On 12 July 2024, the IDAK Food Group (IDAK) announced a change of ownership. The London and New York-based investment company TowerBrook Capital Partners replaces the previous financial companies Invision and Nord Holding as the new majority shareholder. The investment aims to strengthen IDAK’s rapidly growing capital base for the growth of its companies and further acquisitions in Europe. The well-established management team around IDAK CEO Christof Lehmann will retain a broad-based minority stake in the company.
IFBC acted as exclusive Financial Advisor to the management of IDAK. In particular, it was important to ensure a consistent treatment of various elements with respect to the investment companies involved in the sale and reinvestment in order to maintain protection as minority shareholders, manage the personal risk/return profile and optimize the exit proceeds. The solution developed ensures that management is able to realize its share of the value created in the active development of IDAK.
