Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
KKR has made a pre-IPO investment of KRW800 billion ($723 million) in Hyundai Global Service (HGS), the aftersales marine services arm of Korean shipbuilder Hyundai Heavy Industries Holdings (HHIH).
MBK Partners has agreed to sell Apex International, China’s second-largest air freight forwarder, to Swiss logistics giant Kuehne + Nagel.
Asia Green Fund reunited with the team at special situations investor BroadPeak Global for the $510 million acquisition of DuPont's clean energy unit. Driving expansion in China is now the priority
Japanese conglomerate Sumitomo Corporation has acquired Singapore-based construction equipment rental business Aver Asia, facilitating a full exit for CDH Investments.
India’s Zetwerk, a marketplace for the outsourcing of small manufacturing jobs, has raised a $120 million Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners.
Although its second fund is considerably larger than its first, Novo Tellus Capital Partners expects to target the same kind of Southeast Asian industrial technology businesses that have succession and expansion issues
A consortium led by CPE Capital has submitted a buyout offer for Bingo Industries, an Australia-based waste management and recycling company at an enterprise valuation of A$2.28 billion ($1.7 billion).
Chinese industrial robot manufacturer Jaka Robotics has raised RMB300m ($46m) in Series C funding led by CPE and State Development and Investment Corporation (SDIC).
J-Star, a Japanese lower middle-market GP, has announced its third liquidity event in the space of a week with the exit energy savings solutions provider ESCO via a buyout by company management.
Novo Tellus Capital Partners has invested S$23.6 million ($17.7 million) in Grand Venture Technology, a Singapore-listed provider of testing, assembly, and engineering services for semiconductor manufacturing.
Chinese B2B fabrics trading platform Baibu has raised $110 million in an extended Series D round led by Hidden Hill Capital, the private equity platform of logistics giant GLP China.
The Carlyle Group has acquired a majority stake in Rigaku Corporation, a Japanese manufacturer of X-ray equipment, for an enterprise valuation of approximately JPY100 billion ($970 million).
Applied Materials, which agreed to acquire Japanese semiconductor industry supplier Kokusai Electric from KKR 18 months ago, has increased its offer for the company from $2.2 billion to $3.5 billion.
Flexiv, a China and US-based industrial robotics start-up specializing in machines that can adapt to unpredictable environments, has raised a $100 million Series B round featuring Gaorong Capital.
Platinum Equity has sold Compart Systems, a Singapore-headquartered metal components manufacturer, to Shanghai Wanye Enterprises for a valuation of approximately $398 million.
Arcadia Capital, an Australia-based private equity firm that operates on a deal-by-deal basis, has completed its debut investment with the acquisition of specialist equipment rental business Orange Hire.
The Blackstone Group has agreed to buy Piramal Glass, a glass packaging business owned by Indian conglomerate Piramal Group, for an enterprise valuation of INR75 billion ($1 billion).
CLSA Capital Partners’ sale of Japanese staffing services player Qit to Advantage Partners reveals enduring private equity interest in potentially shaky categories made sturdy by specialization
CLSA Capital Partners has sold Japan-based industrial sector human resources outsourcing business Qit to Advantage Partners for an undisclosed sum.
Australia’s Roc Partners has agreed to acquire a 100% stake in local grain storage and handling company Emerald Grain from Japan’s Sumitomo Corp for an undisclosed sum.
Swapping a traditional fund for a less familiar corporate vehicle represented a gamble for Equis, but the Asian infrastructure manager was confident its approach would make sense to a subset of investors
Aavishkaar Capital and Circulate Capital have invested a combined $18 million in Indian waste recovery and recycling business Nepra.