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IK Partners, through its IK Small Cap III Fund, has signed an agreement to invest in Tecomatic, a Swedish provider of water treatment and erosion control solutions, from PEQ Invest. Financial terms were not disclosed, and completion is subject to regulatory approval.
“IK will invest from the fund's dedicated pool of Development Capital, alongside the management team who will be reinvesting.”moneycontroller.co.uk
Summarized from public sources; check the original articles before acting on it.