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Advent International to Acquire Perrigo’s Operations in Latin America
Advent International has agreed to acquire Perrigo Mexico and Perrigo Brazil, the Latin American operations of global provider of over-the-counter self-care products Perrigo, for an undisclosed amount. Read More
Nuwa Capital and MSA Capital Lead USD15m Series A for Egyptian Furniture Marketplace Homzmart
Nuwa Capital and MSA Capital led a USD15m Series A for Egypt-based furniture and home goods marketplace Homzmart, with participation from Rise Capital, Impact46, EQ2 Ventures and Outliers Ventures. Read More
Insight Partners Leads USD60m Series B+ for Singaporean Fintech Thunes
Insight Partners led a USD60m Series B extension for Singapore-based fintech Thunes, with follow-on from Helios Investment Partners, Checkout.com, GGV Capital and Future Shape. Read More
Novo Holdings Leads USD125m Series C for Singapore’s Hummingbird Bioscience
Novo Holdings led a USD125m Series C for Hummingbird Bioscience, a Singapore- and US-based clinical stage developer of targeted therapeutics, with participation from Frazier Healthcare Partners, Octagon Capital, EDBI, AMGEN Ventures, DROIA Ventures, Morningside Ventures, Pureos Bioventures, Polaris Partners, Affinity Asset Advisors, Ally Bridge Group and Altrium Capital Management, and follow-on from SK Inc, Heritas Capital, Mirae Asset Venture Capital… Read More
BlackRock Invests in Mexican Retail Platform Grupo Axo
BlackRock has made an undisclosed investment in Grupo Axo, a Mexico-based multi-brand retail platform backed by General Atlantic. Read More
Legend Capital Reaches USD270m Close for LC Healthcare Continued Fund I
Legend Capital has closed LC Healthcare Continued Fund I, its healthcare continuation fund, at USD270m after raising the capital through a secondary transaction. The deal was co-led by Hamilton Lane and Coller Capital. Read More
Ascent Reaches USD100m+ First Close for East Africa Fund
Ascent has reached a USD100m+ first close for Ascent Rift Valley Fund II. The vehicle has an initial target of USD120m and plans to invest in SMEs in the financial services, manufacturing, wholesale and retail trade and services, education, healthcare and agro-processing sectors in Eastern Africa. Read More
Baring PE Asia and Alibaba Lead USD400m Investment in Vietnam’s The CrownX
A consortium comprising Baring Private Equity Asia and Alibaba has acquired a 5.5% stake in The CrownX, the retail arm of Vietnam-based conglomerate Masan Group, for USD400m. Read More
Falcon Edge and Harvard Management Lead USD120m Series E for Indian B2B Marketplace Moglix
Falcon Edge Capital and Harvard Management Company led a USD120m Series E for India-based B2B industrial goods marketplace, with follow-on from Tiger Global Management, Sequoia Capital India and Venture Highway, at a reported USD1b valuation. Read More
Global Ventures Leads USD8m Pre-Series A for UAE’s Mamo
Global Ventures led a USD8m pre-Series A for UAE-based fintech Mamo, with participation from 4DX Ventures, AlRajhi Partners, Olive Tree Capital and others. Read More
KKR to Invest USD95m in Indian Eyewear Retailer Lenskart; TPG Growth and TR Capital to Exit
KKR has agreed to invest USD95m in India-based eyewear retailer Lenskart through a secondary stake acquisition, facilitating a partial exit for TPG Growth and TR Capital. Read More
Siguler Guff Reaches USD240m Final Close for Global Emerging Markets Direct Investment Fund
Siguler Guff has reached a USD240m final close for GEMCo, its direct investment emerging markets fund with a primary focus on China, India and Southeast Asia. The fund invests across high-growth, expansion-stage businesses and has already made a number of investments in the e-commerce, internet marketplaces, organized retail, consumer mobility and enterprise software sectors. Read More