Investments
New Zealand's Waterman Capital takes half of Working In
New Zealand-based Waterman Capital has reportedly acquired a 50% stake in Working In Ltd., an immigration and employment-information provider, for an undisclosed sum.
PAI sells UK auto company to Japan's Itochu
French private equity fund PAI Partners will sell its UK auto parts portfolio company Kwik Fit to Japanese trading conglomerate Itochu after reportedly receiving EU regulators’ blessing to complete the acquisition.
ICICI Venture takes 10% stake in Indian restaurant chain operator
ICICI Venture, a private equity firm and a subsidiary of ICICI Bank, has acquired a 10% stake in Indian food and beverage chain operator Devyani International Limited for approximately $55.6 million.
TA Associates takes minority stake in Tega Industries in India
TA Associates, a growth-focused private equity firm, has completed a minority investment in Tega Industries Ltd., a company offering designs and production of consumables for the mining industry in India. Financial details were not disclosed.
KKR invests in Oz recycling company
KOHLBERG KRAVIS ROBERTS (KKR) HAS invested approximately A$90 million ($96.9 million) in Australia Stock Exchange-listed recycling group CMA Corporation.
J-Star looks to construction for its 12th deal
JAPANESE PRIVATE EQUITY FIRM J-STAR has taken a majority stake in Taiheiyo-Seiki Co. (THY), a privately held construction machinery manufacturer, marking J-Star’s second deal this year, following the investment into HCM, in-home care provider, and its...
Japan's Takeda provides exit for European PE firm
Takeda Pharmaceutical Co, one of the largest pharmaceutical companies in Japan has reportedly planned to take over Zurich-headquartered pharmaceutical maker Nycomed, which is owned by European private equity firm Nordic Capital and Credit Suisse’s private-equity...
Tencent to take shares in Huayi Brothers Media
China’s internet giant Tencent will reportedly make a strategic investment in Huayi Brothers Media, a Shenzhen-listed film distributor and TV produce based in Beijing and Hong Kong.
Blackstone considers Intelenet divestment - report
Blackstone is said to be considering selling its 66% stake in Indian BPO firm Intelenet Global Services to British services network Serco.
Mizuho sells its 53.3% stake in SDS Bitotech to Idemitsu
Mizuho Capital Partners is to sell its remaining holdings in Tokyo-based biotech company SDS Biotech K.K., to oil distributor Idemistu Kosan Co. through a tender offer.
Milestone-backed jeans maker files for Chapter 11
Private-equity backed Bobson & Co., a Tokyo-based jeans maker, has filed for Chapter 11 with a debt of JPY734million ($9.1 million) as of Feb 2011.
Carlyle and Macquarie bid for Redflex stopped short
Three months after The Carlyle Group and Macquarie Group made inroads to acquire Australian traffic light and road safety firm Redflex Traffic Systems, offering approximately A$300 million ($302 million) - a 21% premium - for the asset, a key company...
Australian cleaning company rejects private equity bid
Spotless Group, a ASX-listed Melbourne-based cleaning services company, has rejected a conditional $700 million bid from a private equity firm, Blackstone, reported by Reuters.
Mumbai Angels supports net agri products seller
Mumbai-Angels, the Indian investment firm focusing on early stage companies, has reportedly taken a 25% stake in Chennai based MVS Efarm Pvt Ltd, for undisclosed sum.
Carlyle group's awareness of China investment risks
The Carlyle Group was reportedly having problematic issues with two of its portfolio companies, China Forestry, a Hong Kong-listed plantation operator and NASDAQ-listed China Agritech.
J-Star makes 12th investment, in Taiheiyo-Seiki
Japanese private equity firm J-Star has taken a majority stake in Taiheiyo-Seiki Co. (THY), a privately held construction machinery manufacturer and seller, representing J-Star’s 12th investment since its 2006 launch.
VIDEO: ChrysCapital's Gulpreet Kohli
Despite India’s investment landscape has become expensive in recent years, ChrysCapital’s MD Gulpreet Kohli identifies some pockets of opportunity that make the market compelling
KKR strengthens ties to Oz recycling company
Kohlberg Kravis Roberts (KKR) has invested approximately A$90 million in Australia Stock Exchange-listed recycling group CMA Corporation, prompting CMA to voluntarily suspend trading.
BoaML PE team spins out
NewQuest Capital Partners to focus on direct secondaries in Asia via its $400 million fund
Richard Ong's RRJ Capital makes first deal
Hopu Fund co-founder Richard Ong has made his first investment from his $2 billion maiden fund, into US-focused oil exploratory and extraction firm Frac Tech Services - a seeming departure from his vehicle’s Asia Pacific mandate.
J-Star makes second healthcare acquisition
Japanese private equity firm J-Star has made another investment in Japan’s growing healthcare sector, taking a majority stake in HCM, KK, a domestic provider of in-home care services, via a management buyout. Financial details were not disclosed, but...
Unitas completes landmark Hyva deal
Asian private equity firm Unitas Capital has completed the acquisition of Hyva Holdings B.V. from Europe’s 3i, for an enterprise value of EUR525 million ($761.5 million). The acquisition was partly financed through a high yield bond, marking the first...
Dutchess Capital injects $16.3m in Motopia in Australia
The US-based Dutchess Capital Management, a fund manager specializing on short-term and growth-stage public companies that fall under the ‘special situation’ category, will invest up to A$15 million ($16.3 million) in Motopia Limited, taking a 19.99%...
New Zealand's Direct Capital takes majority stake of Scales Corp.
Auckland-based private equity firm Direct Capital will take a 79.7% stake in local apple exporter and cold storage company Scales Corporation for $44 million, purchasing the asset from South Canterbury Finance, which has been under the receivership since...