Baring Private Equity Asia has agreed to buy Lumenis, an Israel-headquartered medical devices manufacturer that counts Asia as its largest market, from XIO Group for a valuation of $1 billion.
The deal comes three months after XIO – a cross-border private equity firm established by several Asia-based investment professionals that has faced scrutiny over the makeup of its LP base – exited...
KKR and DCP Capital Partners have jointly invested in Adopt A Cow, a China-based dairy farm operator that pursues a direct-to-consumer sales model underpinned by digital tools.
Centurium Capital and Joy Capital have invested $250 million in scandal-hit Chinese coffee shop chain, with Centurium describing it as a sign of faith in the company’s business model and long-term prospects.
China-based logistics provider ZJS Express has raised a RMB1 billion ($153 million) Series B round led by Sino-Ocean Capital. Gaolin Capital and state-backed HighRun Capital also participated.
Japanese venture capital firm Samurai Incubate has closed its second Africa-focused fund above target at just over JPY2.02 billion ($18.6 million).