Asia Mountaineering Holdings (AMH), a Netherlands-headquartered company owned by funds managed by Hong Kong-based private equity firm Unitas Capital will invest KRW190 billion (approximately US$162.4 million) to acquire a significant minority stake in NEPA, a Korean outdoor apparel and equipment manufacturer. AMH will make its investment through a subscription… Read More
CapMan Russia, a fund managed by Finland-based asset manager CapMan, has partnered with the European Bank for Reconstruction and Development (EBRD) and Russia-based UFG Private Equity to acquire 24 percent of KDL Test. A laboratory diagnostic services provider, KDL has operations across Russia. The deal, the financial… Read More
IFC, a member of the World Bank Group, will invest US$35 million in the Convergence Partners Communications Infrastructure Fund, which will focus on new, open access communications networks and related services across Africa. Fund manager Convergence Partners, an investment management and advisory firm based in South Africa, is targeting… Read More
Komli Media, a media technology company based in Mumbai, has raised US$39 million in a financing round led by U.S.-based venture and growth equity investor Norwest Venture Partners. Komli Media plans to use the new funds to invest in the company’s core media technology platforms and expand its presence… Read More
Lupatech, a Brazil-based provider of products and services to the oil and gas industry, has concluded a preferential share offer in which it raised BRL260.7 million (approximately US$128 million). Of the 65.2 million shares that were subscribed at a price of BRL4 per share, Latin America-focused private equity firm… Read More
Fortis Healthcare, an integrated healthcare provider operating across the Asia Pacific region, has announced that International Finance Corporation (IFC) and Jacob Ballas India (JBC), an India-focused private equity advisor, will invest INR3.7 billion (approximately US$66 million) in Fortis subsidiary Super Religare Laboratories (SRL), an India-based… Read More
Lightspeed China Partners, the China-based division of global venture capital firm Lightspeed Venture Partners, has invested in the Series B financing round of Meilele, a Chinese online furniture retailer. Meilele raised approximately US$40 million, with Temasek subsidiary Vertex Venture Holdings, Chinese growth capital firm LionRock Capital and Korean asset… Read More
Samara Capital, a U.S.-based private equity firm focused on India, has acquired an 18 percent stake in Monte Carlo Fashions for INR1.75 billion (approximately US$32 million). Samara purchased 1.1 million shares from the company’s current ownership group and 2.9 million shares through a capital increase. Monte Carlo, a garment… Read More
Global Environment Fund (GEF), a U.S.-based private equity firm, has raised INR7 billion (US$124 million) for a fund targeting small and medium enterprises in India. The GEF South Asia Fund plans to make three to four minority investments in India a year, with tickets ranging from US$3… Read More
Pretoria Portland Cement Company Limited (PPC) has acquired Pronto Holdings from South Africa-based independent alternative asset manager Capitalworks for a minimum value of ZAR280 million (approximately US$33 million). Capitalworks first invested in Pronto, a ready-mix concrete business based in Johannesburg, in 2008. Read More
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