Public sector recruiter The Capita Group has acquired the trade and assets of pensions administration and software business of NorthgateArinso for a consideration of £27.5m on a cash-free, debt-free basis.

NorthgateArinso’s specialist pensions business provides both third-party pensions administration and pensions software for in-house pensions departments to private sector clients including Aviva, Boots, Michelin and Rentokil.

Paul Pindar, chief executive of the Capita Group, says: “This acquisition will both complement our existing administration business and will allow clients coming to us from NorthgateArinso access to a wider range of specialist pension services.”