Avance Investment Management Makes Strategic Investment in Alchemy Technology Group

Avance Investment Management Makes Strategic Investment in Clevertech

June 2, 2023

IT Services

Avance Investment Management has made a strategic/growth investment in Clevertech Partners LLC, a provider of end-to-end digital product development and digital transformation services. The deal (terms undisclosed) will support Clevertech’s expansion and scaling of its RemoteNative delivery model across North America and Western Europe while the existing management team remains in place.

Avance Investment Management Makes Strategic Growth Investment in Tracxtion Commerce Group

June 12, 2024

Marketing & Advertising

Avance Investment Management has made a strategic growth investment in Tracxtion Commerce Group Inc., a Toronto-based hybrid agency network that provides omnichannel marketing, experiential events, media planning, and in-store retail execution. The capital will be used to expand Tracxtion's service offerings and accelerate its expansion across the U.S. market while Avance partners with the company's founder-led management team to drive growth.

Avance Investment Management Makes Strategic Investment in RIA Advisory

August 29, 2022

IT Services

Avance Investment Management, a middle-market private equity firm, made a strategic (minority) investment in RIA Advisory to support the company’s growth and expansion of its revenue management offerings. RIA Advisory’s founder and management team will remain in place as the capital will be used to diversify capabilities, expand into new verticals and accelerate international growth.

Avance Investment Management Makes Strategic Investment in Barchemy

October 7, 2025

Food & Beverage

Avance Investment Management has made a strategic minority investment in Barchemy, LLC, a developer and manufacturer of better-for-you chocolate and confectionery ingredients. Barchemy Founder and CEO Larry Toscano will retain a significant ownership stake and continue to lead the company as the business invests to expand capacity, facilities and product innovation; terms were not disclosed.

Avance Investment Management Invests in Synergy Infrastructure Holdings

January 20, 2022

Industrial Services

Avance Investment Management made a significant platform investment in Synergy Infrastructure Holdings, a Tampa-based construction equipment and specialty pump rental provider with 19 locations across the Southeastern U.S. Avance will partner with founder and CEO Juan Carlos "JC" Mas and the existing management team to expand Synergy's locations, products and service capabilities and to pursue organic growth and strategic acquisitions.

NTT DATA Acquires Alchemy Technology Services

October 23, 2025

IT Services

NTT DATA has acquired Alchemy Technology Services, a Northern Ireland–based insurance technology consultancy specializing in Guidewire implementations and complex insurance transformation. The deal expands NTT DATA's insurance capabilities and regional delivery footprint in the UK and Ireland, positioning Alchemy as a Global Centre of Excellence for insurance modernization within NTT DATA.