With its sights set on raising $657.5 million from initial public offer (IPO) of shares at $1.00 per unit, Dequity Capital Management is planning to boost its capital support of local and regional small and medium-sized enterprises (SMEs), as it maps growth across Jamaica and the Caribbean

The private equity holding company last Thursday, November 13, 2025, filed its prospectus for the IPO on the Jamaica Stock Exchange’s website. In it, Dequity Capital outlined its intentions to use proceeds to reduce debt, pay for expenses related to the capital raise, and support working capital needs.

In particular, additional capital will support new investment opportunities aligned with the company’s strategic focus on supporting SMEs. Dequity Capital’s overarching vision, however, is to expand its reach across Jamaica and the wider Caribbean to SMEs looking for new capital.

“Going public gives us the opportunity to widen participation in our mission of nurturing and scaling small and medium-sized enterprises across the Caribbean,” said Kadeen Mairs, CEO of Dequity Capital Kadeen Mairs while describing the offering as a powerful milestone for the company.

“Our disciplined approach, proven track record and strong governance framework place us in a solid position to continue delivering long-term value. This IPO will provide the capital necessary to accelerate our expansion and strengthen the growth trajectory of our portfolio companies,” he added.

Dequity Capital invests in high-potential businesses that often face barriers to growth due to limited access to capital or management support. Its diversified portfolio includes companies in the financial services, health care, real estate, digital print and media, and insurance brokerage industries.

At present, the company’s strategy centres on driving operational improvements, unlocking value in underpenetrated markets, and building long-term capital appreciation for shareholders.

Representing the lead broker and arranger of the IPO, VM Wealth Management, Dwight Jackson said the IPO underscores growing momentum and investor interest in Jamaica’s private equity landscape.

“This offering creates an accessible opportunity for both retail and institutional investors to own a stake in a diversified portfolio of high-growth Caribbean businesses,” the VM Wealth Management assistant vice-president of Capital Markets explained.

“With its strategic pricing and strong fundamentals, we believe the DCM IPO will unlock significant financial flexibility, fuel further economic development and deliver meaningful long-term value for clients and shareholders,” he further opined.

VM Wealth Management Limited is a subsidiary of VM Investments Limited, which is also engaged in the private equity space.

Dequity Capital’s IPO opens on November 27, 2025, with closing scheduled for December 18. Of the total shares on offer, 263 million are reserved for strategic investors, with 394.5 million shares available to the general public.

The offer carries a minimum raise of $500 million. All applications must be submitted electronically through the VM Wealth IPO Edge Platform.