IK Investment Partners, a London-based private equity firm, announced its third acquisition in a month, as the firm’s seventh fund, which closed at €1.4 billion in October 2013, nears full deployment.

IK, which invests across northern Europe, has acquired TeleComputing, an IT business based in Scandinavia. The deal follows IK's purchases of CID Lines, a Belgium-based hygiene products company and Salad Signature, a manufacturer of sandwich fillings in Benelux in December 2015.