3i and Accent no longer in Alignment

3i and Accent Equity Partners, the Swedish firm, have agreed to sell their shares in Alignment Systems, a manufacturer of vehicle repair equipment, to FSN Capital Limited Partnership II. Financial details have not been disclosed.

The company, which is based in Kungsör, Sweden, was acquired in October 2001, with each firm taking 50% of the business. 3i invested off its balance sheet as well as through 3i Europartners III. Euroventures invested through the Baltic Rim Fund and the Sixth AP (National Pension Insurance) Fund.

Alignment Systems consists of two groups: Car-O-Liner, which focuseson cars and light trucks; and Josam, which focuses on heavy-duty vehicles.