FirstRock sets one-year timeline to list dental supplier Optimum Trading
FirstRock Private Equity Limited, FRPE, has taken a majority stake in Optimum Trading Limited, a distributor of dental and medical supplies in Jamaica. The terms of the takeover were not disclosed. But the private equity firm is already indicating that it first plans to expand the company’s product portfolio then list the dental supplier on […]
FirstRock acquires Optimum Trading
FIRSTROCK Private Equity (FRPE) has acquired Optimum Trading, a distributor of medical and dental supplies in Jamaica. The acquisition now brings to three the number of companies FRPE has acquired in the last 24 months and brings the entity for the first time into the health-care sector. “Optimum was selected as it meets FRPE’s strategic […]
Jamaican equity firm buys into soap and candle making company in The Bahamas
NASSAU, Bahamas (CMC) — The Jamaica-based private equity firm FirstRock Private Equity Limited has acquired a 26 per cent stake in the local hand-made soap and candle company, My Ocean, under a deal brokered by the Bahamas-based company Simplified Lending. “The minority equity position by a regional player in The Bahamas is evidence of the […]
Simplified Lending brokers historic equity deal between Bahamian artisan boutique and Jamaican investment firm
This article was reposted from EyeWitness News, see the original here NASSAU, BAHAMAS — A Bahamian company that started with a few hand-made soaps and a cultural vision is going into expansion mode, moving into spacious manufacturing headquarters and expanding staff and its retail footprint thanks to a partnership with one of the premier investment […]
FirstRock Private Equity acquires stake in Bahamian company
Private equity firm FirstRock Private Equity Limited, out of Barbados, has entered into a definitive agreement with Bahamian manufacturer and retailer My Ocean Limited to purchase a minority interest in the company. FirstRock Private Equity is a member of First Rock Group but is not an affiliate or a subsidiary of FirstRock Capital Holdings, which is […]