Expansion
Creador backs Indian home loans provider
Creador has acquired a 9.9% stake in Repco Home Finance (RHF), an Indian housing finance provider owned by Repco Bank, for INR724 million ($13.7 million). It is the India- and Southeast Asia-focused GP’s second deal in a fortnight and leaves the firm’s...
CITIC Capital Japan-backed Tri-Wall acquires DS Smith unit
Tri-Wall, a Hong Kong-headquartered heavy-duty cardboard manufacturer backed by CITIC Capital Partners, has acquired the UK Tri-Wall unit of British packaging firm D.S. Smith.
Q&A: Tata Opportunities Fund's Mukund Rajan
India’s private equity industry has suffered criticism from disappointed LPs in the last couple of years. Mukund Rajan, managing partner of Tata Opportunities Fund, identifies a few positives
Headland invests in Malaysian snack foods brand
Headland Capital Partners has invested in Mamee-Double Decker Barhad, one of Malaysia's largest food and beverage firms. The details of the transaction were not disclosed.
Avigo, Matrix back Indian education group
Avigo Capital and Matrix Partners India have invested INR1 billion ($18.7 million) in education service provider Maharana Infrastructure and Professional Services (MIPS)
Everstone invests in Transpole Logistics
Everstone Capital has invested INR2.2 billion ($41 million) in India's Transpole Logistics. The Dehli-headquartered firm provides services including freight forwarding, warehousing and distribution.
Lunar Capital enters partnership with Pinco Pallino
Lunar Capital has entered into a partnership with Italian children's fashion brand "I Pinco Pallino" to expand its presence in China and East Asia. Under the agreement, Lunar and Pinco Pallino, which is owned by Italian private equity firm Opera, plan...
Baird rebrands PE operations as Baird Capital
The private equity operations of Robert W. Baird & Co. have been consolidated under a single brand – Baird Capital.
PE firms compete for Everstone’s stake in VLCC – report
Several global and regional private equity firms are reportedly in the hunt for Everstone Capital’s 16% interest in Indian health and beauty treatment specialist VLCC.
GEF to invest $8.4m in India’s IClean
Global Environment Fund (GEF) has invested INR450 million ($8.4 million) for a minority stake in Integrated Cleanroom Technologies (IClean), which manufactures prefabricated modular cleanrooms and related equipment.
Infinity and affiliate secure 4.7% of Anxin-China
Infinity Group, the Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, has joined an affiliate in purchasing a 4.7% stake in Anxin-China Holdings for $30 million.
Everstone acquires stake in India’s Transpole
Everstone Capital has invested INR2.2 billion ($41 million) to acquire a significant minority stake in Transpole Logistics, one of the leading freight forwarders in India. The company will use to proceeds to expand overseas operations in China, Malaysia,...
Sequoia invests $9.3m in Indian eye hospitals
Sequoia Capital has invested INR500 million ($9.3 million) in ASG Eye Hospitals, a Rajastan-based group of specialty eye hospitals. The funding will be used by the company to support expansion into central and northern India.
TA-backed SpeedCast acquires Dutch satellite provider
SpeedCast, a Hong Kong-based satellite communications service provider backed by TA Associates, has completed a buyout of Elektrikom Satellite Services, a maritime network service provider based in the Netherlands. This is the company’s second acquisition...
IFC to increase stake in Morgan Stanley-backed China Flooring
International Finance Corporation (IFC) will extend a loan to China Flooring Holding Company, a Hong Kong-listed firm backed by Morgan Stanley Private Equity Asia. The loan will consist of a term loan of up to $30 million and a convertible loan of up...
KKR shows its conviction in Masan
KKR has doubled down on the Vietnam consumer story. Following a $159 million commitment to Masan Consumer Corp. (Masan) in April 2011, the largest investment in the country from a private equity fund, KKR broke its own record last week by injecting a...
The debt deadline: Japans's SMEs at a crossroads
Japan’s Debt Moratorium Law, seen by some industry participants as an impediment to PE deal flow in the last three year, is set to expire at the end of March. Does this spell new opportunities for the industry?
Accel Partners leads Series C round for India's ScaleArc
Accel Partners has led a $12.3 million round of Series C funding in ScaleArc, a database infrastructure software company founded by Mumbai entrepreneur Varun Singh.
Fidelity invests in India's Richcore Lifesciences
Fidelity Growth Partners India has invested INR300 million ($5.5 million) for a majority stake in Richcore Lifesciences, a Bangalore-based enzyme developer.
Actis invests in Chinese medical equipment manufacturer
Actis has entered China’s healthcare space by purchasing a significant minority stake in Nanjing Micro-Tech, a manufacturer of specialist medical equipment used in hospitals and surgeries.
PE-backed InMobi acquires Overlay media
Indian mobile ad network InMobi has acquired Overlay Media, a UK developer of “content aware” computing technologies.
Riverside invests in Australian military training company
Riverside has invested in Bohemia Interactive Simulation, an Australian company which provides military training simulation technology.
KKR boosts Masan Consumer stake with $200m investment
KKR has more than doubled its investment in Vietnam’s Masan Consumer Corp. (Masan), committing $200 million on top of the $159 million it paid for a 10% stake in the company two years ago. It is the largest ever private equity investment in Vietnam,...
KKR to put another $40m into United Envirotech
KKR has agreed to invest $40 million in United Envirotech (UEL), a Chinese water treatment and recycling solution provider. The private equity firm previously subscribed to $113.8 million convertible bonds issued by UEL in October 2011.