GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.

Access past editions of NewsWatch here.

Sanlam Private Equity Acquires Majority Stake in South Africa’s Danny’s Auto Body Parts

Sanlam Private Equity acquired a majority stake in Danny’s Auto Body Parts, a South Africa-based aftermarket automotive parts and accessories supplier. Read More

Astra Leads Series D for Indonesia’s Halodoc

Astra Digital Internasional led a Series D for Halodoc, an Indonesia-based healthcare platform, with participation from Openspace Ventures and Novo Holdings. Read More

BPEA EQT Completes Merger of Hong Kong’s Vistra and Tricor

BPEA EQT completed the merger of Hong Kong-based fund and corporate services platforms Vistra and Tricor at a USD6.5b valuation for the combined entity. Read More

Orange Ventures Leads USD9m Series B for Nigeria’s Terragon

Orange Ventures led a USD9m Series B for Terragon, a Nigeria-based data and cloud martech company, with participation from TLcom Capital, LoftyInc, Sango Capital, VestedWorld and Western Technology Investment. Read More

Vantage Capital Acquires Controlling Stake in Kenya’s Auquasantec International for USD25m

Vantage Capital acquired a controlling stake in Auquasantec International, a Kenya-based water tank manufacturer and distributor, for USD25m. Read More

CVC Capital Partners Reaches ~USD29.2b Final Close for Fund IX

CVC Capital Partners reached a EUR26b (~USD29.2b) final close for its ninth fund focused on European and American investments. The vehicle exceeded its EUR25b target, making it the world’s biggest buyout fund. Read More

Horizon Capital Leads USD70m Series C+ for Ukraine’s Preply

Horizon Capital led a USD70m Series C+ for Preply, a Ukraine-founded language tutoring platform, with participation from Reach Capital, Hoxton Ventures and others. Read More

Addition Leads USD6m Seed Round for Egypt’s Flash

Addition led a USD6m seed round for Flash, an Egypt-based cashless payments app for consumers and businesses, with participation from Flourish Ventures and angel investors. Read More

Quadria To Exit Vietnam’s FV Hospital for USD381.4m

Quadria Capital agreed to exit FV Hospital, a Vietnam-based hospital chain, through a sale to Thomson Medical Group for USD381.4m. Read More

AFIG Funds and Norfund Acquire Côte d’Ivoire’s Nouvelle Mici Embaci

AFIG Funds and Norfund acquired Nouvelle Mici-Embaci, a Côte d’Ivoire-based industrial packaging and printing services provider, from agro-industrial conglomerate Groupe Carré d’Or. Read More

Multiples Invests ~USD145.9m in India’s Veritas Finance

Multiples Private Equity led a INR12b (~USD145.9m) investment in Veritas Finance, an India-based non-banking financial company, with participation from IFC, Avendus and others. The deal will facilitate a partial exit for British International Investment and Lok Capital.  Read More

BlueOrchard Reaches USD50m Second Close for IIF PE II

BlueOrchard reached a USD50m second close for its InsuResilience Investment Fund Private Equity II focused on private sector capital to support climate change adaptation and build resilience in emerging markets. Read More