IK Partners is investing in Sansidor, a rapidly growing TIS provider in the Netherlands, to enhance its buy-and-build strategy and expand its market reach.

Target Information

IK Partners ("IK") is pleased to announce that its IK Small Cap III Fund has signed an agreement to invest in Sansidor, a rapidly growing provider of testing, inspection, and related services ("TIS"). IK is acquiring its stake from existing shareholders, which include HC Partners, founders of the respective group companies, and the management team, all of whom will reinvest. The financial terms of the transaction have not been disclosed. The completion of this transaction is subject to ongoing procedures by the ACM (Dutch Authority for Consumers and Markets), and further communication will be provided once formal procedures are finalized and full approval is obtained.

Founded in 2018 through the acquisition of several inspection companies by HC Partners, Sansidor has significantly expanded since its inception and now encompasses 18 companies across the Netherlands. The Group aims to become a one-stop shop for small, medium, and large enterprises within the built environment by offering a comprehensive range of products and services. To achieve this, Sansidor is actively pursuing a buy-and-build strategy focused on well-performing specialized firms that complement its existing offerings.

Industry Overview

The TIS sector in the Netherlands is characterized by a robust demand for compliance and safety inspections driven by stringent regulations and the need for companies to maintain high standards of safety and