9fin is a trusted source of information for IK Partners
IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €14 billion of capital and invested in 170 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. Partnering with businesses it believes in, IK also applies the same approach when it comes to working with service providers.
Thierry Aoun, Partner and Capital Markets Lead at IK, explains why 9fin suits their needs: “We rely heavily on solid relationships but also detailed analytics in our approach to financing.” He explains that this enables the team to be nimble, innovative and ensures the establishment of forward-looking financing structures, aligned with the growth aspirations of management teams and shareholders.
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9fin is a trusted and extremely reliable source of information, proving very useful when we begin to look at a new investment.
Data-gathering
“9fin is a trusted and extremely reliable source of information, proving very useful when we begin to look at a new investment. The platform interface is easy to navigate and allows for seamless data-gathering on a specific company, through the aggregation of crucial information (financials, capital structure, filings, covenant overview, market reception). Thanks to its intuitive search functionality, it is quite easy to filter companies by sector size, geography or other relevant metrics and zoom in rather rapidly on a sensible capital structure, whilst also providing more detailed terms and conditions (pricing, covenants and so on) for the target we are looking to acquire. This is done by weighing its creditworthiness against existing issuers and borrowers.”
Market pulse
“Beyond leveraging 9fin when looking at new buyouts, we rely on the platform quite significantly when it comes to keeping an eye on the market”, Thierry adds. “The news come in real time and the analysis and commentary (for instance, those in the QuickTake”) is often insightful and serves as one of the several datapoints contributing to our read and assessment of current financing conditions, in particular in the syndicated space. It also has clear links to other sources of credit liquidity (for example, direct lending).”