Funds advised by SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, specialty chemicals, and pharmaceuticals sectors, has acquired Florachem Holdings (Florachem) from an affiliate of Carmelina Capital, LLC. Florachem is a leading manufacturer and supplier of natural plant-based ingredients including citrus, pine, and specialty rosin resins. The Company’s high quality natural products help their global customer base improve product performance with sustainable, clean-label ingredients. Florachem partners with industry- leading customers across diverse end markets including flavour and fragrance, personal care, industrial, and coatings and adhesives.   Florachem, led by President and CEO, Jon Leonard,

Ownwell, an online solution to help commercial and residential property owners save money on property taxes, has raised $5.75 million in a seed funding round led by First Round Capital. Additional investors in the round include Wonder Ventures, Founder Collective, Long Journey Ventures and former PayPal board member Scott Banister. The latest round brings the total raised for Ownwell to $7.5 million. Previous investors include Wonder Ventures, Founder Collective, Long Journey Ventures, The Fund and notable angel investors in fintech and proptech. Both rounds were several times oversubscribed.

Solinftec, one of the world’s largest independent precision agriculture companies, has secured a $60 million growth investment round led by the Lightsmith Group. The investment will enable the company to further expand its digital farm operations platform in North America and South America. Lightsmith is joining existing investors in the company, Unbox Capital, which also participated in the round, and Circularis Partners (TPG ART).  Additional undisclosed investors are also participating in the round. 

Ferd has acquires a 33 per cent share in Aidian, a Finnish developer, manufacturer and vendor of instruments and tests that are used in such fields as primary care to provide quick and accurate test results. Ardian was acquired by Swedish family-controlled investment firm Nordstjernan earlier this year. Aidian’s range of tests addresses several global health problems, such as antimicrobial resistance (AMR), diabetes and colorectal cancer. Aidian has tests that are intended to reduce unnecessary prescriptions of antibiotics, which is a driver behind the growing threat from AMR and antibiotic-resistant bacteria.    The parties have agreed not to disclose the

DRINKS, a specialist in e-commerce alcohol, has acquired Electriq Marketing, a Shopify-focused digital retention and growth agency. With this acquisition, DRINKS now provides all the technology and expertise necessary to start, run, and grow the e-commerce alcohol category. DRINKS’ pioneering Wine as a Service (WaaS) platform enables the largest brands, retailers, and marketplaces to offer their customers nationwide home alcohol delivery with full regulatory compliance. DRINKS powers this new operating system for e-commerce alcohol with Artificial Intelligence, Machine Learning, Computer Vision, and Natural Language Processing to provide its partners with data-driven insights that generate personalised shopping experiences that drive customer

Churchill Asset Management, an investment-specialist of Nuveen which provides customised financing solutions to private equity firms and their portfolio companies, has appointed Jason Quinn as Managing Director, Origination. Quinn will be responsible for strategically developing and maintaining private equity sponsor relationships and sourcing senior lending opportunities in the western region of the United States. He will lead Churchill’s new Los Angeles office and report directly to Randy Schwimmer, Churchill’s Co-Head of Senior Lending.   Quinn has over 14 years of experience, most recently as a Senior Vice President at Antares Capital (formerly GE Antares). There, he was responsible for sourcing

Cairngorm Capital Partners (Cairngorm Capital) has partnered with SageHome Inc, a US-based home services business which provides home modifications, accessibility and mobility solutions that help its customers to live independently at home for longer. Headquartered in Atlanta, Georgia, SageHome bridges the significant gap between healthcare and proactive home modification. It combines professional design and installation teams, with occupational therapists’ expertise, to create a stylish, functional and safe living space that allows seniors to remain independent in their homes.  SageHome’s first acquisition, New Bath Today Inc. (NBT), is an award-winning bathroom renovation specialist, with a particular focus on the wet area