Central and Eastern Europe-focused private equity and venture capital firm Enterprise Investors has agreed to acquire a 19 percent stake in JS Hamilton Poland, a Poland-based provider of laboratory analysis and inspection services, for EUR8 million (approximately US$9.8 million). The transaction, which is conditional upon regulatory approval, will be structured… Read More
Global alternative asset manager The Carlyle Group has acquired a 55 percent stake in India-based publishing and technical services provider Newgen KnowledgeWorks from existing investors for US$32.8 million. The transaction was structured through First Carlyle Ventures III. Carlyle acquired the stake held by private equity investors Franklin Templeton Private Equity… Read More
Amethis Finance, a fund manager that provides debt and equity financing to companies in Africa, and Retail Holding, the parent company of Moroccan food distributor Label’Vie Group, have jointly invested in Côte d'Ivoire-based food distribution company Compagnie de Distribution de Côte d'Ivoire (CDCI). CDCI owns and operates wholesale, semi-wholesale and… Read More
Pan-emerging markets private equity firm Actis has invested in Tunisa-based Université Centrale Group, a provider of private tertiary education in Tunisia. The university’s four schools offer courses across medical, legal, engineering and business disciplines. Financial details of the transaction were not disclosed. Read More
International private equity firm Permira has agreed to acquire 100 percent of the equity in South Africa-based Teraco in partnership with the company’s management. The transaction was structured through Permira V. Established in 2008 after the deregulation of South Africa’s telecoms market, Teraco provides carrier-neutral datacenter services in Sub-Saharan Africa. Permira’s… Read More
Emerging markets-focused alternative asset manager Cartica Capital has partially exited India-based kitchen appliances manufacturer TTK Prestige for INR465 million (approximately US$7.5 million). Cartica’s remaining 5.7 percent stake is worth around INR2.5 billion (approximately US$40 million). Cartica originally invested in the company in June 2013. … Read More
India-focused investment manager Aditya Birla Private Equity has acquired a 2.5 percent stake in India-based apparel manufacturer Monte Carlo Fashions for INR350 million (approximately US$5.6 million). The transaction, which was part of an anchor investor allotment ahead of the company’s public issue on the Bombay Stock Exchange and the National… Read More
Venture capital firm Qiming Venture Partners has participated in financing rounds for three China-based companies: personal finance mobile app developer Hangzhou Wacai Science (Wacai), biopharmaceutical company CANbridge Life Sciences and NoSQL database provider SequoiaDB. Qiming participated in a US$50 million Series B financing round for Wacai, which was led by… Read More
Pan-African private equity firm Development Partners International (DPI) has acquired a minority stake in South Africa-based home shopping retailer HomeChoice International. The transaction was structured through DPI’s second fund, African Development Partners II. DPI’s investment will be followed by HomeChoice’s listing on the JSE in December. Financial details of the… Read More
NBK Capital’s Alternative Investments Group, a private equity and mezzanine fund manager in the Middle East and North Africa, has acquired a 51 percent stake in Turkey-based digital signage company Sistem-9 Medya. The transaction was structured through NBK Capital Equity Partners Fund II. Financial details of the transaction were not… Read More
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