ibg has been sold to Nordwind Capital

ibg Prüfcomputer GmbH, along with its affiliates ibg NDT Systems Corp. and ibg SWISS AG (together, “ibg”), has been acquired by Nordwind Capital GmbH (“Nordwind”). ibg is a technology leader in the design, development and manufacture of non-destructive eddy current test instruments for the detection of hardness and structure flaws in components. ibg’s instruments enable 100% automated real-time testing of critical mass-produced components, which are used in various industries including the automotive, electronics, wind energy and aerospace markets. Accordingly, ibg is globally active and geographically diversified, generating approximately 50% of its revenues in North America and Asia.

EC M&A acted as exclusive financial advisor to ibg on this transaction.