Navis to Take Adampak Private in US$110.7 Million Buyout (Asia)

South and Southeast Asia-focused private equity investor Navis Capital Partners has offered to purchase Adampak Limited, a Singapore-listed producer of labels, nameplates and die-cut parts, for approximately US$88 million. The bid is being made through investment holding company Safe Label Group and Navis has requested the right to seek… Read More

Advent International Invests in CARE Hospitals (Asia)

Global private equity firm Advent International has announced it will invest US$105 million of equity capital in India-based CARE Hospitals—a multi-specialty hospital chain—by acquiring shares from some of the company’s existing investors and injecting additional capital into the business. The capital will be used to help the business consolidate… Read More

VenturEast, Zephyr Invest US$6 Million in e2E Rail (Asia)

India-focused private equity firms Zephyr Peacock Management India and VenturEast, through its VenturEast Proactive Fund, have jointly invested in e2E Rail, an Indian rail services company, for approximately US$6 million. Both funds reportedly plan to invest an incremental US$6 million in the company over the next several years. The… Read More

EM PE Review – Volume VIII, Issue 1

Industry Data EMPEA Industry Statistics EM PE Performance Notable Exits & IPOs Viewpoint from EMPEA president and CEO Sarah Alexander Fundraising for emerging markets private equity grew by 64% last year, reaching a 3-year high of US$38.5 billion and accounting for… Read More

Accel Partners Invests US$2.8 Million in Cloud Firm Enterprise Nube (Asia)

India-based cloud services company Enterprise Nube Services has raised INR150 million (approximately US$2.8 million) from global venture capital firm Accel Partners. As part of the transaction, Mahendran Balachandran, a Partner at Accel, will join the board of Enterprise Nube. Accel Partners’ recent investments in the country include e-commerce startup… Read More

PVG Venture Capital Buys 3 Percent of CMGE (Asia)

PVG Venture Capital Partners, an affiliate of Taiwanese venture capital management firm Pacific Venture Group, has acquired a 3.3 percent stake in China Mobile Games and Entertainment (CMGE), a mobile games developer and subsidiary of Hong Kong-listed internet video broadcasting company VODone Limited. Financial terms of the transaction were… Read More

New York Life Cuts Stake in CEBBCO (Asia)

New York Life Investment Management India Fund, advised by Jacob Ballas Capital India Private Limited, has sold an approximate 2.77 percent stake of its holding in Commercial Engineers & Body Builders Co. (CEBBCO), an Indian producer of vehicle and locomotive bodies, for an estimated US$1.8 million. Jacob Ballas Capital… Read More

NetJets Inc. Unveils Joint Venture for China (Asia)

NetJets Inc., a private aviation company owned by Berkshire Hathaway, has announced plans for a new joint venture to bring their services to China. NetJets China Business Aviation Limited will be a joint venture between NetJets Inc. and a consortium of Chinese investors led by Hong Capital subsidiary Hony… Read More

ChrysCapital Raises US$500 Million for New Fund (Asia)

India-focused private equity firm ChrysCapital has reportedly raised US$500 million for a new fund. This is the first fund since the firm announced that Co-Founder and Senior Managing Director Ashish Dhawan will leave the firm later this year. ChrysCapital is purported to have raised capital from a variety of… Read More

Allyes Group Receives Strategic Investment from Vision Knight Capital (Asia)

China-based private equity fund Vision Knight Capital has invested in Allyes Group, a provider of integrated digital marketing solutions in China that is majority-owned by global technology-focused investor Silver Lake Partners. David Wei, Vision Knight Capital’s Chairman and Founding Partner, joined Allyes’ Board of Directors in December 2011. Financial… Read More

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