GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.
Access past editions of NewsWatch here.
Navis Acquires Cambodian International School CIA First
Navis Capital Partners has acquired Cambodia-based CIA First International School for an undisclosed amount. Read More
Advent to Acquire Controlling Stake in Indian Pharmaceutical Company RA Chem
Advent International has agreed to acquire a controlling stake in India-based pharmaceutical company RA Chem Pharma from Micro Labs for an undisclosed amount. Read More
One Equity Partners Invests USD200m Series A for Croatian Cloud Communications Startup Infobip
One Equity Partners has invested a USD200m Series A for Croatia-based cloud communications platform Infobip in a deal which reportedly values the company at over USD1b. Read More
Redpoint eventures Leads USD11.6m Series B for Brazilian Fintech Magnetis
Redpoint eventures led a BRL60m (approximately USD11.6m) Series B for Brazil-based fintech Magnetis, with participation from Vostok Emerging Finance. Read More
Network International to Acquire Apis-Backed African Digital Payments Group DPO for USD288m
Dubai-headquartered payment company Network International has agreed to acquire DPO Group, a digital payments platform operating in Africa and the Middle East backed by Apis Partners, for USD288m. Read More
Altos Ventures, IMM Investment, and Axiom Asia Invest USD36m in South Korean Travel App MyRealTrip
Altos Ventures, IMM Investment, and Axiom Asia have invested KRW43.2b (approximately USD36m) in MyRealTrip, a South Korea-based travel app that positions itself as a one-stop-shop for travel bookings. Read More
Pátria’s Lavoro Agrocomercial Acquires Brazilian Agribusiness Qualicitrus
Pátria Investimentos-backed Lavoro Agrocomercial has acquired Brazil-based agribusiness Qualicitrus for an undisclosed amount. Read More
Foundation Holdings Leads USD46.8m Series D for Indian Edtech Toppr
Foundation Holdings led a INR3.5b (approximately USD46.8m) Series D for India-based edtech Toppr, with participation from existing investor Kaizen Private Equity. Read More
Permira Acquires 60% Stake in EF Education First’s China and Indonesia Unit
Permira has acquired a 60% stake in the China- and Indonesia-focused EF Kids & Teens unit of Switzerland-headquartered education company EF Education First. The deal values EF Kids & Teens at USD1.5b. Read More
EV Growth and Others Invest USD250m in Indonesian Travel Aggregator Traveloka
Existing backers including EV Growth, a joint venture between Sinar Mas and East Ventures, and unnamed investors have invested USD250m in Indonesia-based online travel platform Traveloka. Read More
Barn Leads Undisclosed Investment in Brazilian Electric Motorcycle Company Origem
Barn Investments led an undisclosed investment round for Origem, a Brazil-based electric motorcycle company operating a B2B model. Read More
Sherpa Healthcare Partners Reaches Final Close for Debut US-Denominated China Fund
China-based Sherpa Healthcare Partners has reached a final close for US-denominated Sherpa Healthcare Fund I. The vehicle, which targeted USD200m, was oversubscribed and will invest in biopharma, gene technology, medtech, and medical services in China. The Oregon Public Employees Retirement System (PERS) recently committed USD100m to the fund. Read More