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Bahrain's Investcorp buys US firm FishNet Security

Investcorp, one of the Middle Easts largest private equity houses, has acquired a majority stake in Kansas-based information security firm, FishNet Security Inc, from Lake Capital

The deal comes few days after Investcorp sold CCC Information Services to US-headquartered Leonard Green & Partners, however, the value for the transaction has yet to be revealed.

The company had last year exited from truck and trailer parts distributor FleetPride to private equity firm TPG for over US$1bn.

Investcorp, which previously took over public luxury brands Gucci and Tiffany & Co, had US$11.5bn in assets under management as on 30 June 2012.