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Americold Realty Trust to Acquire 15% Stake in Patria-Backed SuperFrio for USD28m
Americold Realty Trust has agreed to acquire a 15% stake in SuperFrio Armazéns Gerais, a Brazilian cold storage operator owned by Patria Investimentos, for USD28m. Read More
EBRD Provides USD16.2m Loan to Morocco’s Automotive Manufacturer Varroc Lighting Systems
The European Bank for Reconstruction and Development (EBRD) has provided EUR15m (approximately USD16.2m) in financing to Varroc Lighting Systems Morocco to provide automotive industry training and employment opportunities for young people across the country. Read More
Ribbit Capital and Coatue Lead USD75m Series C for Indian Fintech BharatPe
Ribbit Capital and Coatue PE led a USD75m Series C for India-based fintech BharatPe. Amplo Opportunities, Grace Software Holdings, and Steadview also participated in the round. Read More
CMC Capital Reaches USD950m Final Close for Third China Fund
Chinese private equity firm CMC Capital Partners has reached a USD950m final close for its third US dollar-denominated fund. A combination of public pension funds, sovereign wealth funds, insurance companies, funds-of-funds, financial institutions, and endowments invested in the fund. Read More
Bass Investment Reaches USD31.1m Final Close for South Korean VC Fund
South Korea-based early-stage VC Bass Investment has reached a KRW37.7B (approximately USD31.1m) final close for its second fund. Read More
KaszeK Ventures Leads USD8.7m Series A for Colombian Hotel Chain Ayenda
Latin American VC KaszeK Ventures led a USD8.7m Series A for Colombian hotel chain Ayenda. Strategic investors Irelandia Aviation, Kairos, Altabix, and BWG Ventures also participated in the round. Read More
Actis Promotes Susan Wilkins and Shami Nissan
Actis has elevated Susan Wilkins, Chief Financial Officer and existing Executive Committee member, into the Partnership, and appointed Shami Nissan, Head of Responsible Investment, to join the firm’s Executive Committee. Read More
EXEO Capital Exits InteliChem to Masimong Group Holdings
EXEO Capital’s Agri-Vie Fund I exited South African agribusiness InteliChem via a sale of its stake in the company to Masimong Group Holdings. Read More
Elbrus Capital Exits OSG Records Management via Sale to Iron Mountain Inc for USD94m
Russia- and CIS-focused private equity firm Elbrus Capital has exited OSG Records Management via a sale of its 75% stake to Iron Mountain Inc for USD94m, over 4.5 times the original investment amount. Read More
Zubr Capital Acquires Minority Stake in CEE Fintech Conglomerate Myfin Group
Belarus-focused private equity fund manager Zubr Capital has acquired a minority stake in Myfin Group, a group of fintechs operating in Belarus and Russia, through its Zubr Capital Fund I. Read More
Hahn & Co Partially Exits Korea’s Ssangyong I&C for USD23m
Korea-focused private equity fund manager Hahn & Company has agreed to sell its 40% stake in IT system integrator Ssangyong Information & Communications for KRW24b (approximately USD23m) to information technology system Itcen and its affiliate Comtec System. Hahn & Co. will remain a minority shareholder of Ssangyong I&C, controlling 9.84%. Read More
SPE Capital-backed H&S Invest to Acquire Moroccan Bleach Manufacturer Fater Maroc
SPE Capital-backed H&S Invest (Dislog Group) has agreed to acquire 100% of Moroccan bleach manufacturer Fater Maroc from Fater Italy. Read More