Euros

ICG backs a consortium investing in Minimax Viking Group

ICG, the specialist asset manager, has supported KIRKBI Invest A/S, the Groos Family and the management team in the acquisition of Minimax Viking Group.

The investment shifts ownership of the company from IK Investment Partners to the consortium.
 
ICG led the arranging of the transaction.
 
Minimax Viking Group specialises in fire protection. ICG will support the company under its new ownership in its growth strategy and further international expansion.
 
Jens Tonn, head of Germany for ICG, says: "Minimax Viking Group is an excellent investment opportunity, a strongly performing market leading business with huge future potential. ICG is backing the consortium of KIRKBI Invest A/S, the Groos Family and the Management Team in this deal and we are excited about working together as the company moves forward into the next phase of growth."
 
Benoît Durteste, head of European mezzanine at Intermediate Capital Group, says: "We are seeing strong investing momentum so far this year. The quality of investment opportunities continues to impress us. This is a transaction for ICG Europe Fund V and provides investors in the fund with further portfolio diversification, and Minimax Viking with the flexible capital it needs."

Further reading



Upcoming events

5 weeks 17 hours from now - Hong Kong
5 weeks 17 hours from now - Ulaanbaatar
5 weeks 1 day from now - Dublin
5 weeks 6 days from now - California
6 weeks 17 hours from now - London

Upcoming training

Sun, 24/08/2014 (All day) - Dubai
Wed, 10/09/2014 (All day) - London
Mon, 29/09/2014 (All day) - London