Tecomatic Divests to IK Partners
Deal News | May 07, 2025 | Setterwalls
PEQ Invest has divested its majority stake in Tecomatic, a company specializing in water treatment and erosion control solutions, to IK Partners. Tecomatic, known for safeguarding critical infrastructure and enhancing marine conditions, saw a significant boost in revenue by over 400% under PEQ Invest’s ownership. The partnership culminated in the merger of Jrven Ecotech with Tecomatic in 2022. Setterwalls served as the legal advisor for this transaction.
Sectors
- Private Equity
- Environmental Services
- Mergers and Acquisitions
Geography
- Sweden – PEQ Invest is a Swedish private equity firm, and the article discusses a transaction involving Swedish enterprise Tecomatic.
Industry
- Private Equity – The article primarily involves a transaction where PEQ Invest, a private equity firm, divests from its majority stake in a company.
- Environmental Services – Tecomatic operates in water treatment and erosion control solutions, indicating relevance to the environmental services sector.
- Mergers and Acquisitions – The article describes a corporate transaction involving a divestment, an activity central to M&A practices.
Financials
- 400% – The increase in Tecomatic's revenue since its acquisition by PEQ Invest.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tecomatic | Target | Company | A company specializing in water treatment and erosion control solutions, recently divested to IK Partners. |
| PEQ Invest | Selling Company | Company | A Swedish private equity firm that owned the majority of Tecomatic and has now divested its stake. |
| IK Partners | Bidding Company | Company | The investment firm that acquired Tecomatic from PEQ Invest. |
| Setterwalls | Legal Advisor | Company | The legal advisory firm that assisted PEQ Invest and other shareholders in the divestment transaction. |