Permira and Hillhouse Capital will sell their stakes in Magento Commerce, a US company that provides transaction-processing software to e-commerce players, to Adobe as part of a $1.7 billion transaction.
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Singapore-based Dymon Asia Private Equity (DAPE) has teamed up with domestic engineering company Tee International to acquire a medical division of industrial services provider Sembcorp Environment for S$20 million ($15 million).
Singapore’s GIC Private has joined co-working space provider JustCo and local developer Frasers Property to establish a $117 million platform that will focus on co-working space investments across Asia Pacific.
The Blackstone Group has made a partial exit from Indian IT services provider Mphasis, selling an 8% stake in the publicly traded company for approximately INR14.8 billion ($217 million).
Vietnam’s consumer economy is attracting a wider range of investors as deal sizes inflate and new openings emerge in a winding value chain. Private equity is positioned to exploit several vantage points
Singapore-based automotive marketplace operator Carro has received a $60 million Series B funding round led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group.
Two more Chinese online long-term property rental platforms – Uoko.com and Baletu.com – have received private equity funding as young people opt to rent rather than buy in a climate of high property prices.
Intel Capital, the captive VC arm of Intel Corporation, has backed in three Chinese start-ups as part of a $72 million investment in 12 companies based in China and the US.
Baring Private Equity Asia has teamed up with Europe-focused PAI Partners to acquire World Freight Company International (WFCI), which markets and manages cargo freight capacity for airlines.
The Carlyle Group has agreed to sell ADT Caps, a South Korean security monitoring and dispatch business, to SK Telecom and Macquarie Group for an enterprise valuation of KRW2.97 trillion ($2.7 billion).
Sequoia Capital India and Saama Capital will exit their 10-year investment in ScioInspire Holdings, a healthcare analytics platform with operations in the US, UK and India, through a merger with US-listed industry peer EXL.
Indian business-to-business packaging marketplace Bizongo has raised a $22 million Series B round led by B Capital and the International Finance Corporation (IFC).
China Renaissance backs MiningLamp's ambitions to power the information processing needs of China's small businesses
The Full Truck Alliance Group, a Chinese trucking logistics firm also known as Manbang, has raised a $1.9 billion funding round led by SoftBank Group.
Japanese digital marketing services provider Plaid has raised JPY1.5 billion ($25.1 million) from a group of VCs including existing investor Eight Roads Ventures Japan and Femto Partners.
China-focused GP CITIC Capital Partners has acquired a majority stake in Jiangsu Sky Facility Management (SkyFM), a Chinese facility management service provider, for an undisclosed sum.
CLSA Capital Partners (CLSA CP) has supported a management buyout of NHOSA Corporation, which provides electronic health record (EHR) systems to dental clinics across Japan.
The Blackstone Group will buy the panel repair business of Australia-listed automobile aftercare services and accessories provider AMA Group for an enterprise valuation of A$508 million ($396 million).
Traditional buyouts slip into the shade, allowing education and technology to shine; China IPOs and secondary buyouts stay strong in a weak exit market; fundraising suffers an early-year blip
Japan’s KDDI Corporation and Global Brain have established their third VC fund with a view to investing JPY20 billion ($187 million) over the next five years.
Colinton Capital Partners, a private equity firm established by Simon Moore, formerly Australia head at The Carlyle Group, has agreed to buy marine engineering business AMS Group.
Dymon Asia Private Equity has exited Wah Loon Engineering, which provides engineering services for air conditioning, ventilation, fire protection and electrical systems in Singapore and Malaysia, to France-based Vinci Energies.
The Riverside Company has sold New Zealand-based animal health devices manufacturer Simcro, along with Work Health Group, an occupational rehabilitation services provider in Australia.