Firms including MDA SearchFlow Limited, MDA Hub Limited, xit2 Limited, Rochford Brady Group and Millar & Bryce have been sold to TPG Capital.
MacDonald Dettweiler and Associates (MDA) agreed to sell its Information Products Division to TPG Capital, which includes all of MDA’s Information Products business units worldwide. Specific to the UK & Ireland, these include MDA SearchFlow Limited, MDA Hub Limited, xit2 Limited, Rochford Brady Group and Millar & Bryce.
The transaction is expected to complete early next year, and is subject to the customary regulatory approvals and other approvals and consents typical for this type of transaction.
Stuart Pearce, group managing director for MDA information Products (UK&I), said: “TPG is a world class investment company with deep skill sets and experience that will help us achieve our ambitious plans for growth over the next few years.
