Harwood Private Equity has sold its investment in Utitec, a leading supplier of precision-stamped miniature component parts used in the manufacture of medical devices and disposables, based in Connecticut, USA. Under Harwood Private Equity’s ownership, Utitec expanded its operational capabilities and product range through organic investment and two significant acquisitions. Harwood Private Equity acquired Utitec in December 2012 and sold the company to a US- based trade buyer.