July 21, 2022
IK Partners enters exclusive negotiations to sell LINXIS Group to Hillenbrand
FOR IMMEDIATE RELEASE (NANTES, France) – IK Partners (“IK”) is pleased to announce that an affiliate of the IK VIII Fund (“IK VIII”) has entered into a put option agreement to sell its stake in LINXIS Group (“LINXIS” or “the Group”) to Hillenbrand, Inc. (NYSE:HI) (“Hillenbrand”).
“The additional financial firepower and market expertise brought by the IK team has allowed us to pursue a number of inorganic growth opportunities and expand the business on a global scale. We look forward to continuing our growth trajectory in partnership with Hillenbrand“
Tim Cook, CEO of LINXIS Group