J-Star, a Japanese lower middle-market GP, has announced its third liquidity event in the space of a week with the exit energy savings solutions provider ESCO via a buyout by company management.
The size of the transaction was not disclosed. J-Star acquired ESCO in 2015 through its second fund, which invested companies with valuations in a range of JPY1-10 billion ($9.7-97 million). At the time,...
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).