Five Arrows Principal Investments completed the acquisition of Mintec from Synova.

Five Arrows Principal Investments, a private equity firm, completed the acquisition of Mintec, a provider of food-related commodity prices, forecasts, and advanced analytics, from Synova, a private equity firm. Financial terms were not disclosed. “Synova has been a highly supportive partner for the Company, backing us at every stage, as we deliver on our vision to develop the world’s most advanced commodity price forecasting and analytics platform. Their guidance on our commercial and proprietary data strategy has been invaluable throughout, along with their hands-on support to source the acquisition of Kairos. I’m delighted that Synova are re-investing alongside Five Arrows so they will remain a close partner for Mintec during this next exciting phase of our growth," Spencer Wicks, Mintec CEO.