Pátria Investimentos reached a BRL1b (~USD193m) final close of its seventh flagship private equity fund. Patria Private Equity VII will invest in commodities, distribution, logistics, food and beverage, health and education companies in Brazil, Chile, Colombia and Peru. Read more… Read More
Mubadala Capital led a BRL550m (~USD106m) round for CERC, a Brazil-based receivables processor and clearing services provider, with follow-on from Valor Capital. Read more… Read More
Africa50 agreed to invest in Holged Group, a Morocco-based company operating sixteen primary and secondary school campuses across four education brands in Morocco and Tunisia. Read more… Read More
Skandia and Accial Capital launched Skandia Alternative Compartimento Impacto Private Capital Fund, a credit financing fund to strengthen the fintech sector in Colombia and promote initiatives that generate a social impact. Read more… Read More
Integral Venture Partners, through its Evolving Europe Principal Investments I fund, invested in Medima Health, a Romania-based medical clinic chain specializing in imaging and radiology, through a combined capital increase and secondary share purchase. Read more… Read More
Rua Growth Fund, a joint venture of Osool & Bakheet Investment Company and iMENA Group, led a USD10m investment in ZenHR, a HR software provider based in Saudi Arabia, with follow-on from Endeavor Catalyst and others. Read more… Read More
African Infrastructure Investment Managers (AIIM), through its AIIF4 and IDEAS funds, agreed to invest up to USD150m to establish cold chain logistics platform Commercial Cold Holdings (CCH) with partners Bauta Logistics and Mokobela Shakati; AIIM will hold a 59.2% stake in CCH. To seed the platform, AIIM and its partners agreed… Read More
Saudi Arabia’s Public Investment Fund (PIF) acquired a 34% stake in Egypt-based household appliances and consumer electronics retailer B.TECH from DPI for USD150m. DPI acquired the stake in B.TECH for EGP300m (~USD34m) in July 2016 through African Development Partners II. Read more… Read More
YAS MicroInsurance, a Hong Kong-based provider of microinsurance on the blockchain, raised a USD4.5m pre-Series A led by Noria Capital, ZEMU VC and JKL Capital. Read more… Read More
Temasek-affiliated 65 Equity Partners invested USD80m in ShopBack, a Singapore-based online shopping rewards app. Read more… Read More
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