OQVestir, a Brazil-based online store specializing in women's luxury fashion, has raised US$30 million in new funding from Brazil-focused private equity firm TMG Capital. TMG Capital’s investment was structured through TMG Private Equity Fund II. Existing investors venture capital firm Kaszek Ventures and hedge and private equity firm Tiger… Read More
Global private investment firm H.I.G. Capital, through its Brazilian affiliate, has invested in Brazil-based managed print services provider Office Total. The company provides office and printing equipment, technical support and monitoring services to its clients through leasing programs. H.I.G. Capital’s investment will support the company’s organic growth and allow… Read More
Integrated telecommunications company Telekom Malaysia has agreed to acquire a 57 percent equity stake in Malaysia-based wireless broadband services provider Packet One Networks (P1) for MYR350 million (approximately US$107 million). The acquisition will facilitate the exit of Southeast Asia-focused mezzanine fund manager Kendall Court, which led a US$51 million… Read More
Amethis Finance, a fund manager that provides debt and equity financing to companies in Africa, has held an interim close for its debut fund with US$250 million in capital commitments. The fund also has received a US$150 million line of credit from United States development finance institution Overseas Private… Read More
Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has announced it will acquire Brazil-based data center operator Aceco TI from global growth equity investment firm General Atlantic and other shareholders. KKR will make its investment in partnership with Aceco CEO Jorge Nitzan, who will hold a significant minority… Read More
Multi-strategy private equity investment firm Siguler Guff & Company has closed its most recent commingled fund, the Siguler Guff BRIC Opportunities Fund III (BRIC III), with US$650 million in capital commitments. The firm also closed three emerging markets-focused separate accounts during its latest fundraising cycle. BRIC III will target… Read More
Power generation company Endesa Chile has agreed to acquire a 50 percent equity stake in Inversiones Gas Atacama Holding Limitada (IGHL) from Latin America-focused private equity firm Southern Cross for US$309 million. IGHL is the holding company of Gas Atacama, a 781-megawatt natural gas-fired power plant located in northern… Read More
Pan-emerging markets private equity firm Actis has sold a 2.6 percent equity stake in Egypt-based Commercial International Bank (CIB) on the open market to a group of international investors for a reported EGP816 million (approximately US$117 million). Actis, which will retain a 6.5 percent stake in CIB, became the… Read More
Swicorp, a MENA-focused investment banking and asset management firm, has listed Tunisia-based paper producer Sotipapier on the Tunis Stock Exchange. The listing included an offering of 9.5 million shares, representing 40 percent of the company’s share capital and giving Sotipapier an expected market capitalization of TND120 million (approximately US$76… Read More
China- and Taiwan-focused investment firm Zoyi Capital has completed a US$20 million investment in NYSE-listed Camelot Information Systems, a provider of enterprise application services and financial industry technology services in China. Camelot intends to use the proceeds to fund part of the company’s planned take-private deal, as well as… Read More
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