Southland said several parties were interested in acquiring the division before it chose the investment group.
BAE Systems agreed to acquire the division in July 2000 and completed its acquisition on 27 November.
The Rales said that they were prepared to begin negotiations with Interco with a view to acquiring the division before the end of the year.
In 2008, The Carlyle Group acquired the marine and pool division of Zodiac.
OneNeck also acquired the managed hosting division of Ensynch (now Insight Enterprises) in 2008.
Executive Peter Diamandis acquired the division in 1987.
Namco acquires the Japanese division of Atari, Inc. and formally enters the video arcade game market.
In the same year, Connells acquired the western division of Prudential Property Services', increasing its number of branches to around 150.
On April 7, 1986, a group of seven employees acquired the division, in a leveraged buyout.
Software Spectrum Inc. agreed yesterday to acquire the corporate, government and education division of Egghead Inc. for $45 million.