Global private equity firm Warburg Pincus has agreed to invest in Poland-based pharmacy company Apteki Gemini. The new capital will be used to expand the company’s traditional and e-commerce business. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Separately, Warburg Pincus-backed China Huarong Asset… Read More
Sub-Saharan Africa-focused private equity firm Adenia Partners has exited Hôtel du Louvre, a business hotel located in Antananarivo, Madagascar, to a group of undisclosed local investors. The transaction was structured through Adenia Capital I. Adenia originally invested in the company in 2006. Financial details of the transaction were not disclosed. Read More
India-based clean energy company ReNew Power Ventures has raised US$265 million in a round of funding from global alternative asset manager Global Environment Fund (GEF), the private equity arm of investment bank Goldman Sachs and sovereign wealth fund Abu Dhabi Investment Authority (ADIA). GEF invested up to US$15 million, while… Read More
Global alternative asset manager The Carlyle Group and Brazil-focused alternative investment and asset management firm Vinci Partners have agreed to invest in Brazil-based education company Uniasselvi, a subsidiary of Kroton Educacional. The transaction will be structured through Carlyle’s South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas II… Read More
Axxon Group, a private equity firm that focuses on small and mid-cap companies in Brazil, has reached a final close for its Axxon Brazil Private Equity Fund III with US$400 million in capital commitments, exceeding its US$350 million target. Investors in the fund include endowments, foundations, public and private pension… Read More
Southeast Asia-focused private equity investor Hera Capital has agreed to sell its stake in China and Singapore-based social media analytics company ActSocial to Linkfluence, a France-based social media analytics company. The transaction took place as part of Linkfluence’s acquisition of the company. Hera originally invested in ActSocial in 2013. Financial… Read More
Latin America-focused investment bank BTG Pactual’s private equity arm has agreed to reduce its stake in Brazil-based Bravante, a service provider for offshore oil platforms, from 47 percent to 10 percent via a sale to existing shareholders in the company. BTG Pactual originally invested in Bravante in 2010. Financial details… Read More
Mid Europa Partners, a private equity firm focused on Central Europe and Turkey, has agreed to increase its stake in Czech Republic-based consumer healthcare company Walmark to 100 percent. Mid Europa, which originally acquired a 50 percent stake in the company in 2012, is buying the remaining stake from the… Read More
Private equity fund manager Phatisa has entered into an agreement with Rwanda-based real estate developer Kigali Batsinda Estate to develop Izuba City, a 300-unit housing complex in Rwanda. The investment will be structured through the Pan African Housing Fund, a real estate fund managed by Phatisa. Financial details of the… Read More
North Africa-focused private equity firm Mediterrania Capital Partners has acquired a 23 percent stake in Tunisia-based wheat collection, transformation and distribution company Société Meunière Tunisienne (SMT), which sells pasta under the Randa brand name. The transaction was structured through Mediterrania Capital II. SMT intends to use the capital to consolidate… Read More
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