M&A Deal Summary

IK Partners and Nordic Mezzanine Acquire Sportgroup

On May 1, 2006, private equity firm IK Partners and mezzanine finance firm Nordic Mezzanine acquired manufacturer Sportgroup

Acquisition Highlights
  • This is IK Partners’ 4th and Nordic Mezzanine’s 2nd transaction in the Manufacturing sector.
  • This is IK Partners’ 3rd and Nordic Mezzanine’s 1st transaction in Germany.
Investment Fate
  • Sportgroup was sold to a consortium of financial buyers in 2015.
  • Sportgroup was sold to a consortium of financial buyers in 2024.

M&A Deal Summary

Date 2006-05-01
Target Sportgroup
Sector Manufacturing
Buyer(s) IK Partners
Nordic Mezzanine
Deal Type Consolidation

Target

Sportgroup

Burgheim, Germany
Sportgroup is a manufacturer of artificial turf systems and synthetic floor coverings in the sport and leisure sector. Its comprehensive product range includes artificial turf, running tracks and polyurethane surfaces as well as components for sporting, industrial and leisure facilities. Sportgroup is based in Burgheim, Germany.

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Buyer(S) 2

Buyer

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.


DEAL STATS #
Overall 58 of 192
Sector: Manufacturing M&A 4 of 7
Type: Consolidation M&A Deals 1 of 3
Country: Germany M&A 3 of 28
Year: 2006 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Enermet Oy

Jyskä, Finland

Enermet Group Oy provides energy metering and electricity meters.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-10 Enermet Group Oy

Zug, Switzerland

Enermet Group is a suppliers of energy metering systems. The company develops, produces and markets comprehensive new generation systems for the metering of energy, the control of its use and the refinement and management of metering data. Enermet has branches in ten countries around the globe.

Sell €90M
Buyer
DESCRIPTION

Nordic Mezzanine is an independent provider of mezzanine financing for buyouts, growth capital needs, and capital restructurings. Nordic will consider opportunities in a broad range of industry sectors and generally looks to invest in Scandinavia, Germany, Austria, Switzerland, the Netherlands and Belgium. The Firm's target investment size is €10 to €40 million. Nordic Mezzanine was formed in 1999 and is based in Helsinki with an additional office in London.


DEAL STATS #
Overall 11 of 28
Sector: Manufacturing M&A 2 of 5
Type: Consolidation M&A Deals 1 of 1
Country: Germany M&A 1 of 4
Year: 2006 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-21 Frigoscandia Distribution AB

Helsingborg, Sweden

Frigoscandia Distribution AB, a leading provider of temperature controlled logistics services, including transportation and warehousing.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-01 Paroc Group Oy AB

Helsinki, Finland

Paroc Group Oy AB is a mineral wool insulation manufacturers in Europe. The company develops, manufactures and distributes stone wool products for use by the building industry and other industrial applications.

Sell -