The Carlyle Group, the alternative asset management firm, has agreed to acquire UK auto repair company Nationwide Accident Repair Services for £43.2 million in cash ($64.2 million).

The offer, which has been recommended by the NARS board and accepted by shareholders controlling 61% of the stock, represents a 13% premium to the 88.5 pence per share closing price on March 31 and a 45% premium to the average price for the last three months.