Kester Capital, a private equity firm, completed the acquisition of Rephine, an audits and regulatory consulting services provider. Financial terms were not disclosed. “Rephine provides an invaluable service to its auditees and customers through its differentiated audit library model. We are delighted to be partnering with Adam, Maureen and the existing management team to grow the business organically and through acquisition," Adam Maidment, Kester Capital Managing Partner.