Netel: IK Partners Offloads Nearly 47% Stake

Deal News | May 21, 2025 | IK Investment Partners (IK Partners)

IK Investment Partners, operating through Cinnamon International S.à r.l., which is predominantly owned by the IK VII Fund, has concluded the sale of 22,641,829 ordinary shares in Netel Holding AB. This represents approximately 46.7% of both the share capital and voting rights of Netel. The transaction was executed at a rate of SEK 8.50 per share. Netel, a publicly listed entity, is involved in the infrastructure services and solutions domain. The strategic divestment is consistent with IK Partners' approach to reposition their portfolio holdings while creating substantial returns for their investors over the fund’s lifecycle.

Sectors

  • Private Equity
  • Infrastructure
  • Investment Management

Geography

  • Sweden – Netel Holding AB is a Swedish company, and the transaction involves the sale of shares of this Swedish entity.
  • Luxembourg – Cinnamon International S.à r.l., which facilitated the transaction, is a Luxembourgish company.

Industry

  • Private Equity – The article discusses a transaction involving a private equity firm, IK Investment Partners, which has divested its shares in a portfolio company, Netel Holding AB.
  • Infrastructure – Netel Holding AB operates within the infrastructure industry, providing services and solutions, which is relevant to the article as the company that shares were divested from.
  • Investment Management – Involves the strategic management and repositioning of portfolio holdings, as demonstrated by IK Partners in this strategic divestment.

Financials

  • 8.50 SEK per share – The price at which IK Investment Partners sold 22,641,829 shares of Netel Holding AB.

Participants

NameRoleTypeDescription
IK Investment PartnersSelling CompanyPrivate EquityA European private equity firm that facilitated the sale of shares in Netel Holding AB.
Cinnamon International S.à r.l.Vehicle for the TransactionCompanyA company majority-owned by the IK VII Fund, used as the vehicle to execute the sale of the shares.
Netel Holding ABTarget CompanyCompanyA public company whose shares representing 46.7% of its capital were divested in this transaction.
IK VII FundInvestment FundInvestorThe fund majority-owning Cinnamon International that supported the divestment of Netel shares.