Australia-listed Super Retail Group has agreed to buy 100% of Macpac, a New Zealand-headquartered outdoor apparel and equipment supplier owned by CHAMP Ventures, for NZ$144 million ($107 million).
VIG Partners has agreed to buy an 83.1% stake in Korean food wholesaler WinPlus for KRW74 billion ($69 million). The investment includes a primary capital injection of KRW45 billion.
China’s Harbin Pharmaceutical Group, which is controlled by CITIC Capital, has agreed to acquire a 40% stake in GNC Holdings for $300 million, becoming the largest shareholder in the US-based nutritional supplements retailer.
Alibaba Group has joined a group of PE investors to acquire a 36% interest in Beijing Easyhome Furnishing, China’s second-largest home improvement supplies and furniture chain operator, in a deal worth RMB13 billion ($2 billion).
Club Factory, a China-based e-commerce platform that sells fashion products overseas, has raised $100 million in a Series C round of funding from existing investors IDG Capital Bertelsmann Asia Investment (BAI).
Private equity is taking a bigger piece of New Zealand’s small economic pie. Investors must act opportunistically to exploit substantial potential in an inconspicuous but engaging middle market
Demographic shifts are prompting Australian GPs to reevaluate domestic consumer plays with an eye toward processes rather than goods. Overseas markets are an increasingly important part of the equation
Lakeshore Capital has invested an undisclosed amount in Thailand-based personal care brand Panpuri.
Advantech Capital and Redview Capital – parallel entities formed following the restructuring of Chinese GP New Horizon Capital – are seeking a combined $1.5 billion for their latest funds.
Indian online food-ordering and delivery platform Swiggy has raised a $100 million Series F round led by South African internet giant Naspers Group, with participation by China-based online-to-offline (O2O) local services provider Meituan-Dianping.
Chinese online retailer JD.com has formed an M&A fund with Hong Kong-listed clothing producer and retailer Cosmo Lady. The target size is RMB1 billion ($159 million).
Ekuinas sees Al-Ikhsan as a model Malaysian entrepreneurial success story, and since its investment the firm has focused on preparing the company to become a leader in Southeast Asia’s budding sportswear market
CDH Investments is supporting an acquisition of the professional testing business of US-listed Chinese education company ATA. It is working on the $200 million deal in partnership with ATA’s co-founder and CEO.
India-based food processing company Capricorn Food Products has filed for an IPO that will provide a partial exit for private equity backer Quadria Capital.
CITIC Private Equity has led a RMB343 million ($55 million) Series D round for China’s smart home technology solutions provider BroadLink. It is said to be the largest funding round for a domestic start-up in this market segment.
CDH Investments has led a $100 million Series D round of funding for Blued, a leading gay dating app in China, with participation from UG Capital.
Indian mobile game platform Nazara Technologies has filed for an IPO that will provide an exit to its private equity backer WestBridge Capital Partners.
Chinese online retailer Alibaba Group has led a $300 million funding round for Indian online grocer Bigbasket.
NSI Ventures has taken part in a $13 million Series B round of funding for Singapore-based lifestyle brand Love Bonito.
Meliche Jinrong, the online auto finance subsidiary of Chinese consumer loans site Meili Jinrong, has raised a $92 million Series B round led by local agribusiness player New Hope Group.
Japanese middle market GP Polaris Capital has agreed its second corporate carve-out in three months with a deal to buy Fujitsu’s mobile devices business.
One Tree Agriculture, an Australia-based agriculture investor owned by Proterra Investment Partners, has purchased three farm properties in New South Wales.
Ping An Healthcare & Technology - the PE-backed business that runs the healthcare-focused mobile app known as Ping An Good Doctor in China - is seeking a separate listing in Hong Kong from its parent company Ping An Insurance.
Creador has completed its first investment in Vietnam, committing VND994 billion ($43.8 million) to Mobile World, the country’s leading mobile device and consumer electronics retailer.