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IK Partners to acquire mobile video security specialist Kooi

Private equity firm IK Partners (IK), via the IK X Fund, is to acquire Kooi European Mobile Security Solutions, a pan-European provider of temporary camera surveillance (TVS) and rising early-detection (RED) solutions.

IK is acquiring a majority stake from Bencis Capital Partners (Bencis), founder Pieter Kooi and the management team, who will all reinvest. Financial terms of the transaction have not been disclosed.

Headquartered in Drachten, the Netherlands, Kooi provide TVS and RED solutions, including a range of Units for Observations (“UFOs”), serving various end markets across Europe including construction, infrastructure, renewables and waste management sectors. The Company provides an end-to-end service from technical advice, delivery, installation and 24/7 monitoring through its own Kooi Alarm Centres.

According to a press statement, in partnership with IK, Kooi, which has a sizeable presence in the Benelux, DACH, France and the Nordics, plans to “further realise benefits of scale; penetrate the growing TVS and RED markets; establish additional local teams; and expand internationally into underserved markets”.

Completion of the transaction is subject to legal and regulatory approvals.

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