IK Investment Partners (“IK”) is pleased to announce that the IK 2007 Fund has reached an agreement to sell EPiServer (“EPiServer” or the “Company”), a leading provider of digital marketing and e-commerce solutions to Accel – KKR (“AKKR”), a technology-focused private equity firm specialising in software and IT-enabled businesses. The parties have agreed not to disclose the financial terms of the transaction.
IK Investment Partners ("IK") via its IK VII Fund, today announces an investment in Transnorm Beteiligungen GmbH ("Transnorm" or the "Company"), a global market leader for high performance conveying modules and components that are used in diverse end markets such as the parcel, distribution/e-commerce and airports industries. Financial terms of the transaction are not disclosed.
Claus Meyer and the Grønlykke brothers will combine their businesses and IK Investment Partners will become new majority shareholder. By merging, the two family companies will be better suited to achieve their joint-ambition of improving the quality of food.