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Triton funds to exit Swedish infrastructure service group Eleda

Private equity firm Triton, through its managed funds, agreed to sell Stockholm-based Eleda Infra Services Group for an undisclosed sum.

The buyer is a consortium comprising members of the Swedish infrastructure service company's management team.

"We view this as an appropriate time for management to take over as full owners and to continue developing the company further," Peder Prahl, director of the general partner to the Triton funds, said in a release.