China-focused private equity firm Hony Capital, global investment bank Goldman Sachs, IT solutions provider Neusoft Holdings, global investment management organization Canada Pension Plan Investment Board (CPPIB), venture capital firm Frontline BioVentures and others have agreed to invest US$614 million in two medical subsidiaries of China-based IT services provider Neusoft. The… Read More
Badia Impact Fund, part of the global group of venture funds managed by Silicon Badia, has led a US$2 million financing round for Jordan-based provider of weather products and services ArabiaWeather. Existing investors including technology company Jabbar Internet Group, early-stage investor Dash Ventures and angel fund MENA Venture Investments also… Read More
Investment management and advisory firm The National Investor has led a consortium of investors in the acquisition of a 50 percent stake in United Arab Emirates-based National Catering Company (NCC), a private sector industrial catering and facility management business. The company intends to replicate its business model across the Gulf… Read More
Global investment management company BlackRock Private Equity Partners has led a US$300 million financing round for South Korea-based online retailer Coupang. Investment firms Wellington Management Company, Greenoaks Capital Management and Rose Park Advisors also participated in the round. This new financing will help the company strengthen its market position and… Read More
Global private equity firm The Riverside Company has acquired Malaysia-based specialty chemical distributor Drex-Chem Malaysia. Riverside intends to grow Drex-Chem Malaysia’s product and service offerings and expand the company’s geographic footprint. Financial details of the transaction were not disclosed. … Read More
Private equity fund manager Zouk Capital and solar energy company SolarCity have led a US$16 million investment round for Tanzania-based off-grid energy provider Off Grid Electric. Vulcan Capital, the private investment firm of Microsoft co-founder Paul Allen, also participated in the round. Off Grid Electric plans to increase its product… Read More
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
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