IK Partners and NPM Capital are the two remaining bidders in the final round of the sale process for Dutch conveyor manufacturer AmbaFlex, according to 9fin sources.
Final binding offers are due on 18 June, sources said. Nielen Schuman is the sellside advisor.
Direct lenders are looking to finance the deal for the founder-owned firm, with sponsors looking for up to 4.75x leverage, the sources added.
IK Partners is also exploring a bank club, they said.
Ardian, CVC, and Triton Partners were also bidders in the second round, 9fin reported last month.
This followed Cobepa, CVC, NPM Capital, Parcom, and Waterland being among the private equity suitors looking during the first round, we also reported in April.
Ambaflex, IK Partners, Nielen Schuman, and NPM Capital did not return requests for comment.






