Australia’s Allegro Funds has agreed to acquire 100% of petrol station chain Gull New Zealand, the largest independent operator of its kind locally, for NZD 552m (USD 327m).
It is the first acquisition from Allegro’s fourth fund, which closed on AUD 750m (USD 521m) in May, beating a target of AUD 600m that was achieved on the first close one month after launch. The fund...
Black Sesame Technologies, a China-based chipmaker specializing in autonomous driving applications, has closed a Series C extension led by SummitView Capital. This brings the size of the overall round to USD 500m.
Japanese lower middle-market private equity firm J-Star has made an investment of undisclosed size in air cargo transportation and courier services provider Score Japan Holdings.
Gaorong Capital and Tsing Song Capital have led a CNY 500m (USD 74m) Series C for IntellectiveBio, a China-based contract development and manufacturing organisation (CDMO).
Morningside Venture Capital has teamed up with Kingray Capital, Trinity Innovation Fund, TigerYeah Capital, and FountainBridge Capital to provide USD 20m in angel and pre-Series A funding for Epigenic Therapeutics, a China-based gene editing specialist.