M+ Group, a Croatia-based business process outsourcing services provider owned by Meritus Ulaganja and backed by Mid Europa Partners, has acquired a 51% stake in Croatia-based local software company Bulb for EUR7m (approximately USD8.4m). Read more… Read More
DILA Capital has reached a USD35m first close for DILA IV, with IDB Lab as the anchor investor in the fund. The vehicle targets investments in tech-enabled companies in Latin America. Read more… Read More
Online dating giant Match Group has agreed to acquire Hyperconnect, a South Korea-based social media platform backed by Altos Ventures and SoftBank Group, for USD1.725b in cash and stock. The transaction is expected to close in Q2 2021. Read more… Read More
IDB Lab has agreed to invest in Salkantay Exponential Fund, a vehicle managed by Salkantay Ventures. The fund will focus on early-stage tech investments in Peru. Read more… Read More
Nexus Group, via its NG Capital Partners II fund, has agreed to acquire the remaining 20% stake in Peru-based lottery and sports betting company Intralot de Peru from Intralot Greece. Read more… Read More
NBK Capital Partners has reached an undisclosed first close for its latest shariah credit fund anchored by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund. The vehicle, which has an initial target of USD300m, will provide capital to mid-market companies in the Middle East. Read more… Read More
General Atlantic led a USD65m Series A for Mexico-based grocery delivery startup Jüsto, with follow-on from existing investors including Foundation Capital and Mountain Nazca. Read more… Read More
Czech Republic-based PE firm Genesis Capital has reached a EUR40m (approximately USD48m) final close for its first growth fund targeting investments in CEE. Read more… Read More
Mubadala Investment Company has acquired Brazil-based refinery Refinaria Landulpho Alves (RLAM) from Brazilian state-owned oil company Petrobras for USD1.65b. Read more… Read More
IDG Capital and Trustbridge Partners led a USD390m Series A for Fenbi, a China-based vocational education platform, with participation from investors including China Renaissance’s Huaxing Growth Capital, CITIC Private Equity, Hony Capital, and Legend Holdings. Read more here and here… Read More
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