IK Partners agreed to acquire Tecomatic, a Swedish leader in water treatment and erosion control solutions, from PEQ Invest.
The transaction, funded through the IK Small Cap III (IK SC III) Fund’s Development Capital, will see Tecomatic’s management reinvest alongside IK. The deal remains subject to regulatory approval, and financial terms have not been disclosed.
Founded in 1985 and based in Kalmar, Tecomatic specialises in safeguarding critical infrastructure and purifying marine environments. The company offers end-to-end water purification solutions, including sediment removal, floating walls, and silt screens designed to filter pollutants from stormwater, process water, leachate, and wastewater before discharge.
Tecomatic operates across Sweden, primarily serving municipalities, recycling firms, and companies in the construction and infrastructure sectors. The acquisition aligns with IK Partners’ strategy of investing in high-growth businesses with a strong sustainability focus across Northern Europe. Learn more about investment and acquisition efforts in the Nordics area by joining the Nordics’ Private Equity Conference in Stockholm.
With this investment, IK Partners aims to support Tecomatic’s expansion and innovation, reinforcing its position as a key player in environmental protection and water treatment.
Source: IK Partners