Correction to NewsWatch 9 August 2023: African Infrastructure Investment Managers (AIIM) to invest USD150m+ to expand Commercial Cold Holdings platform, including acquisition of South Africa-based supply chain solutions provider Sequence Logistics. Read More
Baring Private Equity Asia sold a 19.4% stake in India-based cash management and payment solutions provider CMS Info Systems via a share sale on the BSE for INR10.7b (~USD129.1m). … Read More
Bain Capital and Advent International exited Quest Global, a Singapore-based engineering services company, through a secondary sale to The Carlyle Group. Bain and Advent first invested in the company in 2016. Read More
General Atlantic fully exited 360 ONE (formerly IIFL Wealth Management), an India-based wealth and alternates-focused asset management firm, by selling its remaining 1.16% stake. General Atlantic sold a 3.55% stake in December 2022. Read More
Alpha JWC Ventures led a USD6.8m Series A for Beleaf, an Indonesia-based farming-as-a-service provider, with participation from Openspace Ventures. Read More
Temasek agreed to invest INR12b (~USD145m) in Mahindra Electric Automobile Limited, an India-based electric passenger vehicle manufacturer. Read More
Capitalworks fully exited IQbusiness, a South Africa-based management and technology consulting firm, through a sale to Reunert ICT. Read More
Sanlam Private Equity acquired a majority stake in Danny’s Auto Body Parts, a South Africa-based aftermarket automotive parts and accessories supplier. Read More
Astra Digital Internasional led a Series D for Halodoc, an Indonesia-based healthcare platform, with participation from Openspace Ventures and Novo Holdings. Read More
BPEA EQT completed the merger of Hong Kong-based fund and corporate services platforms Vistra and Tricor at a USD6.5b valuation for the combined entity. Read More
(default archive template)