Pan-European private equity house IK Partners’ IK Small Cap II Fund is to sell Quanos Solutions, a developer of software and technology solutions for smart information, to Keensight Capital, a private equity manager dedicated to pan-European Growth Buyout investments.
Pan-European private equity house IK Partners’ (IK) IK Small Cap II Fund (IK SC II) is to sell Quanos Solutions (Quanos), a developer of software and technology solutions for smart information, to Keensight Capital (Keensight), a private equity manager dedicated to pan-European growth buyout investments.
Headquartered in Nuremberg, Germany, Quanos is a specialist in industrial aftersales and digital technical documentation software with more than 1,000 customers worldwide. The firm’s software offering is focused on original equipment manufacturers and operators.
IK invested in Quanos in November 2018. Through M&A, three leading software companies were combined to create a platform for software and technology solutions for smart information. The Quanos brand was launched in 2020 with support from IK’s Operations team.
Keensight Capital will support Quanos’ team, led by Nikolaus Scholz, in its next phase of growth.
Financial details of the transaction have not been disclosed.
