Australian Aged Care Partners, an Archer Capital portfolio company, has agreed to buy property group Lend Lease's aged care unit for A$270 million ($276 million). The transaction is expected to be completed by the end of March 2013.
Lend Lease's Aged Care unit owns and manages 30 aged care facilities across Australia with 2,338 beds and an additional 563 beds in the pipeline. The business was bought by Lend Lease as part of the Primelife...
Efficient Drivetrains produces powertrain systems suitable for electric vehicles and hybrids, leveraging automakers desire to meet emissions requirements without building costly in-house operations. H&A Asia Pacific is financing a wider geographic roll-out
Tink Labs, a Hong Kong-based start-up that provides hotel guests with free smart phones, has raised $125 million in a new round of funding led by existing investor FIH Mobile, a Hong Kong-listed unit of Taiwan’s Foxconn Technology Group.
Sequoia Capital has led a $51 million funding round for Indian cloud data security and information management solutions provider Druva.
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.