Baring Private Equity Asia (BPEA) is set to expand its corporate services provider portfolio, having agreed to buy Tricor Group from Permira for an enterprise value of $2.76 billion.
The private equity firm has owned Vistra Group, which operates in broadly the same space, since 2015, leading an aggressive M&A-driven expansion. It was among the bidders for Tricor when Permira bought...
US-based Liberty City Ventures has led a USD 359m round for Hong Kong blockchain media company Animoca Brands at a pre-money valuation of USD 5bn, more than double its valuation in October.
Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.
Novotech, an Asia-based clinical trials specialist controlled by TPG Capital, has secured USD 760m in new equity and debt financing at a post-deal valuation of approximately USD 3bn.
Quadrant Private Equity has sold Journey Beyond, an Australia-based experiential tourism business, to US-based Hornblower Group, which is best known for offering cruise and sightseeing packages.