Acumen LatAm Impact Ventures (ALIVE, previously Acumen LatAm Capital Partners) has reached a USD28m final close for Acumen Latin America Early Growth Fund. The vehicle will invest in innovative, impact-driven early-growth companies in Colombia and Peru. Read more… Read More
I&M Holdings has agreed to acquire a 90% stake in Uganda-based Orient Bank, providing an exit for shareholders including 8 Miles who first invested in the bank in 2015 and held a 42% interest. The transaction is subject to regulatory approvals. Read more… Read More
Enterprise Investors (EI) has sold Poland-based Skoczykłody wind farm to PGE Energia Odnawialna for EUR50m (approximately USD59m). The wind farm was developed by EI’s portfolio company Wento. Read more… Read More
Tata Capital Growth Fund has agreed to invest INR2.25b (approximately USD30m) in India-based biopharmaceuticals company Biocon Biologics for a 0.85% stake in a deal that reportedly values the business at USD3.5b. Read more… Read More
Warburg Pincus has divested a 2.2% stake in India-based AU Small Finance Bank for INR5.17b (approximately USD69m) through an open market transaction. Buyers include Abu Dhabi Investment Authority, Reliance Mutual Fund, Morgan Stanley Asia Singapore, and Westbridge AIF I. Warburg retains a ~4.5% stake in the bank. Read More
Navis Capital Partners has acquired Cambodia-based CIA First International School for an undisclosed amount. Read more… Read More
Advent International has agreed to acquire a controlling stake in India-based pharmaceutical company RA Chem Pharma from Micro Labs for an undisclosed amount. Read more… Read More
One Equity Partners has invested a USD200m Series A for Croatia-based cloud communications platform Infobip in a deal which reportedly values the company at over USD1b. Read more… Read More
Redpoint eventures led a BRL60m (approximately USD11.6m) Series B for Brazil-based fintech Magnetis, with participation from Vostok Emerging Finance. Read more… Read More
Dubai-headquartered payment company Network International has agreed to acquire DPO Group, a digital payments platform operating in Africa and the Middle East backed by Apis Partners, for USD288m. Read more… Read More
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