Mexico-based exploration and production company Sierra Oil & Gas has received US$525 million in equity commitments from energy and power-focused private investment firm Riverstone Holdings, oil and gas private equity investor EnCap Investments and infrastructure-focused private equity firm Infraestructura Institucional. Riverstone and EnCap each committed US$225 million, while Infraestructura Institucional committed US$75… Read More
Global alternative asset manager The Carlyle Group and private equity firm Yunfeng Capital have agreed to exit China-based digital cinema equipment manufacturer GDC Technology as part of China-based movie studio Huayi Brothers Media’s acquisition of a controlling stake in the company. Huayi Brothers plans to increase its holdings to 79… Read More
Global alternative asset manager Global Environment Fund (GEF) has agreed to invest INR450 million (approximately US$7.4 million) in India-based submersible water pumps manufacturer Shakti Pumps India through an issue of compulsory convertible preference shares (CCPS). GEF will subscribe to 1.5 million CCPS at a price of INR300 (approximately US$4.91) per… Read More
India-based online classifieds business Quikr has secured a US$60 million financing round led by new investor Tiger Global Management. Existing investors Warburg Pincus, Kinnevik, Matrix Partners India, Norwest Venture Partners, Nokia Growth Partners, Omidyar Network and eBay also participated in the round. Quikr intends to use the funding for product… Read More
Management advisory and investment firm Delta Partners has signed an agreement to invest up to EUR10 million (approximately US$13.1 million) in mobile virtual network operator Virgin Mobile Central and Eastern Europe (VMCEE). This is part of a larger EUR40 million (approximately US$51.8 million) financing round for VMCEE that includes participation… Read More
Global investment firm KKR has signed a term sheet to provide INR10 billion (approximately US$164.2 million) of structured long-term financing, with co-investors, to India-based GMR Holdings, the holding company for infrastructure business group GMR Infrastructure (GIL). GMR Holdings will then infuse funds in GIL in order to strengthen its balance sheet,… Read More
Palestine-based WebTeb, the operator of an Arabic language health and lifestyle portal, has closed a US$3.2 million Series C financing round led by venture capital firm Sadara Ventures. Existing investors, including Palestine-focused fund manager Siraj Fund Management Company (SFMC), also participated. SFMC’s transaction was structured through Siraj Palestine Fund. WebTeb… Read More
Grupo Hotelero Santa Fe-a platform created by Mexico-focused private equity firm Nexxus Capital, industrial conglomerate Grupo Chartwell and private equity real estate firm Walton Street Capital to operate and acquire hotels in Mexico-placed its shares on the Mexican Stock Exchange on 12 September at a price of MXN10 (approximately US$0.76)… Read More
Mezzanine-focused private investment fund manager Vantage Capital has provided mezzanine financing to South Africa-based Austell Laboratories, a 100 percent black-owned pharmaceutical company. The transaction was structured through Vantage's Fund II. Austell intends to use the financing to fund its working capital needs and to expand its range of products. Financial… Read More
Syntaxis Capital, a provider of mezzanine financing in Central Europe, has invested EUR15 million (approximately US$19.4 million) in debt and equity in Poland-based Glass-Team, a manufacturer of fire-resistant glass used in commercial building facades, exterior and interior walls, windows and doors. The investment will support Glass-Team's European expansion and allow… Read More
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