DPI-Backed Dolidol Acquires Nigeria’s Mouka from Actis for USD60m
Dolidol, a Morocco-based bedding and mattress manufacturer and distributor backed by DPI, acquired Mouka, a Nigeria-based mattress maker, from Actis for USD60m. Read more… Read More
I&P Exits Kenya’s Afribon via Sale to Kerry Group
Investisseurs & Partenaires exited its investment in Kenya-based food flavors company Afribon via a sale to the Kerry Group for an undisclosed amount. Read more… Read More
DAI Acquires MicroVest
DAI acquired emerging markets-focused microfinance lender MicroVest Capital Management for an undisclosed amount. Read more… Read More
3TS Capital Exits Polands SALESmanago via Sale to SilverTree Equity and Perwyn
3TS Capital exited SALESmanago, a Poland-based SaaS marketing automation platform, via a sale to SilverTree Equity and Perwyn for an undisclosed amount. Read more… Read More
Sequoia India Leads USD105m Series C for Singapore’s LingoAce
Sequoia Capital India led a USD105m Series C for Singapore-based edtech LingoAce, with participation from Owl Ventures, Shunwei Capital and SWC Global. Read more… Read More
StepStone Group Leads USD102m Series C for Mexican Fintech Kueski
StepStone Group led a USD102m Series C for Kueski, a Mexican consumer lending platform, with participation from One Prime Capital and Glisco, and follow-on from Cometa, Angel Ventures, Altos Ventures, Cathay Innovation, Richmond Global Ventures, Rise Capital and Tuesday Capital. Read more… Read More
OMAI, Sanlam, Brait and Sphere Exit South Africa’s Consol Holdings via ~USD635m to Ardagh Group
Old Mutual Alternative Investments, Sanlam Private Equity, Brait and Sphere agreed to exit South Africa-based glass packaging manufacturer Consol Holdings via a ZAR10.1b (~USD635m) sale to Ardagh Group. Read more here and here… Read More
STIC Investments Leads ~USD840m Investments South Korea’s Iljin Materials
STIC Investments led a KRW1t (~USD840m) investment in Iljin Materials, a South Korea-based producer of electric foils used in lithium batteries and consumer electronics. The transaction includes KRW500b in acquisition financing provided by Korea Development Bank, KB Kookmin Bank and Shinhan Bank. Read more… Read More
Huada Semiconductor Leads ~USD1.2b for China’s GTA Semiconductor
Huada Semiconductor led a CNY8b (~USD1.2b) round for China-based chip manufacturer GTA Semiconductor, with participation from CII Fund, Shang QI Capital, Skyworth investment, Xiaomi Changjiang fund, CITIC Industrial Fund, CICC, China Capital Management and Guotai Junan Securities. Read more… Read More
AC Ventures Reaches USD205m+ Final Close for Indonesia Early-Stage Fund
AC Ventures reached a USD205m+ final close for its third fund targeting early-stage technology startups based in Indonesia. Read more… Read More
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