Alternative investment firm Bain Capital has agreed to acquire Brazil-based provider of health and dental plans Grupo Notre Dame Intermedica (GNDI) from its founder, Dr. Paulo Barbanti, for a reported BRL2 billion (approximately US$858 million). The company provides healthcare services to more than seven thousand companies and three million… Read More
The Lake Turkana Wind Power Project (LTWP), intended to add 300MW of low cost wind energy to Kenya's national electricity grid, has signed financing agreements worth more than US$870 million, including a mixture of equity, mezzanine debt and senior debt. Pan-African infrastructure fund manager Harith General Partners, structured through… Read More
Alternative investment management and advisory firm CITIC Capital has invested more than RMB100 million (approximately US$16 million) in a Series A financing round for China-based vocational training provider Shsun Education Group. The company, which offers vocational training courses on architecture, real estate and financial services, intends to use the… Read More
China- and Taiwan-focused investment firm Zoyi Capital has acquired a controlling stake in China-based Pink Mary, a manufacturer and distributor of women's apparel. Pink Mary's products are sold in around 400 stores throughout China. Financial details of the transaction were not disclosed. Read More
Indian Institute of Management Ahmedabad's (IIM-A) technology incubator Centre for Innovation Incubation and Entrepreneurship (CIIE) has reached a second close on its cleantech fund, Infuse Ventures, with INR1.11 billion (approximately US$18 million) in capital commitments. Infuse Ventures held a first close last May and aims to reach a final… Read More
Venture capital firm Qiming Venture Partners has closed its fourth USD-denominated venture capital fund with US$500 million in capital commitments. The fund, which was oversubscribed, will focus on early- to growth-stage investments in the internet and consumer, healthcare, information technology and cleantech sectors in China. Read More
China-based investment holding company Tencent Holdings and Taiwan-based semiconductor manufacturer MediaTek have led a financing round worth more than US$200 million for China-based e-commerce platform Mmb.cn. Existing investor venture capital firm Sequoia Capital also participated in the round. Mmb.cn intends to use the new capital to build a nationwide… Read More
Central and Eastern Europe-focused private equity firm 3TS Capital Partners, structured through its Catalyst Romania fund, has acquired more than a 23 percent stake in Romania-based Simartis Telecom, a developer of products and services for Global System for Mobile Communications (GSM) operators. The company intends to use the fresh… Read More
Funds advised by private equity and investment advisory firm CVC Capital Partners have acquired a controlling stake in Da Niang Dumpling Holdings, a Chinese cuisine quick-service restaurant operator based in China, from the founder, Wu Guoqiang, who will remain as a shareholder. Da Niang operates a network of over… Read More
Capital Indigo, a private equity firm focused on mid-market private equity and mezzanine debt investments in Mexico, has invested in Mexico-based specialty foods company Interdeli for a controlling stake. The transaction was structured through Indigo 1. Interdeli, which manufactures and supplies bakery products, prepared foods and dairy products, intends… Read More
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