CEE-focused private equity firm Innova Capital has acquired a 52.8 percent stake in Romanian electrical engineering services company EnergoBit Group. The European Bank for Reconstruction and Development was a co-investor in the transaction. Financial details of the investment were not disclosed. Read More
IDFC Alternatives, the alternative investment arm of Indian infrastructure finance company IDFC, has invested INR1 billion (approximately US$18 million) in Manipal Servicecorp Facility Management, a subsidiary of India’s Manipal Education and Medical Group, which builds and manages student accommodations at Indian universities. IDFC invested from its IDFC… Read More
Kinea Investimentos, the asset management subsidiary of Brazil’s Grupo Itaú, has agreed to purchase a stake in Brazilian health imaging company Delfin Group for BRL100 million (approximately US$47.9 million). Delfin manages six health imaging clinics in the northeastern region of Brazil. Following the investment, Kinea will share control of… Read More
CAG Digital Internet Holdings, an investment vehicle affiliated with global private equity firm The Carlyle Group, has sold a 9 percent stake in Chinese digital cinema equipment and solution provider GDC Technology to Chinese private film production company Huayi Brothers Media Group for US$21 million. In addition… Read More
Middle East and Africa-focused private equity firm Citadel Capital SAE, Qatari investment bank QInvest and other Qatari investors have agreed to form a joint venture to construct and own a Floating LNG Storage and Regasification Unit (FSRU) in Egypt. The new FSRU will regasify liquid natural gas and market… Read More
Russia and CIS-focused private equity firm Elbrus Capital has invested in Russian express delivery service SPSR-Express. As part of the transaction, Elbrus will acquire a portion of the stake currently held by the Russian Retail Growth Fund, which is managed by Russian private equity firm Svarog Capital Advisors. The… Read More
Private equity-backed Chinese social media platform YY listed an IPO on the NASDAQ Stock Market, issuing 156 million shares and raising approximately US$81.9 million. YY’s IPO was underwritten by private equity firms Morningside Group, GGV Capital and Steamboat Ventures, as well as hedge fund Tiger Global Management. This is… Read More
Blue River Capital, an Indian private equity firm, has completely exited from its investment in India’s City Union Bank. Blue River first invested in City Union Bank in 2007 as part of a consortium that included Dutch development finance institution FMO and U.S.-based venture capital firm Argonaut… Read More
CyberAgent Ventures, the venture capital arm of Japanese internet company CyberAgent, has invested in Vietnamese online restaurant review search engine Foody. Launched in August 2012, Foody has compiled information on over 10,000 restaurants and posted 5,000 user reviews. CyberAgent invested from its Southeast Asia-focused venture capital fund CA Asia… Read More
Matrix Partners India, the Indian affiliate of U.S.-based investment firm Matrix Partners, has acquired a minority stake in India’s Mewar Orthopaedic Hospitals, which provides surgical orthopedic care from hospitals in three Indian states: Rajasthan, Gujarat and Madhya Pradesh. The company plans to open a 100-bed center of excellence which… Read More
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