Nordic Capital has agreed to acquire ABB Full Service, an outsourcing company for industrial maintenance services, from the ABB Group. The carveout is expected to close in 4Q 2014 and includes moving the company’s head office from Prague to Stockholm. ABB Full Service employs more than 2,500 direct service professionals in 30 countries, managing a yearly customer maintenance spend of over $500 million (€376 million). The business will continue to operate under the ABB Full Service name for a transitional period until a new name and brand are launched. The deal was made through Nordic Capital Fund VIII, which closed at the end of 2013 with €3.5 billion ($4.6 billion) in commitments.