Tecomatic to Be Acquired by IK Partners
Deal News | Mar 06, 2025 | IK Investment Partners (IK Partners)
IK Partners has announced that its IK Small Cap III Fund will acquire Tecomatic, a leading provider of water treatment and erosion control solutions headquartered in Kalmar, Sweden, from PEQ Invest. The financial terms of the agreement remain undisclosed, with the transaction pending regulatory approval. Tecomatic, founded in 1985, is known for its comprehensive solutions in water purification and erosion protection, servicing municipalities as well as the recycling, construction, and infrastructure sectors across Sweden. Tecomatic has notably broadened its offerings following a merger with Järven Ecotech in 2022. IK Partners aims to leverage its Nordic expertise to bolster Tecomatic's market presence, as stated by Patrik Stockhaus, Director at IK.
Sectors
- Environmental Solutions
- Private Equity
- Infrastructure
Geography
- Sweden – Tecomatic is headquartered in Kalmar, Sweden, and operates primarily within the country, servicing municipalities and sectors related to infrastructure.
- Nordics – IK Partners and Tecomatic both have significant operations and strategic interests in the Nordic region, which is crucial for the growth plans outlined in the acquisition.
Industry
- Environmental Solutions – Tecomatic specializes in water treatment and erosion control solutions, playing a crucial role in environmental protection and infrastructure resilience.
- Private Equity – IK Partners, a private equity firm, is involved in acquiring Tecomatic, indicating activity within the private equity industry.
- Infrastructure – Tecomatic provides solutions that protect infrastructure such as bridges and wind turbines from erosion, demonstrating its relevance in the infrastructure sector.
Financials
- Not Disclosed – The financial terms of the acquisition of Tecomatic by IK Partners have not been publicly disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tecomatic | Target Company | Company | Tecomatic is a Swedish company specializing in water treatment and erosion control solutions. |
| IK Partners | Bidding Company | Company | IK Partners is a private equity firm acquiring Tecomatic through its IK Small Cap III Fund. |
| PEQ Invest | Selling Company | Company | PEQ Invest is the firm selling Tecomatic to IK Partners. |
| Järven Ecotech | Merged Entity | Company | Järven Ecotech merged with Tecomatic in 2022, expanding its operations and product offerings. |
| Emil Eriksson | Head of Water Treatment at Tecomatic | Person | Emil Eriksson is a key executive at Tecomatic, responsible for its water treatment operations. |
| Patrik Stockhaus | Director at IK | Person | Patrik Stockhaus is a Director at IK Partners and an Advisor to the IK Small Cap III Fund. |