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IK Partners to invest in STEIN HGS

IK Partners’ (IK) IK Small Cap III Fund is to acquire STEIN HGS (STEIN HGS), a B2B e-commerce specialist for barrier technology, municipality, construction site and facility management supplies.

IK is investing from its dedicated pool of Development Capital and is acquiring its stake from Lennertz & Co (Lennertz) and the founder, Bodo Stein, both of whom will be reinvesting alongside IK. Financial terms of the transaction have not been disclosed.
 
Completion of the transaction is subject to legal and regulatory approvals.

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