The Finnish credit information company Asiakastieto Group (Asiakastieto) listed on NASDAQ Helsinki, is to acquire UC AB (UC) in a deal worth EUR340 million. Nordea owns 26.1 per cent of the shares in UC and will receive 2,303,315 shares in Asiakastieto, equivalent to 9.6 per cent of the shares in

Chelverton Asset Management Limited (Chelverton), a specialist investor in sub-FTSE 100 quoted equities and unquoted SMEs, has completed its first realisation of 2018 on behalf of its Investor Club. Crawley-based Tufwell Glass Limited (Tufwell) has been sold to Brownhills Investments Limited – the holding company for Midlands-based Brownhills Glass and

Investcorp has sold Veco Precision (Veco) to Gilde Buy Out Partners and the company’s existing management team. Veco is being carved out and sold by its parent company SPGPrints Group, a provider of integrated solutions for rotary screen and digital printing for textiles and industrial applications, acquired by Investcorp in

Ropes & Gray has advised Ares Management on the sale of its portfolio company Cordium – a leading provider of governance, risk and compliance services – to ACA Compliance Group, a US-headquartered leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity.

Palatine Private Equity has completed the successful sale of Westleigh to Countryside Properties, achieving over a three-times return and 90 per cent IRR within less than two years of making the original investment. Westleigh is the largest independent housebuilder in the Midlands focusing on the delivery of affordable homes to

Audax Private Equity (Audax) has completed the sale of Wheel Pros to Clearlake Capital, a private equity firm based in Santa Monica, California. Wheel Pros, headquartered in Denver, CO, is a leading designer, marketer, and distributor of branded aftermarket wheels, performance tires and accessories.   Geoffrey S Rehnert, Co-Chief Executive

Lincolnshire Management has sold Amports, a leading North American port terminal operator, to a group of investors led by InstarAGF Asset Management. Amports controls portside acreage at many of the top roll-on, roll-off ports across the United States and Mexico, including in the San Francisco Bay Area, Baltimore, Jacksonville and

Private equity firm HIG Capital (HIG) has closed the sale of HelpSystems Holdings (HelpSystems) to HGGC. Founded in 1982 and headquartered in Eden Prairie, MN, HelpSystems is a leading provider of systems and network management, business intelligence, and security and compliance solutions. The Company delivers IT infrastructure software for IBM

Following an approval by regulatory authorities, ARX Equity Partners (ARX) has exited its investment in Czech producer of specialised electrical motors VUES Brno (VUES) via a EUR53 million sale to Moog Inc. ARX’s investment in VUES generated an overall 11.8-times cash-on-cash return multiple and an IRR of over 30 per