EMK to acquire Covidence from Montagu.

EMK, a UK based private equity firm to acquire Covidence from Montagu, a leading European private equity firm. Financial terms were not disclosed. Covidence is the global technology leader in the niche professional market of miniature covert video and audio surveillance equipment. The business was founded in 2007 and is based in Rønde, Denmark. Montagu led the buyout of Covidence in 2015. Over its four years of ownership, Montagu has helped the business to grow its top line through the development of new products and platforms, and by enhancing the go-to-market strategy. Covidence achieved double-digit annual sales growth over the period from 2015 to 2018.