Consumer
South African hospital firm invests in India's Max Healthcare
South African hospital chain Life Healthcare will acquire at 26% stake in Max Healthcare for INR5.16 billion ($104 million) in what is one of the largest foreign investments in India’s healthcare sector.
Khazanah's Parkway tipped to buy Sterling Hospitals from Actis
Parkway Holdings, the Singapore-based hospital operator owned by Khazanah Nasional, is the favored bidder for Actis’ Sterling Hospitals. The deal, which could be worth around INR7 billion ($142 million), would allow Parkway to enter India’s $65 billion...
Colorado Group gets back on its feet
Is there life after receivership? The owners of Colorado Group are banking on it, and have injected A$70 million ($68.7 million) to resurrect the retail brand in the hopes of finding longevity the second time around.
CLSA commits $22m to India's Resonance Eduventures
CLSA Capital Partners has invested $21.8 million for a minority stake in Resonance Eduventures, an Indian education specialist. It marks the fifth investment in India by the $333 million ARIA Investment Partners III and the 10th by the ARIA group of funds...
Baring group looks to exit Singapore-based Courts Asia
A unit backed by Baring Private Equity and a consortium of investors is looking to sell Singapore-based furniture and electronics franchise Courts Asia for more than S$500 million ($382 million).
Partners Group in mezzanine deal with Archer Capital's QSRH
Partners Group has provided a mezzanine loan to Australian Quick Service Restaurant Holdings (QSRH), the fast food chain that Archer Capital bought from Quadrant Private Equity for A$450 million ($474 million) in June.
Navis plans for King's Safetywear exit - report
Navis Capital seeking buyers for Southeast Asian footwear brand King’s Safetywear.
Aureos invests in Filipino cosmetics retailer HBC
Aureos South East Asia Fund II has purchased a 33% stake in Filipino cosmetics retailer HBC Inc. for $7 million.
Dysentery delays Bain's buyout of restaurant chain Skylark
Bain Capital’s acquisitions of Japanese restaurant chain Skylark from Nomura Principal Finance has been put on hold after an outbreak of dysentery led to the closure of 120 outlets in late August.
Quadrant seeks partial exit from New Zealand's Summerset
Quadrant Private Equity plans to list Summerset, New Zealand’s third-largest retirement village company, in November but is likely only to exit 30% of its 97% stake in the company following recent market volatility.
Hisense unit makes two for Advantage in China
Japanese buyout firm Advantage Partners has made its second investment in a Chinese company, injecting approximately JPY1.5 billion ($19.7 million) into Hisense Broadband Multimedia Technologies (HBMT).
Chinese luxury goods website raises seed round of financing
Parkview Ventures and Mousse Partners have participated in the seed round of financing for Chinese e-commerce company Hui She Shang, also known as The Luxury Club. The company offers Chinese consumers authentic and brand-authorized luxury goods – including...
CNEI commits $8m to Chinese grooming products firm
China New Enterprise Investment (CNEI) has committed $8 million to Men’s Life, which designs and distributes a range of skin care and post-shaving products to male consumers in China.
Unitas on course to exit Exego to US-listed Genuine Parts
Exego Group, an Australian auto parts distributor owned by Unitas Capital, has sold a 30% stake in itself to US-listed Genuine Parts Company for around $150 million in cash. The transaction will take the form of a new share issue, with Genuine Parts carrying...
Affinity-backed Colorado Group emerges from receivership
Colorado Group, the Affinity-backed clothing retailer taken into receivership earlier this year, is set to emerge from administration under the name Fusion Retail Brands.
PEP set to approach potential buyers of Griffin's Foods
Pacific Equity Partners (PEP) will approach potential buyers for Griffin’s Foods in the next week or two, setting up a deal that has been valued at up to A$750 million ($735.7 million) including debt.
Foster's accepts SABMiller takeover bid
SABMiller is to acquire Australian brewing giant Foster’s Group for A$9.9 billion ($10.2 billion). The takeover comes three months after Foster's Group rejected an A$9.5 billion bid by the UK label, branding it as too low.
Northstar closes in on fourth deal for $820m third fund
Northstar Pacific is poised to secure a fourth deal for Northstar Equity Partners III, which recently reached a final close of $820 million. The four transactions are expected to account for around 20% of the fund’s corpus, a source familiar with the...
Indian pizza chain owner seeks PE funding
Bangalore-based United Restaurants, which owns the US Pizza chain, is looking to raise INR600 million ($12.6 million) from private equity funds to finance its expansion plans. It is the latest in a string of fast-food chain to enter the market for third-party...
RRJ invests in Chinese diaper manufacturer – report
RRJ Capital, the private equity firm set up former Goldman Sachs and Hopu Investment luminary Richard Ong, has teamed up with CK Life Sciences to invest $80 million in Chinese baby diaper manufacturer AAB, Reuters reported, citing a source with direct...
General Atlantic backs Chinese tea company's IPO
General Atlantic has committed around $54.3 million to Chinese tea company Tenfu Holdings’ $182 million IPO in Hong Kong. The US private equity firm agreed to come on board as a cornerstone investor, taking about 73 million shares at HK$5.8 apiece, which...
Apax in talks with another Indian FMCG firm
Apax Partners is considering an up-to $150 million investment in Indian fast-moving consumer goods company CavinKare, The Business Standard reported, coming as the UK-based firm nears a stake acquisition in another domestic FMCG player, Jyothy Laboratories,...
Rewards startup Affinity China receives incubation funding
Affinity China, the loyalty, reward and lifestyle network targeting Chinese overseas travelers, has raised $600,000 worth of seed funding from venture capital firms RRE Ventures and 500 Startups, alongside strategic investor Loeb Enterprises.
SAIF Partners India backs Manpasand Beverages
SAIF Partners India has invested $10 million in Manpasand Beverages, a juice maker and distributor based in Vadodara. The deal is the latest in a string of private equity transactions in India’s food and agriculture space, The Economic Times reported....