Investor services provider IQ-EQ has competed the acquisition of Irish fund management business Davy Global Fund Management (DGFM) following regulatory approval from the Central Bank of Ireland. Effective immediately the legacy DGFM business will operate as IQ-EQ Fund Management (Ireland) Limited a fund management company that helps global asset managers to establish and operate UCITS and AIF structures in Europe.   The newly combined business will offer fund management and portfolio management services, fund administration and corporate dministration services from its offices in Dublin and Shannon where it employs a team of 130-plus people, part of a total employee base

Private equity firm Winch & Co, which has its sights set on adding five logistics business to its increasing portfolio, has completed the acquisition of a North East freight operator and its 250,000 square foot industrial estate. The purchase of Dedicated Transport Solutions (DTS), which operates a road transport fleet from its base in Cramlington, County Durham, comes on the back of Winch & Co’s purchase of Eclipse Distribution Solutions, a £4 million transport business based in Loughborough.   Winch & Co was founded by South Yorkshire entrepreneur Nathan Winch, who sold his first business in 2017. The business, which

Swander Pace Capital (SPC), a private equity firm specialising in consumer product companies, has sold T-Bev, a manufacturer and distributor of tea extracts, instant tea, natural and organic caffeine and other botanical extracts catering to the functional beverage and dietary supplement markets, to Florida Food Products (FFP). Since being acquired by SPC in June 2021, T-Bev has benefited from significant investments in innovation, sales, and operational infrastructure. As the demand for natural, organic and clean-label ingredients continues to grow, T-Bev has emerged as a leading player in the functional ingredients category. T-Bev represents Swander Pace Capital’s third completed food ingredient

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.