Creador Invests US$28 Million in Indonesia’s MNC Skyvision (Asia)

Source: Asian Venture Capital Journal  |  Author: Tim Burroughs

South and Southeast Asia-focused private equity firm Creador Capital has invested US$28 million in Indonesian pay TV operator MNC Skyvision’s IPO. Creador’s investment, which includes US$13 million from a co-investor, was equal to approximately 13 percent of the US$228 million on offer. Skyvision is Creador’s second deal in Southeast Asia in recent months, following a US$15 million investment in Malaysian restaurant chain OldTown White Coffee in May 2012.