Baring Private Equity Asia and CITIC Capital have sold the China-based assets of English language training provider Wall Street English (WSE) back to the original founder after COVID-19 called into question the business model.
A spokesperson for CITIC confirmed that Luigi Peccenini, who opened the first WSE in Italy in 1972, had assumed control of the directly owned China centers in July with minimal disruption to students....
B2B trading platform Chubby Bear not only wants to drive consolidation in China’s renovation materials space, but also provide exclusive products and supply chain services to contractors
AInnovation, an artificial intelligence (AI) consulting business established by Sinovation Ventures, has completed Series D funding led by SoftBank Vision Fund II. The size of the deal was not disclosed.
Secondaries specialist Lucian Wu has left his role as a managing director with HQ Capital in Hong Kong.
Malaysia-based middle-market private equity firm Creador has paid an undisclosed sum for a 30% stake in local tea shop operator Tealive.