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.
Resource Partners Exits Poland’s Tołpa to Innova-backed Bielenda
Resource Partners fully exited Poland-based cosmetics manufacturer Torf Corporation, the owner of Tolpa and ON brands, to Bielenda, a cosmetics company backed by Innova Capital. Read More
Innova-backed EMI Acquires Romania’s Kadra
EMI Group, an industrial access solutions provider backed by Innova Capital, acquired Kadra, a Romania-based integrated solutions supplier for automation and access management. Read More
Affirma Capital Exits Nigeria’s GZ Industries
Affirma Capital fully exited GZ Industries, a Nigeria-based aluminum cans manufacturer for global blue-chip beverage brands in Africa, via a sale to Oppenheimer Partners. Read More
Milestone Strategic Partnership – Global Private Capital Association and Middle East Venture Capital Association to Collaborate
Announced at Abu Dhabi Finance Week – GPCA to have a permanent, significant presence in the UAE Abu Dhabi, UAE – 29 November 2023: The Global Private Capital Association (GPCA) and the Middle East Venture Capital Association (MEVCA) announce a significant strategic partnership during Abu Dhabi Finance Week 2023. The partnership will see New York- and Singapore-headquartered GPCA, establish a… Read More
Amethis, AfricInvest, IFC and Proparco Acquire Majority Stake in Côte d’Ivoire’s NETIS
Amethis, AfricInvest, IFC and Proparco acquired a majority stake in NETIS, a Côte d’Ivoire-based telecommunication and energy infrastructure service provider. Read More
Global Ventures Leads USD20m Series B for UAE’s Immensa
Global Ventures led a USD20m Series B for Immensa, a UAE-based additive manufacturer, with participation from Endeavor Catalyst, Shorooq Partners and Green Coast Investments. Read More
Fajr Capital Leads Consortium To Acquire 65% Stake in UAE’s Aster DM Healthcare
Fajr Capital led a consortium to acquire a 65% stake in the GCC operations of Aster DM Healthcare, a UAE-based full spectrum private healthcare provider. Read More
Horizon Capital Invests in Ukraine’s GoIT
Horizon Capital invested in GoIT, a Ukraine-based education platform focused on programming and other digital skills. Read More
Rwanda’s Africa Healthcare Network Raises USD20m
Africa Healthcare Network, a Rwanda-founded provider of dialysis services across Sub-Saharan Africa, raised a USD20m equity and debt round led by Africa50 and AfricInvest, with participation from Ohara Pharmaceutical. Read More
Mediterrania Capital IV Secures Commitment from Bpifrance
Mediterrania Capital has secured a commitment from Bpifrance for its fourth fund, which is focused on mid-cap companies operating in North and Sub-Saharan Africa. Read More
Carlyle To Exit China’s McDonald’s
Carlyle agreed to sell its 28% stake in McDonald’s business in mainland China, Hong Kong and Macau back to McDonald’s Corporation for USD1.8b. A consortium led by CITIC Capital will continue to hold the remaining 52%. Read More
SPE Capital and Proparco Exit Morocco’s Amanys Pharma
SPE Capital and Proparco fully exited Amanys Pharma, a Morocco-based manufacturer of antibiotics and hospital specialty drugs, via a strategic sale to Laprophan. Read More