Advantage Partners completed the acquisition of Qit from CLSA.

Advantage Partners, a services provider to private equity funds, completed the acquisition of Qit, a provider of a wide range of outsourcing services, from private equity firm CLSA. Financial terms were not disclosed. "AP Funds plan to support the company’s growth by working with Qit’s management and employees to further strengthen the operating foundation that they have worked so hard to establish," Advantage Partners.