African Infrastructure Investment Managers (AIIM) and Reatile Group have agreed to acquire a 30% stake in Mozambique-based ROMPCO, which owns and operates the high-pressure gas pipeline connecting Mozambique with South Africa, from Sasol South Africa for ZAR4.14b (USD293m). Read more… Read More
VIG Partners, through its VIG Partners Fund IV, has acquired 100% of South Korea-based home and personal care company The Skin Factory for KRW150-200b (~USD132-177m). According to AVCJ, the transaction includes an approximately KRW100b (~USD88m) equity commitment from VIG, plus debt financing and an LP co-investment. Read… Read More
Existing investors TPG Growth, Norwest Venture Partners and Evolvence have invested a INR3.37b (~USD45m) Series E for India-based non-banking finance company Ess Kay Fincorp. Read more… Read More
SoftBank Vision Fund led a USD330m Series D extension for China-based grocery e-commerce platform Dingdong Maicai, bringing the overall Series D to just over USD1b. DST Global and Coatue led the USD700m first tranche in April 2021. Read more… Read More
Valor Capital Group led a USD26m round for Hashdex, a Brazilian crypto investment and management platform, with participation from SoftBank, Igah Ventures, Globo Ventures, Canary and Coinbase Ventures. Read more… Read More
A consortium led by Multiples Alternate Asset Management and including CPP Investments and RARE Enterprises has agreed to acquire Zydus Cadila, the India-based animal health business unit of Cadila Healthcare, for INR29.21b (~USD397m). Read more… Read More
Dolma Fund Management has reached a USD40m first close for its Dolma Impact Fund II. The vehicle has an initial target of USD75m and plans to invest in renewable energy, healthcare, education and technology companies in Nepal. Read more… Read More
Baring Private Equity Asia has sold a 3.14% stake in India-based IT services company Coforge for INR6.16b (~USD84m) via an open markets transaction. Read more… Read More
Coatue led a USD190m Series B for CloudWalk, a Brazilian blockchain-based POS platform for entrepreneurs and SMEs, with participation from DST Global and follow-on from Valor Capital Group, FIS and The Hive Brazil. Read more… Read More
Riverwood Capital led a USD21m growth round for Brazil-based API management platform Sensedia. Read more… Read More
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