MENA- and Southeast Asia-focused alternative investment management firm Al Masah Capital has acquired a majority stake in United Arab Emirates-based Sabari Indian School, a primary school with a total capacity of 900 students from kindergarten to grade 12. The transaction was structured through Al Masah Capital’s education-focused private equity platform… Read More
Peru-focused private equity firm Nexus Group has sold a 9.94 percent stake in Cineplex, a Peru-based company that owns and operates cinema chain Cineplanet. Nexus Group, which is a shareholder in Cineplex via its subsidiary Nexus Films, continues to hold a 90.5 percent stake in the company. Financial details of… Read More
Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures has invested more than US$6 million across six companies in Thailand, Indonesia and Malaysia. The Thailand-based companies that received investment were Claim Di, a mobile application for facilitating claims between drivers and insurance companies, and Stamp, a third-party identity verification company. Read More
Global private equity firm Warburg Pincus has agreed to invest in Poland-based pharmacy company Apteki Gemini. The new capital will be used to expand the company’s traditional and e-commerce business. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Separately, Warburg Pincus-backed China Huarong Asset… Read More
Sub-Saharan Africa-focused private equity firm Adenia Partners has exited Hôtel du Louvre, a business hotel located in Antananarivo, Madagascar, to a group of undisclosed local investors. The transaction was structured through Adenia Capital I. Adenia originally invested in the company in 2006. Financial details of the transaction were not disclosed. Read More
India-based clean energy company ReNew Power Ventures has raised US$265 million in a round of funding from global alternative asset manager Global Environment Fund (GEF), the private equity arm of investment bank Goldman Sachs and sovereign wealth fund Abu Dhabi Investment Authority (ADIA). GEF invested up to US$15 million, while… Read More
Global alternative asset manager The Carlyle Group and Brazil-focused alternative investment and asset management firm Vinci Partners have agreed to invest in Brazil-based education company Uniasselvi, a subsidiary of Kroton Educacional. The transaction will be structured through Carlyle’s South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas II… Read More
Axxon Group, a private equity firm that focuses on small and mid-cap companies in Brazil, has reached a final close for its Axxon Brazil Private Equity Fund III with US$400 million in capital commitments, exceeding its US$350 million target. Investors in the fund include endowments, foundations, public and private pension… Read More
Southeast Asia-focused private equity investor Hera Capital has agreed to sell its stake in China and Singapore-based social media analytics company ActSocial to Linkfluence, a France-based social media analytics company. The transaction took place as part of Linkfluence’s acquisition of the company. Hera originally invested in ActSocial in 2013. Financial… Read More
Latin America-focused investment bank BTG Pactual’s private equity arm has agreed to reduce its stake in Brazil-based Bravante, a service provider for offshore oil platforms, from 47 percent to 10 percent via a sale to existing shareholders in the company. BTG Pactual originally invested in Bravante in 2010. Financial details… Read More
(default archive template)