We are pleased to share our 2023 Task Force on Climate-related Financial Disclosures (“TCFD”) Report, prepared in accordance with the requirements of the UK Financial Conduct Authority.

The TCFD framework provides a standardised approach to disclosing climate-related risks and opportunities. By aligning with the TCFD recommendations, we are enhancing our transparency and accountability efforts when it comes to managing climate-related risks and leveraging opportunities.

Our TCFD Report offers a comprehensive overview of:

1. Governance: Insights into how climate-related risks and opportunities are integrated within our governance framework.

2. Strategy: Our strategic approach to managing climate risks and taking advantage of relevant opportunities to drive long-term growth and value.

3. Risk Management: The process by which we assess and manage climate change risks and opportunities in business operations and throughout the lifecycle of an investment.

4. Metrics and Targets: Our targets and progress relating to IK’s financed and operational emissions, in addition to those of our portfolio.

We look forward to updating you on our progress in addressing climate change risks and opportunities on an annual basis and we invite you to read our first report by navigating to the button on the left.

If you have any questions, please contact:

ESG
esg@ikpartners.com

GoodLife Foods B.V. and its affiliates (‘GoodLife Foods’) is pleased to announce that an agreement was signed to acquire Audens Group Solutions S.L. (‘Audens’ or the ‘Company’), a leading manufacturer in the Iberian frozen food market. The combination will result in a highly complementary group producing and selling innovative frozen food snacks and meal components across Europe. Financial terms of the transaction are not disclosed and completion is subject to legal and regulatory approvals.

Headquartered in Granollers (Barcelona area), Spain, Audens offers a broad portfolio of branded and private label products focused mainly on frozen snacks/appetizers and ready-meals.

The Company specializes in the production and distribution of branded and private label products, serving a customer base active in the Retail and Foodservice channels, mainly in Iberia next to a growing international presence.

Audens employs over 800 employees and operates five state-of-the-art manufacturing plants in Spain and Portugal. The Company’s CEO David Sala Coll will become non-executive director at GoodLife Foods and will remain active as strategic advisor to Audens. Carles Bosch will be appointed as General Manager of Audens and will manage the daily business operations in Iberia.

This strategic move represents a significant milestone for GoodLife Foods, as it allows to further diversify its product offerings and tap into new geographical growth opportunities. The combination will result in a leading frozen savoury food group with a pan-European sales and production network offering high levels of innovation and service levels to its customers.

Dirk Van de Walle, CEO at GoodLife Foods, said: ‘We believe that by combining the resources of Audens and GoodLife, talents, and innovative spirit, we can create a powerhouse in the food sector that is primed for success. Together, we will leverage our collective strengths to better serve our customers, drive operational excellence, and fuel growth in both existing and emerging markets’.

David Sala Coll, at Audens, said: ‘We are delighted to join forces with GoodLife Foods and become part of a dynamic and forward-thinking organization. This transaction presents exciting opportunities for our employees, customers, suppliers and partners alike. Together, we will continue to deliver exceptional appetizer solutions while maintaining our unwavering commitment to quality and customer satisfaction’.

Frederik Jacobs, Partner at IK, said: ‘We are pleased to have helped bringing both companies together. Part of our investment strategy at GoodLife Foods is to accelerate internationalisation and expand our presence to faster growing frozen food categories. The combination of GoodLife Foods with Audens is a significant accelerator of our ambition to create a strong and structurally growing frozen food business across select savoury categories’.

IK Partners (“IK”) is pleased to announce that the IK Small Cap III (“IK SC III”) Fund has invested in Qconcepts (“the Company”), a leading audit-focused specialist in the Netherlands. IK acquired its stake from the Company’s founding partners who have significantly reinvested alongside IK. Financial terms of the transaction are not disclosed.

Headquartered in ‘s-Hertogenbosch, the Netherlands, Qconcepts was founded in 2009 by four former PwC colleagues and has since grown to become the leading audit-focused firm catering to the needs of medium-sized enterprises in the region. It operates across a broad range of sectors, including the Private, Healthcare, Housing and Non-Profit sectors, benefiting from a diverse and loyal client base.

Qconcepts has 140 employees who are based across six Dutch offices in ‘s-Hertogenbosch, Rotterdam, Sittard, Arnhem, Amsterdam, Enschede and an office in Malaga, Spain.

Under the leadership of its founding partners, the Company has delivered consistent organic growth. With the support of IK, it hopes to continue investing in the expansion and development of its team, while focusing on new client acquisition and capturing the increased market potential from mandatory ESG audits for large private companies. This follows on from the implementation of the Corporate Sustainability Reporting Directive in 2024.

Cor Pijnenburg, Co-Founding Partner at Qconcepts, said: “We are thrilled to be partnering with IK as we feel that its significant experience in the Financial Services sector, underpinned by its investments in Aspia, Yellow Hive and Acture Group will help us realise our ambitions. With a well-established track record in supporting fast-growing businesses like ours, we feel that they are the ideal partner for us. We look forward to working with the team at IK to continue nurturing a dynamic environment for our employees and are excited to see where this partnership will take us.”

Sander van Vreumingen, Partner at IK Partners and Advisor to the IK SC III Fund, said: “This is an exciting investment for the IK Small Cap strategy in the Benelux region, with a Company that has established itself as a market-leading audit-focused player in the Netherlands. We look forward to utilising our considerable resources and expertise to facilitate the growth of Qconcepts by nurturing its seasoned team and identifying strategic acquisition targets that align with the Company’s values and culture.”

For further questions, please contact:

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

Qconcepts
Carlijn Simons-IJzermans
Phone: +31 (0) 6471 35 170
carlijn.ijzermans@qconcepts.nl

IK Partners (“IK”) is pleased to announce that the IK Small Cap III (“IK SC III”) Fund has signed an agreement to invest in BIOBank (“the Company”), a leading manufacturer and distributor of bone allografts for orthopaedic, spine, dental and cranio-maxillofacial (“CMF”) surgery. IK is acquiring a majority stake from Verto Growth (“Verto”), Capital Croissance and the management team, who will all be reinvesting.  Financial terms of the transaction are not disclosed.

Founded in 1999 and headquartered in Lieusaint, France, BIOBank is a leading human tissue bank whose speciality lies in preparing and distributing bone allografts for orthopaedic, spinal, dental and CMF surgeries. Taken from another individual’s tissues, bone allografts are used to repair and replace damaged or diseased bone tissues with the aim of providing a structure for new ones to grow. The Company is one of only three private processing tissue banks in France to be approved by the French national drug safety agency, ANSM. As a result, BIOBank commands more than 50% market share in France, in what is a growing sector year-on-year.

BIOBank has a broad product portfolio and possesses the ability to provide bone allografts on a multi-country basis, thus occupying a unique position in the market. This is further strengthened by its development and use of Supercrit®, a proprietary high-performance industrial process that leverages properties of supercritical CO₂, a non-toxic fluid that helps to preserve the bone’s mineral structure and characteristics.

With approximately 50 employees, BIOBank serves 1,700 customers in France and addresses eight additional international markets, both directly through its own distributor in Switzerland and indirectly through a network of third-party distributors in other geographies. The Company has a presence across the entire value chain; from collecting bone tissue from more than 160 healthcare institutions it partners with, to transformation and then distribution.

Under the existing management and the backing of Verto and Capital Croissance, BIOBank has experienced significant growth. In partnership with IK and with the continued support of its existing sponsors, the Company wishes to pursue further market share gain in France through the reinforcement of its distribution network and development of new products. In addition, it is looking to accelerate organic international expansion and pursue inorganic growth through the execution of a selective buy-and-build strategy.

Alexandre Tepas, CEO of BIOBank, said: “We are very much looking forward to teaming up with IK’s highly experienced team, alongside our existing investor base. Their focus on international platform expansion and proven track record in the European Healthcare sector will be crucial to our continued growth as we pursue new markets and product development. We would like to thank Verto and Capital Croissance for their invaluable support thus far and look forward to embarking on this new chapter.”

Morgane Bouhenic, Partner at IK and Advisor to the IK SC III Fund, commented: “Alexandre and the team at BIOBank have established the Company as a leading player in the French bone allograft market. We are confident that with the right buy-and-build acquisition targets and continued innovation on the product side, BIOBank can successfully reinforce its leadership in France, expand into other European markets and continue to provide favourable outcomes for patients requiring these crucial surgeries.”

Antoine Dary, Partner at Verto, said: “We would like to congratulate Patrick Joucla and Alexandre Tepas, as well as all their team on this exciting next step for BIOBank which rewards a successfully executed growth and innovation strategy over the past five years. It has been a pleasure working with the team and we are confident that the Company is in a strong position to continue its ambitious growth trajectory in France and internationally. We are delighted at the prospect of a continued partnership with them and would like to take this opportunity to welcome IK on board.”

Julie Masson, Partner at Capital Croissance, added: “It has been an incredibly rewarding 10 years working with the team at BIOBank, alongside Verto and other stakeholders to firmly establish the business as a leading player in the preparation of bone allografts in France. We are delighted to continue supporting BIOBank in this new crucial step of its development alongside its new investors, IK.”

For further questions, please contact:

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

Verto Growth
Antoine Dary
Phone: +33 624 83 97 58
antoine.dary@vertogrowth.com

Thomas Fort
Phone: +33 7 68 69 20 25
thomas.fort@vertogrowth.com

Capital Croissance
Julie Masson
Phone: +33 6 79 45 73 94
julie.masson@capitalcroissance.fr

Sweden’s leading CMS, Sitevision, begins its international expansion by acquiring Norwegian CustomPublish. The acquisition is a part of Sitevision’s growth strategy and expansion in the Nordic market. Both companies have over 20 years of experience in developing web and intranet solutions for businesses, municipalities, regions and authorities.

“The acquisition of CustomPublish is the first step in our establishment in Norway and is fully in line with our growth strategy. CustomPublish and Sitevision largely target the same audience, and we complement their existing offering with a platform and services that have had Sweden’s most satisfied CMS customers since 2009,” says Anders Korsvall, CEO of Sitevision.

Both companies’ existing customers will benefit from an even broader set of tools that make it easier to create, manage, and publish content on their website and intranet. The main focus will be on leveraging the extensive experience from the Swedish and Norwegian markets to develop even better solutions for current and future customers.

“We look forward to becoming a part of Sitevision with the goal of together becoming the Nordic region’s leading CMS. Sitevision and their ecosystem will add great value to our existing customers. In turn, they will be able to offer their users and visitors an even better digital experience,” says Anders Svegård, CEO of CustomPublish.

A part of Sitevision’s strategy is to work closely with partners to provide customers with solutions and features tailored to their specific needs. This strategy has been a crucial component of Sitevision’s growth over the years. Now, they are opening up for collaborations in the Norwegian market as well and have already signed agreements with several Norwegian partners.

For more information about Sitevision and their products, visit Sitevision’s website.

For further information, please contact:

Anders Korsvall
CEO, Sitevision AB
+46 76 112 00 48
anders.korsvall@sitevision.se

Anders Svegård
CEO, CustomPublish AS
+47 450 66 540
anders@custompublish.com

Bree/Voorhout, 15 May 2024 – Tent structures and modular infrastructure specialists Veldeman Group (“Veldeman” or “the Group”) from Bree are incorporating Maessen Tentsupply into the Group. This move strengthens Veldeman’s wider geographical representation, while safeguarding future growth for tent suppliers Maessen Tentsupply.

Second acquisition in a single year for Veldeman Group

Veldeman Group, which supplies bespoke solutions for both rental and sales, has built up a strong international reputation with more than 50 years of experience. From the largest demountable festival tent in Europe to the largest semi-permanent warehouse in South America, there really are no limits to what the Group can offer. Even so, the rental business is largely concentrated on the Western European market.

In 2023, IK Partners, a leading European private equity firm, invested in Veldeman Group. One of the objectives behind this partnership was to accelerate rental growth and continue building an international presence through a targeted M&A strategy. An initial acquisition soon followed, namely East Flanders tent rental company Tentmoment, which enabled Veldeman to consolidate its position on the East and West Flanders market. A second acquisition now follows less than a year later with Maessen Tentsupply, with the Group also seeking to strengthen its position in the Netherlands.

Established reputation on the Dutch market

“Maessen Tentsupply is an established name in tent supply on the Dutch market. Just like Veldeman, the company stands for quality, flexibility and customer focus. Supplying custom-made solutions is in the DNA of both our companies. The markets and target audience they focus on also match with Veldeman’s. We look forward to working together with Maessen Tentsupply, within the Veldeman Group, to continue consolidating our position in the Dutch market and to realizing challenging projects,” says Andy Moors, CEO of Veldeman Group.  

Maessen Tentsupply has been involved in the rental and sale of tent structures for public events, festivals, private parties and industrial solutions since 1998. With a young and enthusiastic team of 30 employees, the company certainly does not lack ambition. This move is designed to propel Maessen Tentsupply into becoming the most reliable and respected tent supplier in the Netherlands. As part of Veldeman Group, the company will become stronger professionally and accelerate its ambitious growth plans. The current management of Maessen Tentsupply remains in place and is, in turn, investing in the Veldeman Group.

Roel Nelis of Maessen Tentsupply says “The success of the merger between Maessen Tenten and Tentsupply in 2021 underlined for us the power of working together. Over recent years we have achieved significant growth and made the processes within our company even more professional. We are now ready for the next step and believe we can continue synergy and growth within the Veldeman Group over the coming years.” “We recently expanded our branch in Voorhout with additional storage capacity of 6,000 square metres. This means we can now supply our group’s extensive product range efficiently in the Dutch market. We are really excited about working with the team and our clients to propel our service provision and projects to a higher level,” adds Rogier Maessen of Maessen Tentsupply.

Press contacts

Andy Moors, CEO Veldeman Group
Tel: (+32) 89 46 92 33
andy.moors@veldemangroup.be

Roel Nelis, Maessen Tentsupply
Tel. (+31) 6 12181498
roel@maessen-ts.nl

Rogier Maessen, Maessen Tentsupply
Tel. (+31) 6 53922537
rogier@maessen-ts.nl