Private equity and venture capital firms Aditya Birla Private Equity, Norwest Venture Partners (NWF), Faering Capital, Argonaut Ventures and Gaja Capital are among the investors committing INR3 billion (approximately US$54.9 million) to India’s Ratnakar Bank. The investment is intended to help Ratnakar prepare for a possible initial public offering… Read More
Fidelity Growth Partners India (FGPI), the India-focused private equity arm of Fidelity Worldwide Investment, has invested INR300 million (approximately US$5.4 million) in Richcore Lifesciences, an Indian manufacturer of enzymes for the energy, food and water industries. The company’s portfolio currently includes enzymes to aid sugar and alcohol processing, as… Read More
U.K.-based healthcare investor Moonray Healthcare has acquired Czech Republic-based ophthalmologic hospital manager Lexum from CEE-focused private equity firm Arx Equity Partners and Lexum’s founder, Professor Martin Filipec. Lexum operates ten hospitals focused on general ophthalmology and refractive surgery in the Czech Republic and Poland. Financial details of the transaction… Read More
Latin America-focused asset management firm Linzor Capital Partners has acquired Uruguayan pharmacy chain Farmashop, which operates 78 pharmacies throughout the country. Financial details of the transaction were not disclosed. Read More
Matrix Partners India, the India-focused arm of global private equity firm Matrix Partners, has invested in Indian payment solutions provider Mswipe Technologies. Mswipe’s products allow businesses to accept credit and debit card payments via mobile phones. Financial details of the transaction were not disclosed. Read More
Emerging markets private equity investor Actis has invested in Chinese medical equipment manufacturer Nanjing Micro-Tech, acquiring a minority stake in the company. Nanjing Micro-Tech’s product portfolio includes endoscopy consumables, non-vascular stents and disposable biopsy forceps, and the company has a network of 120 distributors within China. Financial details of… Read More
East Capital, a Swedish asset management firm focused on Eastern Europe and China, has sold its 8.8 percent stake in Latvian IT products wholesaler ELKO Grupa to the company’s other shareholders. East Capital first invested in the company in 2005 and provided debt financing in 2008 and 2009. The… Read More
Global special situations investor Clearwater Capital has increased its stake in Indian hotel manager Kamat Hotels to 41.3 percent after acquiring additional shares in the listed company and converting existing bond holdings into equity. Clearwater, which previously held a 21.99 percent stake in Kamat, purchased over 1.7 million shares… Read More
Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has invested an additional US$200 million in Vietnamese consumer food products company Masan Consumer through a combination of primary and secondary shares. KKR previously invested US$159 million in the company in April 2011. Masan produces condiments, convenience foods and instant… Read More
United Arab Emirates-based online fashion retailer Namshi has received investment from U.S.-based growth equity firm Summit Partners. Namshi sells apparel from over 550 brands to customers within the Gulf Cooperation Council countries. Financial details of the transaction were not disclosed. Read More
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