Aberdeen Asset Managers has sold ID Support Services to Penta Capital Partners in a deal that values the company at around £25m (€32m).
Yorkshire Bank provided a debt package to support the deal.
Penta plans further investment to grow the business and secure its position as a service provider to blue-chip, multi-site customers in the retail, public, leisure and commercial sectors.
In the year to 30 June 2008 IDSS has grown by 42% with revenues of £26.5m. The group acquired ID Intact Ltd in November 2007 and GK Scotia in December the same year.