Primary Capital Partners Acquires ASL Group

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By Joe Panettieri -Private equity firm Primary Capital Partners has acquired ASL Group, a provider of managed print services and unified communications in the United Kingdom. Mobeus Equity Partners had owned ASL since 2010.

Financial terms from the deal were not disclosed, but sources say MSP-centric business valuations run around 4 times to 8 times annual EBITDA, depending on a range of metrics.

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