Penta Investments, a Central and Eastern Europe-focused private equity and real estate investor based in the Czech Republic, has acquired a 19.5 percent stake in Polish retailer Empik Media & Fashion (EM&F) from Eastbridge Capital, a Luxembourg-based investment fund. Penta now holds 33.5 percent of the company, with Eastbridge… Read More
The Riverside Company, a U.S.-based global private equity firm, has sold MK Chimney Systems of Poland to French firm Isotip-Joncoux Group. Riverside, which first invested in the Polish chimney systems producer in 2006, has earned a 2.9x cash-on-cash return from the sale. Read More
VTB Capital, the investment arm of Russia-based VTB Group, has acquired a minority stake in Russian mining firm, Zapadnaya Gold Mining Ltd. (ZGML). ZGML, which has over 25 years of experience in the gold mining industry in Eastern Siberia, plans to use the investment capital to complete construction of… Read More
glendonTodd Capital, a U.S.-based private equity firm specializing in business services and real estate, has partnered with Brazilian middle-market investor Performa Partners to acquire Toutatis, a business process outsourcing (BPO) provider based in São Paulo. Toutatis, which offers human resource, accounting, and procurement outsourcing services, manages its clients’ operations… Read More
Lightspeed China Partners (LCP), the China-based division of global venture capital firm Lightspeed Venture Partners, has made a Series A investment in Tujia.com, a China-based online vacation rental services provider. China-based CDH Investments and travel service providers Ctrip.com International and HomeAway also participated in the investment round. Tujia plans… Read More
The Aureos Southern Africa Fund (ASAF) has sold its 49 percent stake in Golden Lay, a Zambia-based producer of chicken table eggs, as part of a sale of 100 percent of the company to Phatisa’s African Agriculture Fund, a private equity fund focused on sustainable food production in Africa. Read More
Creador, a private equity manager focused on India and Southeast Asia, has invested MYR45.7 million (US$15 million) in OldTown White Coffee, a packaged instant coffee producer and restaurant chain manager based in Malaysia. OldTown has 202 restaurant outlets in Malaysia, Singapore and Indonesia, with plans to expand into China… Read More
Stratus Group, a Brazil-based mid-market private equity investor, has listed its portfolio company, Senior Solution, on the BOVESPA MAIS, a segment of the BOVESPA exchange. The listing is the first for a private equity-backed company on the Brazilian equivalent of the NASDAQ. Senior Solution, an IT company specializing in… Read More
Baring Vostok is investing US$50m into Tinkoff Credit Systems Bank (TCS Bank), a Russian mid-sized lender specializing in credit services. Oleg Tinkov, TCS Bank’s founder and majority owner, is currently developing a “branchless” model that will enable access to consumer credit in local stores. Baring Vostok will join Tinkov,… Read More
Moolchand Healthcare, an Indian healthcare provider, has received INR1 billion (approximately US$18.5 million) from Sequoia Capital. Sequoia’s investment will be part of an INR5 billion (US$92.5 million) capital pool for the acquisition and development of new hospitals. Moolchand Healthcare is Sequoia’s fourth recent investment targeting the healthcare market in… Read More
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