News digest

IGG adds funds adviser | Hogmanay laser firm sold

Staying on: Peter Dorward

Independent Governance Group (IGG), a provider of professional pensions trusteeship and governance services, has acquired Edinburgh-based pensions fund adviser IC Select.

The deal extends IGG services to the selection and oversight of investment consultants and fiduciary management providers.

IC Select has a 16-year track record and more than 50 years of combined experience across its team.

Peter Dorward, managing director, will continue to lead IC Select, with founder Roger Brown also remaining with the business. 

The acquisition allows IGG to establish a new Scottish hub in Edinburgh as part of its wider regional roll-out strategy. IC Select and its clients will join a network of offices across the UK with more than 170 staff.

Visual effects company acquired

The two firms have a range of plans including lighting Glasgow City Chambers

Events company 21CC Group, a Glasgow company behind the Glasgow Christmas Lights and UCI World Cycling Championships, has acquired Midlothian-based laser and visual installation company funktioncreep.

The six-figure deal will create opportunities for 21CC Group to move into new sectors and deliver even bigger events with the addition of laser displays, 3D video mapping and visual effects.

Established in 2006, funktioncreep is known for its laser shows, architectural projection mapping, LED and holographic projections as well as in-house content creation.

Clients include Peter Vardy, People’s Postcode Lottery, Culture Creative, Tigerlily and Edinburgh’s Hogmanay, as well as festivals such as Glastonbury, TRNSMT, Creamfields, Celtic Connections and Terminal V.

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