Investment firm Dequity Capital Management has acquired a 25 per cent stake in Pinnacle Insurance Brokers.
Dequity Capital CEO Kadeen Mairs said the shareholding in Pinnacle was acquired for $45 million, which, given the insurance brokerage’s $350-million valuation, was secured at a bargain price.

Dequity Capital, headed by Kadeen Mairs, has raised a J$600 million bond in order to make a number of strategic investments in medtech and fintech companies throughout this year.

VM Wealth Management Limited has entered into a strategic partnership with private equity firm Dequity Capital Management Limited.