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TRG Invests in Amethyst Radiotherapy
Romania-based radiotherapy treatment provider Amethyst Radiotherapy has secured an investment from emerging markets-focused alternative asset manager The Rohatyn Group (TRG). The company operates nine clinics across France, Romania, Italy, Poland, and Austria. TRG’s investment will be used to accelerate Amethyst’s growth across Europe through add-on acquisitions, the development of greenfield centers, and new partnerships with hospitals. Financial details of the… Read More
Mid Europa Exits Walmark to STADA
Central and Eastern Europe-focused private equity fund manager Mid Europa Partners has agreed to sell Czech Republic-based dietary supplements manufacturer Walmark to STADA Arzneimittel, a Germany-based pharmaceutical company. Walmark currently offers a portfolio of vitamin, mineral, and dietary supplement brands across nine countries in Central and Eastern Europe. Mid Europa originally acquired a 50 percent stake in Walmark in 2012… Read More
EXEO Capital Exits HIK to African Pioneer Group
Pan-African private equity fund manager EXEO Capital has exited South Africa-based abalone farming business HIK Abalone Farm to South Africa-focused agriculture-, food products- and energy-focused investor African Pioneer Group. EXEO Capital held its investment in HIK for eight years, developing a second farm and enabling production improvements. Financial details of the transaction were not disclosed. Read More
Vantage Invests USD8.9 Million in Equity Invest, Providing an Exit for PME Croissance
Morocco-based holding company Equity Invest has raised EUR8 million (approximately USD8.9 million) in mezzanine financing from Africa-focused private credit fund manager Vantage Capital. Equity Invest owns six Morocco-based companies operating in safety and security systems, audio and visual multimedia systems, photovoltaic business solutions, payments, and virtual health information systems. Proceeds from this round will enable Equity Invest’s founder to secure… Read More
Warburg-Backed ESR Raises USD1.6 Billion in Hong Kong IPO
Hong Kong-based logistics real estate platform ESR Cayman has raised HKD12.6 billion (approximately USD1.6 billion) in its initial public offering (IPO) on the Hong Kong Stock Exchange. The company sold approximately 752 million shares, including 280 million new shares, at HKD16.8 per share (USD2.14 per share). The platform is backed by global private equity fund manager Warburg Pincus, which was… Read More
Blackstone Acquires a 37.5 Percent Stake in AESL
Global alternative asset manager Blackstone has acquired a 37.5 percent stake in India-based medical test preparation provider Aakash Educational Services Limited (AESL) in a transaction that reportedly values the company at USD500 million. AESL offers preparation services across 200 centers and 130 cities in India, reaching more than 250,000 medical students. Blackstone will partner with AESL to grow the company’s… Read More
Fasal Raises USD1.6 Million from Omnivore and Wavemaker Partners
Fasal, an India-based precision agriculture platform, has secured USD1.6 million in seed funding from early-stage venture capital fund managers Omnivore and Wavemaker Partners. Other investors in the round include venture capital firms Mount Parker Ventures, Animoca, Mistletoe, Zeroth, and Artesian Ventures. The company, which uses an AI-powered platform and on-farm sensors to stream live data on crop conditions to farmers’… Read More
L Catterton Reaches Final Close for Third Asia Fund at USD1.45 Billion
Global consumer-focused private equity fund manager L Catterton has reached a final close for its third Asia-focused fund with USD1.45 billion in commitments. The fund will invest in retail and health care opportunities across first-tier cities in China, Japan, India, Southeast Asia, Australia, and New Zealand. Investors in the fund, which reportedly had an initial target of USD1.25 billion, were… Read More
ALLVP Leads USD15 Million Series B Round for Muy
Mexico-focused venture capital firm ALLVP has led a USD15 million Series B financing round for Muy, a Colombia-based ‘cloud kitchen’ startup. Latin America-focused venture capital investor Seaya Ventures also participated in the round. Through its network of centralized kitchens and 20 physical dining locations, Muy allows users to place personalized food orders for delivery or takeaway. The company will use… Read More
Temasek-Backed ABC World Asia Reaches USD282.5 Million Final Close for Inaugural Fund
Asia-focused impact investor ABC World Asia, an affiliate of Singaporean sovereign wealth fund Temasek Holdings, has reached a final close for its inaugural fund with SGD385 million (approximately USD283 million) in commitments. Investors in the fund include Temasek Holdings; Temasek subsidiaries Temasek Trust, Pavilion Capital, and Seatown Holdings; real estate development and investment firm Mapletree Investments; and energy, marine, and… Read More
Alibaba and YF Capital Agree to Invest USD1 Billion in Meinian Onehealth
China-based e-commerce company Alibaba Group and China-focused private equity firm YF Capital have agreed to acquire a 16.2 percent stake in Meinian Onehealth, a listed China-based medical examination center operator, for CNY7.3 billion (approximately USD1 billion). YF Capital will invest CNY2.44 billion (USD345 million) of the total for a 5.34 percent stake in Meinian. Following the close of the transaction,… Read More
Acumen LatAm Capital Partners Invests in Suncolombia
The Latin America-focused arm of global impact investing platform Acumen has invested in Colombia-based solar energy company Suncolombia. The company designs, manufactures, installs, and maintains photovoltaic systems, providing off-grid solutions to rural areas and developing on-grid projects for public and private clients. Financial details of the transaction were not disclosed. Read More