Capiton sells LAP Group to IK Investment Partners
Lüneburg/ Hamburg — IK Investment Partners acquires LAP Group from capiton. Founded in 1984, LAP is headquartered in Lüneburg and operates three production sites with around 350 employees. The company is a leading provider of laser projection and laser measurement systems, quality assurance software, and hardware used in radiation therapy. The company has a diversified customer base in niche markets in the healthcare and industrial sectors. The company has established a special position in systems used to position patients for medical examinations and treatments.
In 2018, LAP generated sales of around 60 million euros. Together with IK, the company plans to open up new application areas and expand its promising software solutions for quality assurance.
Team IK Investment Partners: Anders Petersson, Alexander Dokters, Daniel-Vito Günther
Buyer financial advisor: Quarton (Konstantin Schönborn, Rolf Holtmann)
Buyer strategic due diligence: CODEX Partners (Clemens Beickler, Peter Engelhardt)
Buyer financial due diligence: Ebner Stolz (Claus Bähre)
Buyer legal advisor: Renzenbrink & Partner (Ulf Renzenbrink)
Team capiton: Andreas Denkmann, Manuel Hertweck
Seller financial advisor: William Blair (Philipp Mohr, Mark Brune)
Seller legal advisor: Milbank (Michael Bernhardt)
About LAP Laser
LAP is one of the world’s leading suppliers of systems that increase quality and efficiency through laser projection, laser measurement, and other processes. Every year, LAP supplies 15,000 units to customers in industries as diverse as radiation therapy, steel production, and composite processing, visit www.LAP-med.de
About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €9.5 billion of capital and invested in over 125 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. www.ikinvest.com