CITIC Capital Partners has teamed up with US-based Windjammer Capital Investors to buy Engineered Controls International (ECI), a manufacturer of valves used in the transportation and storage of liquefied petroleum gas (LPG) and liquefied natural gas (LNG). The company’s RegO-branded products are already widely used in LNG-powered trucks and buses in China.
The purchase price was not disclosed but when the asset was put up for auction in October, it was reportedly expected to fetch in the region of $400 million. The seller was Sentinel Capital Partners, a...
Japanese healthcare technology start-up Ubie has closed its Series C round on JPY6.3bn (USD 43.2m) with the latest tranche featuring PE-owned pharmacy chain operator Sogo Medical.
Specialist food and agriculture investor Proterra Investment Partners has agreed to invest in Aperion Bioenergy, a Singapore-based bioenergy producer that sources used cooking oil for feedstocks.
Dymon Asia Private Equity (DAPE) has closed its third Southeast Asia middle market private equity fund at a hard cap of USD 650m, beating a target of USD 550m.
Gamurs, a Sydney-headquartered media company specialising in gaming, e-sports, and entertainment, has secured USD 12m in Series A funding.