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Private equity firm Montagu agrees to sell Covidence

European private equity firm Montagu Pvt. Equity LLP said May 17 it agreed to sell miniature video surveillance equipment manufacturer Covidence to funds managed by EMK Capital LLP, a U.K.-based private equity firm.

The deal, financial terms of which were not disclosed, is expected to be completed in May.

William Blair was financial adviser to Covidence and Montagu on the transaction.