European private equity house Triton has agreed to acquire UK multi-utility services specialist OCU Group from €5.2bn Fund V.
It has over 2,000 employees generating £300m of revenues over the past financial year.
It took Clinigen Group private in a £1.3bn deal in January and agreed to sell German radiology and radiotherapy player Meine Radiologie to EQT Infrastructure last year after seeing turnover surge at the company since its 2019 buyout.
It closed its fifth main buyout vehicle on €5.2bn in 2018, smashing its €4bn target and beating its hard cap.
Read more: Alt Assets
