SEP completed the acquisition of a 73% stake in AutoRek.

SEP, a growth equity investor, completed the acquisition of a 73% stake in AutoRek, a financial control provider and regulatory reporting and data management software. Financial terms were not disclosed. "We are delighted to have SEP on board as an investment partner to continue the successful evolution of the AutoRek business. SEP has extensive experience in the software sector and we are looking forward to working with them to build on our recent growth and to capitalise on the substantial opportunity within the global financial services market," Gordon McHarg, AutoRek CEO and Co-founder.