Latin America-focused alternative investment company GP Investments has signed definitive agreements to sell its stake in Brazil-based cellphone tower management company BR Towers to a subsidiary of United States-based wireless communications provider American Tower Corporation. The transaction will be structured through GP Investments’ GP Capital Partners V and GPCP5… Read More
Central and Eastern Europe-focused private equity firm 3TS Capital Partners has invested US$7.2 million in Czech Republic-based multiscreen solution provider Visual Unity. The transaction was structured through 3TS-Cisco Growth Fund III. The company intends to use the funding to increase its sales efforts with the aim of expanding its… Read More
Private equity fund manager Kibo Capital Partners has reached a first close on its second fund, The Kibo Fund II, with US$50 million in capital commitments. Investors included development finance institutions, pension funds, family offices and other institutional and commercial investors. The Kibo Fund II will make growth capital… Read More
Alternative investment firm Bain Capital has sold one-third of its stake in India-listed motorcycle and scooter manufacturer Hero MotoCorp for about US$250 million. The shares were sold on 13 June 2014 to investors in the United States, Europe and Asia at an average price of INR2,627 (approximately US$44) per… Read More
China-based online shopping platform and social network Mogujie has raised US$200 million in a Series D financing round led by private equity firms Hopu Investment Management and Trustbridge Partners. Existing investors venture capital firms Qiming Venture Partners and IDG Capital Partners also participated in the round, which valued the… Read More
Czech Republic- and Slovakia-focused private equity fund manager Genesis Capital has acquired a 51 percent stake in 3070 Group, a Slovakia-based retail design consultancy company. The investment will allow 3070 to enter the financial services, fashion and automobile markets, with plans to expand the business in Europe in the… Read More
Private equity, real estate and corporate finance advisory firm The Capital Trust Group has reached a first close on its fourth Middle East and North Africa-focused private equity fund, EuroMena III, with US$100 million in capital commitments. Investors included development finance institutions European Investment Bank, DEG and International Finance… Read More
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to buy Romania-based courier service provider Urgent Curier. Abris plans to merge the company with its existing portfolio company Cargus International, a Romania-based domestic parcel shipping company, which it had acquired in October 2012. Post-merger, the… Read More
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to buy Romania-based courier service provider Urgent Curier. Abris plans to merge the company with its existing portfolio company Cargus International, a Romania-based domestic parcel shipping company, which it had acquired in October 2012. Post-merger, the… Read More
Central and Eastern Europe-focused private equity investor Resource Partners has increased its investment in Romania-based fitness chain World Class Romania by completing the buyout of minority shareholders. Resource Partners previously acquired a 71 percent stake in the company in March 2014. World Class Romania plans to continue the expansion… Read More
(default archive template)