A creditor consortium led by Investec and Bain Capital Credit (BCC) has assumed full control of Gerard Lighting, an Australian light fittings distributor owned by CHAMP Private Equity.
CHAMP took the business private four-and-a-half years ago in a deal worth A$186 million ($140 million) with a view to leveraging the structural shift in the industry towards LED and energy efficient solutions....
Tuya, a Chinese software platform for internet-of-things (IoT) systems that mainly offers platform-as-a-service (PaaS) products is pursuing a US IPO.
Australian online human resources services start-up Employment Hero has raised A$45 million ($35 million) in Series D funding led by domestic recruitment business Seek.
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Pakistan-focused VC firm Indus Valley Capital has raised $17.5 million for its debut fund focused on early-stage start-ups. The initial target was $15 million.