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Northstar Group Reaches USD590m Final Close for Northstar V
Northstar Group reached a USD590m final close for its fifth fund targeting investments in mature growth companies and select early-stage companies primarily in Indonesia and in other countries in Southeast Asia. Read More
I&P Exits 61% Stake in Benin’s Normat Services via Sale to EPC Groupe
Investisseurs & Partenaires (I&P) sold a 61% stake in Normat Services, a Benin-based drilling and blasting company, to EPC Groupe for an undisclosed amount. Read More
AfricInvest Invests in Morocco’s Compagnie Marocaine de Bureautique et d’Informatique
AfricInvest acquired a minority stake in Morocco-based IT company Compagnie Marocaine de Bureautique et d’Informatique for an undisclosed amount. Read More
Prosus Ventures and Goodwater Capital Lead USD135m Series D+ for Brazil’s Facily
Prosus Ventures and Goodwater Capital led a USD135m Series D+ round for Facily, a Brazilian social commerce marketplace, at a reported USD1b+ valuation. Read More
Temasek and Li&Fung To Exit Hong Kong’s LF Logistics to A.P. Moller Maersk for USD3.6b
Temasek and Li&Fung agreed to exit LF Logistics, a Hong Kong-based integrated logistics and supply chain management services company, via a sale to A.P. Moller Maersk for USD3.6b in an all-cash deal. Read More
I&P Invests in Togo’s Lomé Business School
I&P invested an undisclosed amount in Togo-based higher education institution Lomé Business School. Read More
Actis-Backed Honoris United Universities Acquires Egypt’s Merit University
Actis-backed Honoris United Universities agreed to acquire Egypt-based Merit University for an undisclosed amount. Read More
Mizuho Leads USD200m Series E for Vietnam’s MoMo
Mizuho led a USD200m Series E for MoMo, a Vietnam-based mobile wallet services provider, with participation from Ward Ferry, Goodwater Capital and Kora Management, at a reported USD2b valuation. Read More
GL Ventures, Meituan, Others Invest USD157m Series A for China’s Haomo.AI
Haomo.AI, a China-based AV startup, raised a ~USD157m Series A from GL Ventures, Meituan, Qualcomm Ventures, JZ Capital and Shoucheng Capital at a reported USD1b+ valuation. Read More
Foursan Group Acquires 49% Stake in Jordan’s Jo Academy
Foursan Group acquired a 49% stake in Jo Academy, a Jordan-based online private tutoring platform. Read More
Alta Growth Capital and Fondo de Fondos Acquire Mexico’s Interquim
Alta Growth Capital and Fondo de Fondos acquired 100% of Interquim, a Mexico-based producer of active pharmaceutical ingredients. Read More
Anchor Equity Partners Invests USD210m Pre-IPO Round for South Korea’s Kurly
Anchor Equity Partners invested a USD210m pre-IPO round for South Korea-based online grocery delivery startup Kurly at a reported USD3.3b valuation. Read More