Investment bank UBS AG has put up for sale its administrative services arm for employee equity plans to simplify its operations. Corporate Employees Financial Services International will be sold to Montagu Private Equity.
Montagu Private Equity
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London-based private equity firm Montagu will be exiting from its Polish broadcast infrastructure firm Emitel. American investment firm Alinda Capital Partners reportedly agreed to buy Emitel in a deal that could be worth EUR840 million.
ECI has sold its portfolio company Clinisys to Montagu Private Equity.
Montagu Private Equity bought CliniSys from ECI for 2.5 times the initial investment.
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