Global infrastructure asset manager Macquarie Infrastructure & Real Assets has invested INR7.8 billion (approximately US$122 million) in India-based power producer Ind-Barath Power Infra (IBPIL). The investment provided an exit for global private equity firm 3i Group, which originally invested in IBPIL in 2011. IBPIL will use the fresh capital to… Read More
Private equity group EQT has sold Singapore-based food service distributor Classic Fine Foods Group (CFF) to Germany-based retailing company Metro Group. The transaction values CFF at an initial enterprise value of US$290 million, with an additional earn-out of up to US$38 million based on the company’s performance in 2015 to… Read More
Czech Republic- and Slovakia-focused private equity firm Genesis Capital has reached a first close for Genesis Private Equity Fund III (GPEF III) with EUR45 million (approximately US$49 million) in capital commitments. Investors in the first close included: development finance institution European Investment Fund, Czech Republic-based bank Česká spořitelna, Czech Republic-based… Read More
Livonia Partners, a private equity firm focused on the Baltics, has reached a first close for its maiden fund Livonia Partners Fund I with EUR70 million (approximately US$77 million) in capital commitments. Investors in the first close included European Union lender European Investment Bank, development finance institution European Bank for… Read More
Mid Europa Partners, a private equity firm focused on Central Europe and Turkey, has agreed to acquire Romania-based healthcare services company Regina Maria from global private equity investor Advent International and the Enayati family, founders of the company. The transaction is subject to anti-trust clearance and is expected to close… Read More
Accion’s Frontier Investments Group, a venture equity initiative focused on the financial sector in emerging markets, and Redpoint eventures, a Brazil-focused venture capital firm, have invested BRL10 million (approximately US$2.9 million) in a Series A round of funding for Brazil-based consumer lending company BankFacil. The company secures its loans with… Read More
Southeast Asia-focused private equity firm Navis Capital Partners has sold Singapore-based waste management company ECO Industrial Environmental Engineering to China-based wastewater treatment, water construction and real estate development company Beijing Capital Group for SGD246 million (approximately US$180 million). Navis originally acquired a controlling stake in the company in 2007. Read More
Venture capital firm IDG Ventures India, philanthropic investment firm Omidyar Network and India-focused investment firm Sherpalo Ventures have invested INR128 million (approximately US$2 million) in India-based Rejuvenate Solutions, operator of online home services company Zimmber. The company will use the fresh capital for hiring and to expand into new markets… Read More
CDIB Capital International Corporation, the international private equity arm of China Development Financial, has a reached a final close for CDIB Capital Asia Partners with US$405 million in capital commitments. The fund will invest in the consumer and retail, advanced manufacturing and business services sectors in China and the broader… Read More
Africa-focused asset management firm Investec Asset Management has completed a follow-on investment in Nigeria-based mobile telecommunications infrastructure provider IHS Towers. Investec originally invested in IHS in 2011. The company will use the new capital to acquire, build and integrate new towers. Financial details of the transaction were not disclosed. Read More
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