Nordian Capital Partners has sold IGS GeboJagema to Smile Invest and Rabo Corporate Investments
Smile Invest has become the majority shareholder of IGS alongside minority investor Rabo Corporate Investments and management.
IGS is a full-service partner for high-precision, high-volume injection molds to leading original equipment manufacturers (OEMs) and contract manufacturing organizations in the healthcare devices and ophthalmic end markets. The company’s unique value proposition combines Industry 4.0 manufacturing capabilities with an end-to-end service offering, spanning design, engineering, qualification and support services. Based in Eindhoven, the Netherlands, IGS employs approximately 120 full-time employees and realized double-digit annual revenue growth during the past decade.
With Smile Invest on board as a new owner, the company plans to accelerate its expansion into the United States, continue to broaden its presence in long-running medical device platforms and expand into other end markets such as medical packaging.
Sibert Meulenbelt, Managing Director at Lincoln, commented, “It has been a pleasure to work with Nordian and the management team of IGS. They have built a company that is recognized by the world’s leading OEMs to keep raising the bar in terms of quality, which the company emanated throughout the process as well.”
Lincoln acted as the exclusive investment banking advisor to IGS, working closely with its shareholders and the management team throughout the sale process.
Lincoln’s dedicated team, industry expertise and in-depth knowledge of IGS were instrumental in realizing a successful outcome of the process.
Meet our Senior Team
View More Transactions in Industrials
Lincoln International advised H.I.G. Capital on the sale of Elekeiroz to Oswaldo Cruz Química
Lincoln International advised Empower Rental Group, a portfolio company of Crossplane Capital, in receiving new debt financing to support M&A
Lincoln International advised Summit Park on the sale of Tennessee Industrial Electronics to Diploma PLC
Lincoln International advised Netzkontor Group, a portfolio company of Deutsche Beteiligungs AG, in its acquisition of Adams Network Engineering
Lincoln International advised Rochester Cable, a company of TE Connectivity, on its sale to Hexatronic
Lincoln International advised ARX Equity Partners on the sale of TES Vsetín to Genesis Capital and Avallon MBO
Lincoln International advised U. P. Twiga Fiberglass in its agreement to be sold to Saint-Gobain
Lincoln International advised Latecoere a portfolio company of Searchlight on raising capital
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.