Dequity Capital Management Limited (DCM), a private equity holding company focused on growth-oriented small and medium-sized enterprises, is inviting investors to participate in its Initial Public Offering (IPO) opening on November 27. The company aims to raise J$657.5 million, offering shares at J$1.00 per unit as it accelerates plans to expand its investment reach across Jamaica and the wider Caribbean.

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 J$500 million. All applications must be submitted electronically through the VM Wealth IPO Edge Platform.

DCM, managed by Dequity Capital Fund Managers Limited, maintains a diversified portfolio spanning financial services, healthcare, real estate, digital print and media, and insurance brokerage. The company invests in high-potential businesses that often face barriers to growth due to limited access to capital or management support. Its strategy centres on driving operational improvements, unlocking value in underpenetrated markets, and building long-term capital appreciation for shareholders.

Kadeen Mairs, CEO of Dequity Capital, described the offering as a powerful milestone for the company.

“Going public gives us the opportunity to widen participation in our mission of nurturing and scaling small and medium-sized enterprises across the Caribbean,” he said. “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.”

Funds raised from the IPO will be used to settle existing debt, strengthening the company’s balance sheet and providing greater financial flexibility. Additional capital will support new investment opportunities aligned with DCM’s strategic focus.

The prospectus is now available, and the offer closes on December 18. VM Wealth Management is the Lead Broker and Arranger of the transaction.

Dwight Jackson, Assistant Vice President of Capital Markets at VM Wealth Management, 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,” he said. “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.”