ECI Partners Acquires Independent Governance Group (IGG)

Independent Governance Group Acquires IC Select

January 9, 2024

Financial Services

Independent Governance Group (IGG), a UK provider of professional pensions trusteeship and governance services, has acquired IC Select, a specialist firm that helps trustee boards select and monitor investment consultants and fiduciary managers. The deal — supported by IGG's private equity backer LDC — will allow IC Select to retain its brand and leadership while benefiting from IGG's resources and a new Scottish hub in Edinburgh.

Independent Governance Group Acquires like minds

June 1, 2023

Marketing & Advertising

LDC-backed Independent Governance Group (IGG) has acquired creative communications agency like minds, expanding IGG's offering to include employee engagement, pensions and benefits communications and financial wellbeing services. The like minds team will operate as a distinct brand within IGG, with current Managing Director Judith Groves joining IGG's leadership while founders Nick and Moira Throp step back.

Intermediate Capital Group (ICG) Acquires Iver from EQT Private Equity

July 2, 2021

IT Services

Intermediate Capital Group plc (ICG) has agreed to acquire Iver Holding AB, a leading Nordic managed IT services provider, from EQT Private Equity (EQT Mid Market Europe fund). Iver, headquartered in Stockholm with more than 1,300 employees and strong multi-cloud, cybersecurity and IT outsourcing capabilities, was created by EQT through a merger and expanded via multiple add-ons; the transaction is expected to close in August 2021 for an undisclosed amount.

ICG and DGS Management Acquire DGS S.p.A. from H.I.G. Capital

June 11, 2024

IT Services

H.I.G. Capital has agreed to sell its portfolio company DGS S.p.A. to the company's co-founders and management team in partnership with ICG. The transaction transfers ownership from H.I.G. to a management-led group alongside ICG, positioning DGS for continued growth in cybersecurity and digital transformation services in Italy.

ECI Partners Acquires Majority Stake in Croud

October 31, 2024

Marketing & Advertising

ECI Partners has taken a majority stake in Croud, the UK-headquartered global digital marketing agency, in a deal that marks LDC's exit after a five-year partnership. The investment will support Croud's continued organic growth and further acquisitions, enabling expansion of its media, data and technology capabilities while the business maintains operational independence.

Interlock Equity Makes Growth Investment in Investor Group Services (IGS)

December 14, 2022

Professional Services

Los Angeles-based private equity firm Interlock Equity has made a strategic growth investment in Boston-based consulting firm Investor Group Services (IGS). The minority growth capital will support IGS's expansion of its consulting team, new service offerings, geographic footprint, and potential strategic acquisitions while founders and leadership retain significant ownership.