fund
IK SC II
Website
News
IK Partners to sell 2Connect to Rivean Capita...IK Investment Partners to support 2Connect in...
Leading manufacturer of specialised interconnection solutions
2Connect ("the Company") is a leading manufacturer of specialised cables and connectors, designing, developing and producing tailored interconnection solutions worldwide. Its product portfolio includes specialised designed cables, moulded connectors, electronic packaging and interconnection modules.
Founded in 2000, the Company prides itself on setting new standards for interconnection solutions by designing high quality and cost-effective units in close co-operation with its long-term client base.
The investment was acquired in November 2018 from the van der Put family who founded the Company and reinvested alongside IK Partners. In April 2022, IK Partners sold their stake in 2Connect to Rivean Capital.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Continue growing share of wallet with the Company’s current customer base;
- Intensify focus on new customer acquisition;
- Broaden end-markets applications within adjacent niche segments; and
- Expand internationally.
Quote from 2Connect
"We are delighted to have enjoyed a successful partnership with IK, which has seen 2Connect grow beyond all expectations and deliver on its strategic goals as a business and for our customers.”
Mark van den Heuvel, Chief Executive Officer