Deals
Global professional and financial services group SMP is to acquire RBC Corporate Services Hong Kong, a division of RBC Investor & Treasury Services. The transaction, which is subject to regulatory approval, forms a key part of the firm’s global buy and build strategy, marking the third acquisition made by SMP since completing a management buyout backed by Palatine Private Equity in 2019.
SMP Group has grown into a leading international provider of fund administration and corporate and trust services. In total, the company now employs over 250 people across seven global offices, including the Isle of Man, Jersey, Switzerland, Malta,
The British Business Bank has allocated an additional GBP23.7m to Maven Capital Partners (Maven) from the Northern Powerhouse Investment Fund.Maven was first awarded the Northern Powerhouse Investment mandate for Equity investments in the North West of the UK in 2017 and since then has invested GBP33m into 49 small and medium SME’s, creating 382 roles within the North West Region.
Investments to date include a GBP500,000 investment into Summize Limited who based in Greater Manchester, GBP1 million into Merseyside Based YR Free Labs, an investment of GBP1.6 million into Lancaster Based Relative insight and GBP300,000 into Cheshire based intilery.
The Fund
FTV Capital, a sector-focused growth equity investment firm, has made a growth equity investment in Docupace, a cloud-based digital operations software provider for wealth management firms.
Docupace provides solutions that include client and advisor onboarding, document management, standardized workflows, robust approval processes, and compliant storage as an integrated platform that eliminates the need for multiple vendors.
The capital injection enables Docupace to expand its product and service offerings to its broker-dealer, registered investment adviser and insurance firm customers, as well as with financial advisors.
Docupace also appoints David Knoch, former president of 1st Global, to the role of chief executive
Middle market private equity firm One Equity Partners’ (OEP) portfolio company Orion Innovation (Orion) has completed the acquisition of Tekmark Global Solutions, an outsourced technology and telecom services firm.Terms of the transaction have not been disclosed.
Headquartered in Edison, NJ, Tekmark provides software engineering, quality engineering, telecom engineering, managed services, cyber security and data analytics. The Company’s experienced team of over 850 IT professionals will be deployed to Orion’s US-based delivery team.
“Tekmark’s solutions and deep customer relationships are complementary to Orion’s services and ability to innovate digital transformation solutions for Fortune 1,000 companies worldwide,” says Chip Schorr, Senior Managing Director,
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in fire protection service provider Basic Fire & Safety (BFS) as an add-on to its fire and life safety platform, Performance Systems Integration (PSI). Based in Portland, Oregon, PSI is a leading provider of fire and life safety services in the Pacific Northwest. The company provides customers with fire and life safety services including system inspection, service and monitoring, equipment sales and cylinder repairs as well as installations for new construction and retrofits.BFS provides customers in Washington state with a variety
Docupace, a maker of cloud-based wealth management software, has secured a significant growth equity investment from FTV Capital, a sector-focused growth equity investment firm.
This investment enables Docupace to expand its product and service offerings to its broker-dealer, registered investment adviser (RIA), and insurance firm customers, as well as with the financial advisors affiliated with these businesses.
Docupace also announced the appointment of David Knoch, former president of 1st Global, to the role of chief executive officer, effective immediately.
The investment and leadership FTV Capital brings to the company will help Docupace accelerate its client-centric initiatives of expanding its capabilities
American Pacific Group, a San Francisco-based private equity firm, in partnership with Joe Falsetti of Dana Holdings, has acquired SaltStick, an electrolyte replenishment supplement with a strong following among endurance athletes for in-competition and training activities.SaltStick was founded in 2006 by Jonathan Toker, an elite-level triathlete and trail runner who holds a PhD in organic chemistry. SaltStick products are now sold in over 40 countries around the world; products include SaltStick Vitassium, a medical food designed for individuals suffering from sodium and potassium deficiency. This acquisition was the first for American Pacific Group’s newly established holding company, Roadrunner Holdings LLC,
A cybersecurity company, with a platform that helps to safeguard transport and infrastructure systems, has raised a further GBP1.8 million to help it expand its business in the maritime sector.CyberOwl has secured funding from 24 Haymarket, Mercia’s EIS funds, and the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia as part of the Midlands Engine Investment Fund. The latest investment will allow the company to expand its global client base and establish itself as a leader in cybersecurity for shipping lines and port operators.
CyberOwl, which has offices in Birmingham and London, provides early
Glennmont Partners, a fund manager focused exclusively on investing in clean energy infrastructure, has agreed to the sale of a 15 per cent minority stake in Project Piiparinmäki, a 211.4mw wind farm, to Kansai Electric Power Company.
The onshore wind farm, located in central Finland, is currently under construction with COD expected in late 2021. Once operational, Piiparinmäki will be the largest wind farm in Finland, a significant wind power asset in the Nord Pool area, and one of the largest unsubsidised wind farms in Europe.
The sale of the stake in Piiparinmäki marks the first divestment from Glennmont’s EUR850
Vattenfall has entered into a partnership with Greencoat UK Wind, and has given the green light to the construction of South Kyle, its largest onshore wind farm in the United Kingdom.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
