By Dominic Chopping

STOCKHOLM--Swedish private-equity firm EQT AB said Friday that it has agreed to sell Iver to U.K. asset manager Intermediate Capital Group PLC.

Stockholm, Sweden-based Iver develops, packages and provides IT services and was founded by EQT in May 2018 through the merger of EQT portfolio companies Candidator and DGC IT Services.

The transaction is subject to customary conditions and approvals and is expected to close in August.

Financial details weren't disclosed.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

07-02-21 0521ET