India-focused private equity firms Peepul Capital and Ascent Capital have invested INR2 billion (approximately US$30 million) in India-based packaged foods company Maiyas Beverages and Foods. Peepul contributed about 80 percent of the total transaction amount, while Ascent contributed the remainder. The company will reportedly use the new capital to build… Read More
SaferPass, a Slovakia-based developer of online identity, security and password management products, has closed an EUR1 million (approximately US$1.1 million) seed round led by venture capital firms LRJ Capital and Neulogy Ventures, with participation from a group of global angel investors. SaferPass will use the funds for continued development of… Read More
Private equity fund manager Phatisa and Zambia-based real estate company Camland Estate have entered into an agreement to develop a middle income residential property in Lusaka, Zambia. The transaction will be structured through Phatisa’s Pan African Housing Fund. The development, to be named Camland Villas, is a multi-phase, build-to-sell project… Read More
Vietnam-focused private equity firm Mekong Capital has closed its latest fund, Mekong Enterprise Fund III, with US$112 million in capital commitments. Investors in the fund included development finance institutions FMO and International Finance Corporation, which committed US$17.5 million and US$15 million, respectively. The fund will target both minority and buyout… Read More
Middle East- and Asia-focused private equity firm Fajr Capital has acquired Cravia Group, a United Arab Emirates-based food and beverage company with a presence in Bahrain, Saudi Arabia and Qatar. The company operates franchises including: Zaatar w Zeit, Cinnabon, Seattle's Best Coffee, Carvel and Five Guys. The company plans to… Read More
Global alternative asset manager The Carlyle Group has invested in Mazarine Energy, an upstream oil and gas company with existing assets in Tunisia. Carlyle will also grant Mazarine Energy access to an equity line of up to US$500 million to fund future bolt-on acquisitions, focusing on conventional exploration, development and… Read More
Properati, an Argentina-based online and mobile platform for the Latin American real estate market, has received a US$2 million investment from venture capital firm NEVEQ Capital Partners, accelerator and seed fund NXTP Labs and private company Telor International. NEVEQ structured its contribution through NEVEQ II. Properati plans to use the… Read More
CITIC Capital Partners, the private equity arm of CITIC Capital, has agreed to sell its entire 67.1 percent stake in Hong Kong-based packaging materials company Tri-Wall Holdings to Japan-based packaging manufacturer Rengo for a reported US$222 million. CITIC originally invested in Tri-Wall in a transaction structured through CITIC Capital Partners… Read More
India-based online lending platform Capital Float has raised a US$25 million Series B financing round led by Creation Investments Capital Management, an investment management firm with a focus on financial services. India-focused investment firm Aspada and venture capital firms SAIF Partners and Sequoia Capital also participated in the round. Capital… Read More
Global private equity firm Warburg Pincus has completed an investment in UIB, a China-based obstetrics, gynecology (OB/GYN) and pediatrics hospital chain. The transaction was structured through Warburg Pincus XII. The investment will accelerate UIB’s development and expansion of its business offerings in the OB/GYN and pediatrics sector. Financial details of… Read More
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