Avance Investment Management Makes Strategic Investment in Clevertech

CVC Capital Partners to Acquire Clevertech (from the Reggiani Family via REFA)

June 30, 2026

Industrial Services

CVC Capital Partners will acquire 100% of the share capital of Clevertech, an Italian industrial automation and packaging systems company. The Reggiani Family holding company REFA will reinvest as a minority shareholder alongside CVC, with Clevertech’s founder Giuseppe Reggiani continuing as Chairman and CEO. Completion is expected by the end of 2026, subject to regulatory approvals.

Avance Investment Management Makes Strategic Investment in Alchemy Technology Group

July 22, 2024

IT Services

Avance Investment Management has made a strategic growth investment in Alchemy Technology Group, a Houston-based IT advisory, reseller, and managed-services provider focused on cybersecurity, cloud, and modern workspace solutions. The partnership will support Alchemy’s organic growth initiatives, expansion of its commercial and service capabilities, and pursuit of strategic acquisitions; terms were not disclosed.

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.

Levine Leichtman Capital Partners Invests in cleversoft

June 12, 2023

Software

Levine Leichtman Capital Partners (LLCP) has agreed to invest in cleversoft Group GmbH in partnership with founder Florian Clever and the existing management team, with Main Capital Partners exiting its prior investment. cleversoft, a Munich‑headquartered RegTech software provider serving global banks, asset managers and insurers, will use the investment to scale internationally and pursue organic growth and select acquisitions; terms were not disclosed.

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.

The Riverside Company Invests in Avance Clinical

November 9, 2021

Healthcare Services

The Riverside Company has invested in Avance Clinical, a leading Australian contract research organisation (CRO), to support the company's regional and international expansion. The investment will help Avance accelerate its clinical trials business — including vaccine and gene-technology studies — with a particular focus on growth in North America and Asia.